When companies lose their way – The Economist
On Elliott Hill’s first day on the job as chief executive of Nike, in October 2024, he gave a presentation to his staff. His opening...
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US Retail Sales Are Proving Resilient While Risks Mount – Bloomberg
US retail sales growth likely moderated a touch in September, capping an otherwise solid quarter of spending by consumers who are nonetheless frustrated by high...
Has Britain become an economic colony? – The Guardian
Two and a half centuries ago, the American colonies launched a violent protest against British rule, triggered by parliament’s imposition of a monopoly on the...
Is this the end of the scorching gold rally? – The Economist
The jargon of gold trading echoes that of poker. “Strong hands” are investors loyal to the metal no matter the price. “Weak hands” are flaky...
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...
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...