Fed mulls 2023 rate hike, COVID Olympic fears, and a sea drone

We gather the numbers to know from the week’s biggest economic news stories so you can impress yourself and your friends. 

It’s Friday again and in case you missed them, we’ve gathered the week’s most notable business and economic stories to keep you in the loop. We’ve got stories you’ll want to read, from a sea drone with artificial intelligence getting ready for its maiden voyage across the Atlantic to mounting fears that the Tokyo Olympics could derail Japan’s economic recovery to a profile of the NBA agent-turned-entrepreneur who founded AFA Sports – the only African sports apparel company to officially outfit a team at the upcoming Olympic Games. AFA is also creating much-needed jobs in inflation-hit Nigeria. And speaking of inflation, the United States Federal Reserve revised its outlook upward for US inflation this year – and surprised many by signalling it could raise interest rates as soon as 2023.