Household incomes rose last year for the first time since 2019 – The Washington Post
Household incomes rose last year for the first time since 2019 but are still lower than they were before the pandemic, according to a new...
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Electricity infrastructure is the next play for AI investors – The Financial Times
Hello from New York, where we have had another chaotic weekend of politics. Former president Donald Trump was safe on Sunday after another apparent assassination...
Money Market Funds, Large CDs, Small CDs, and T-Bills: Americans and their Huge Piles of Interest-Earning Cash – Wolf Street
Americans hate, hate, hate inflation. But they like the higher yields on their cash that came with it, and they put a lot of cash...
The AI Spending Spree, in Charts – WSJ
Generative artificial intelligence has sparked one of the biggest spending booms in modern American history, as companies and investors bet hundreds of billions of dollars...
How Central Banks Won the Battle But Lost the War – Bloomberg
As US inflation subsides and the Federal Reserve readies its first interest rate cut since the pandemic, central bankers must confront a new reality: in...
Interest Rates Are Too High. The Fed Should Cut by a Half Point. – WSJ
The Federal Reserve’s interest-rate decision this week looks more difficult than it should be. The real question isn’t how much to cut, but where rates...
Intel is on life support. Can anything save it? – The Economist
Since its founding in 1968 Intel has been synonymous with shrinkage. In its first four decades this was high praise. Every two years or so...
Why a Fed Rate Cut Won’t Solve the Housing Wealth Gap – WSJ
The U.S. housing market is sharply divided between those who own and would-be buyers who can’t afford a home. The Federal Reserve’s widely expected rate...
Can bonds keep beating stocks? – The Economist
Diversification, goes an adage attributed to the late Harry Markowitz, is the only free lunch in investing. The idea later helped him win a Nobel...
US economy is heading for soft landing, FT survey says – The Financial Times
The US is heading for a soft landing, as the economy expands while inflation drifts back to the Federal Reserve’s 2 per cent target, according...