- David Limp, Amazon's devices chief, is planning to retire in the coming months after over 13 years at the company.
- Limp oversees Amazon's Alexa and a portfolio of services and gadgets that have struggled to make money.
- His division has been a target of cost cuts, resulting in job losses across the company.
- Limp's planned exit adds to the recent departures from Amazon's senior leadership team under CEO Andy Jassy.
- Amazon has sold over 500 million Alexa-enabled devices, but the smart speakers largely sell without a profit.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec