Roman Samborskyi/ShutterstockYou search online for a pair of trainers. Minutes later, similar shoes appear on social media feeds. A shopping site offers a limited-time discount and suggests a matching jacket. This is no longer just an advert shown to millions of people.
Edinburgh Festival image Euan CherryEdinburgh Festival Fringe includes more than 3,600 shows this year. The world’s largest arts festival, once again transforming Scotland’s capital into a global stage. But this year, something else opened first.
When you think of advanced futuristic clothing, what comes to mind?
The Boulder Theater is one of many locations that will host screenings for the Sundance Film Festival in January 2027. Hyoung Chang/The Denver Post via Getty ImagesWhen the Sundance Film Festival begins in Boulder, Colorado, on Jan.
Haley and Hanna Cavinder, who played college basketball for the Miami Hurricanes, were among the first student-athletes to sign major deals over their name, image and likeness. AP Photo/Darron CummingsA lot has changed since college athletes began earning compensation in 2021.
Economic uncertainty – the extent to which households, firms, investors and policymakers find it difficult to assess the economic outlook – has increased markedly in recent years with successive geopolitical and trade policy shocks. This article reviews recent developments in various proxies for uncertainty and shows that metrics capturing geopolitical and trade policy uncertainty have remained persistently elevated. The adverse impact of uncertainty shocks on business investment is typically larger and more persistent than the effect on private consumption.
The Artificial Intelligence Consortium (AIC) aims to provide a platform for public-private engagement to further dialogue on the capabilities, development, deployment, use, and potential risks of artificial intelligence (AI) in UK financial services.
We analyse whether textual information extracted from firms’ earnings calls can improve forecasts of the euro area job vacancy rate. Using transcripts from euro area headquartered firms, we construct a monthly indicator of labour demand based on keywords related to labour market pressures and include it into a mixed frequency Bayesian VAR alongside standard hard and soft indicators. A pseudo–real-time evaluation shows that earnings calls provide timely and valuable signals for tracking vacancy dynamics.
We design an econometric framework to simulate multiple adverse macro-financial scenarios that can be used in top-down stress tests. First, we create a financial stress index informed by shocks generated via a non-parametric copula estimated on a large dataset of daily financial indicators. Second, we simulate the joint dynamics of macroeconomic indicators conditional on the copula-based financial shocks in a large multi-country Bayesian VAR model.
We design an econometric framework to simulate multiple adverse macro-financial scenarios that can be used in top-down stress tests. First, we create a financial stress index informed by shocks generated via a non-parametric copula estimated on a large dataset of daily financial indicators. Second, we simulate the joint dynamics of macroeconomic indicators conditional on the copula-based financial shocks in a large multi-country Bayesian VAR model.
