US economy saw stronger-than-expected job growth in September, but the unemployment rate rose – CNN
The latest snapshot of the US labor market showed an unexpected rebound of 119,000 jobs in September but a loss for August and a lower...
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UK Plans £10 Billion Wales Data-Center Hub in AI Push – Bloomberg
The UK plans to open a data center campus in south Wales, with developer Vantage Data Centers spending £10 billion ($13.1 billion) for facilities near...
Boston Fed President Susan Collins Sees No ‘Urgency’ for December Rate Cut – WSJ
Susan Collins, president of the Federal Reserve Bank of Boston, said that she sees no strong need for another interest-rate cut next month, underscoring the...
Behind the AI bubble, another tech revolution could be brewing – The Financial Times
This week Jensen Huang, the charismatic leather jacket-wearing head of Nvidia, has dominated headlines. No wonder: on Wednesday his company, which is a bellwether for...
An MIT Student Awed Top Economists With His AI Study—Then It All Fell Apart – WSJ
Aidan Toner-Rodgers, 27, sprang to the upper tiers of economics as a graduate student late last year from virtually out of nowhere.While still taking core...
Why Today’s Internet Is So Fragile – Bloomberg
For much of the world, there is no longer any such thing as being offline. The internet underpins the global financial and consumer ecosystem, enabling...
The Middle Class Is Buckling Under Almost Five Years of Persistent Inflation- WSJ
America’s middle class is weary.After nearly five years of high prices, many middle-class earners thought life would be more affordable by now. Costs for goods...
Christine Lagarde warns European growth is linked to ‘disappearing’ world – The Financial Times
Europe’s economic prosperity is “geared towards a world that is gradually disappearing”, Christine Lagarde said on Friday, imploring the bloc’s policymakers to finally overcome “years...
Crypto got everything it wanted. Now it’s sinking – The Economist
On January 3rd it will have been 17 years since Satoshi Nakamoto, the pseudonymous founder of bitcoin, first unveiled the cryptocurrency. The most popular digital...
What on Earth just happened to the stock market? – CNN
A day after Thursday’s anxiety-inducing fake out, Friday turned into Redemption Day on Wall Street.The Dow ended the day 493 points higher, or 1.08%, after...