The A.I. Spending Frenzy Is Propping Up the Real Economy, Too – The New York Times
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least....
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Global Markets Mixed as Focus Shifts to Inflation Data – WSJ
U.S. stock futures eased a touch Friday after key indexes closed at fresh record highs Thursday, buoyed by strong economic growth and a robust earnings...
Canada Economy Contracts in Second Quarter as Tariffs Sink Exports – WSJ
Canada’s economy was hit hard by the ramp up in tariffs in the latest quarter, when a slump in exports and drop in business investment...
How a power shortage could short-circuit Nvidia’s rise – The Economist
On august 27thNvidia performed what has become a quarterly ritual beating of expectations. Analysts forecast that the chipmaker would sell $46bn-worth of semiconductors in the...
Confidence in UK services sector falls amid rising costs and weak demand – The Guardian
Business confidence plunged this month across the UK’s services sector as mounting cost pressures and weak demand hit profits and undermined the outlook for the...
Economists disagree about everything. Don’t they? – The Economist
When President Donald Trump fired Erika McEntarfer, America’s labour statistician, he achieved something supposedly rare: he got economists to unite. In a survey by the...
‘Full of bugs’: how the world’s biggest carmakers fell behind in software – The Financial Times
The article discusses how major automakers are struggling to transition from traditional manufacturing to sophisticated automotive software development, and how these legacy firms lag behind...
Even Nvidia Has Speed Limits – WSJ
Nvidia’s NVDA -0.09%“new normal” doesn’t look that bad. But in a market awash in waves of AI hype, even the industry’s biggest ship can be...
Why you should buy your employer’s shares – The Economist
It is not hard to see why Jamie Dimon owns a lot of shares in JPMorgan Chase. He is the bank’s boss and its shareholders...
Microsoft talks set to push OpenAI’s restructure into next year – The Financial Times
OpenAI’s corporate restructuring is likely to slip into next year, as the ChatGPT maker negotiates over key terms of its future relationship with Microsoft, complicating...