American Millennials Drive Surge in Freelancing as a Side Job – Bloomberg
Americans are freelancing now more than ever, and they’re increasingly working such jobs on the side to supplement their main income, according to a survey...
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Nvidia share slide erases more than $550bn in market value – The Financial Times
Nvidia has shed more than $500bn in market value since briefly becoming the world’s most valuable company last week after shares fell almost 7 per...
AI Is Challenge for Central Banks to Raise Their Game, BIS Says – Bloomberg
Central banks must get a better grip on artificial intelligence both to gauge its economic impact and to harness the technology for themselves, the Bank...
Fed officials are talking down the chance of rate cut this year – CNN
At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that...
Is artificial intelligence making big tech too big? – The Economist
When chatgpt took everyone by storm in November 2022, it was Openai, the startup behind it, that seized the business world’s attention. But, as usual,...
U.S. Business Activity Grows as Europe Recovery Slows – WSJ
Business activity in the U.S. continued to grow rapidly this month, according to surveys of purchasing managers released Friday, but there were signs of a...
German Business Sentiment Weakens With Economic, Political Clouds Ahead – WSJ
Sentiment at German companies has become more pessimistic on weakening expectations for business conditions ahead, amid growing economic and political uncertainty, according to a monthly...
France could trigger the next euro crisis – The Financial Times
“Our Europe is mortal, it can die,” warned Emmanuel Macron in late April. Who knew that just a few weeks later France’s president would set...
Will Debt Sink the American Empire? – WSJ
America is cruising into an uncharted sea of federal debt, with a public seemingly untroubled by the stark numbers and a government seemingly incapable of...
AI is replacing human tasks faster than you think – CNN
Corporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans. More than half (61%) of large US firms plan to...