ECB may need to hike in Dec, chief economist says

“June’s housing data points to a market with stronger momentum but not a broad supply reset,” said Chris Lim, RE/MAX President and Chief Growth Officer. “Sales picked up, inventory continued to expand and prices remained steady year over year. For consumers, that means local conditions still matter. In a market like this, timing, pricing and…

Ryanair CEO Michael O’Leary told CNBC Monday that European airfares are set to rise “significantly,” growing by as much as 20% next year as fuel hedges expire. The budget air carrier’s profit fell 15% to 2.15 billion euros ($2.3 billion) in the first fiscal half of the year, as the price of its 20% unhedged…

Meta tested having human contractors handle some calls for the phone-calling feature of its personal artificial intelligence assistant Muse, Reuters reported Tuesday (Sept. 22), citing internal company posts and a Meta spokesperson. Meta began this test after some users of Muse reported that companies that were called by Muse often hung up when they realized…

This as-told-to essay is based on a conversation with Sameera Sullivan. It has been edited for length and clarity. As far back as high school, I loved giving people dating advice. My mom could see that I had real skill, and she encouraged me. Yet, I didn’t even know that matchmaking could be a business….

Jean Chatzky’s new book lays out several strategies for creating steady retirement income.

What is a dividend? It’s one of the best reasons to own stocks. It lets you get paid without working. It lets you share in the wealth created by the efforts of the world’s best companies. Dividends are income paid to shareholders, a way of being paid for owning a company’s stock. When you own…