HP to cut about 6,000 jobs by 2028, ramps up AI efforts – CNN
HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline...
Author : Nelli Avetisyan
Understanding Economic Efficiency: Key Definitions and Examples
Economic efficiency involves the optimal allocation of goods and production factors, aiming to maximize value while minimizing waste. It indicates that resources are utilized near...
PODCAST: Odd Lots: Why Paul Kedrosky Says AI Is Like Every Bubble All Rolled Into One
In recent weeks, there’s been renewed anxiety about the sustainability of the AI boom. This is partly due to comments from OpenAI CFO Sarah Friar...
Grim retail sales data fuels concerns about health of US economy – The Financial Times
A series of grim official data released just ahead of Thanksgiving has deepened concerns about the health of the world’s largest economy, intensifying the pressure...
The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested – WSJ
The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets....
What can nervous businesses expect from the Budget? – BBC News
Business leaders face a nervous final few days before the chancellor’s second Budget, having borne the brunt of a brutal set of tax hikes this...
Nvidia shares fall on signs Google gaining upper hand in AI – The Financial Times
The article reports that shares of Nvidia dropped significantly on Tuesday after signs emerged that Google might be overtaking Nvidia in the race for dominance...
Why the crypto market is crashing – CNN
Even by crypto standards, it’s been a rough few weeks.Investors in digital assets are accustomed to extreme volatility, but a $1 trillion wipeout over the...
Fed Chair Powell’s Allies Provide Opening for December Rate Cut – WSJ
Allies of Federal Reserve Chair Jerome Powell have laid the groundwork for him to push a rate cut through a divided committee at next month’s...
Why Emerging Economies Are Embracing AI
Surveys show that emerging economies’ populations are not only well aware of the opportunities AI creates, but also more optimistic about the technology than advanced-economy...