UK business confidence falls to record low amid rising employment costs – The Guardian
Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey of bosses. Topping the...
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OpenAI Launches Video Generator App to Rival TikTok and YouTube – WSJ
OpenAI is squaring up to TikTok, Google’s YouTube and Meta Platforms with a new social-media app for its AI video generator that allows users to...
The murky economics of the data-centre investment boom – The Economist
This spring McKinsey made what seemed to be an extraordinarily bullish forecast of capital spending on the chips, data centres and energy to produce artificial...
Goldman Says Looser Land Rules May Ease US’s Housing Squeeze – Bloomberg
US housing affordability has declined sharply over the past decade and relaxing land-use regulations could go a long way toward helping address America’s housing crunch,...
BOE Has Scope for Careful and Gradual Rate Cuts, Says Ramsden – WSJ
The Bank of England can continue to lower its key interest rate while bringing inflation down to its 2% target, deputy governor Dave Ramsden said...
Investing like the ultra-rich is easier than ever – The Economist
Fifteen years ago, Ian Ayres and Barry Nalebuff published a book with an intriguing argument. For decades, financial advisers had suggested to retail investors that...
Deutsche Bank Says The U.S. Economy Is Floating on AI Bubble
The global economy is increasingly leaning on artificial intelligence as its next great growth engine, but warnings are piling up that the boom is unsustainable...
RBA Keeps Rates on Hold as Economy’s Pulse Returns, But Uncertainty Lingers – WSJ
The Reserve Bank of Australia left interest rates on hold Tuesday, citing the need for continuing caution amid simmering inflation and a still-tight job market....
How to navigate social media trends without derailing your budget – AP News
Did you buy a new pink dress to watch the Barbie movie, only to never wear it again? An Oura ring because your favorite TikTok...
Video games maker Electronic Arts strikes $55bn deal to go private – The Financial Times
Video games maker Electronic Arts is being taken private by a Saudi-backed consortium assembled by Jared Kushner and Silver Lake in a $55bn deal that...