How the U.S. Economy Became Hooked on AI Spending – WSJ
The turbulence that hit stocks tied to artificial intelligence last week highlights a broader risk to the economy. Growth has become so dependent on AI-related...
Author : Nelli Avetisyan
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center – WSJ
It seems like a marvel of financial engineering: Meta Platforms META 3.16%is building a $27 billion data center in Louisiana, financed with debt, and neither...
Why investors are increasingly fatalistic – The Economist
Sales of Nvidia’s most advanced chips “are off the charts”, said Jensen Huang on November 19th, while reporting his firm’s highest-ever quarterly revenues. The boss...
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...
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...
Even as Global Uncertainty Surges, Economic Sentiment Remains Positive
Major policy shifts this year have been adding to unknowns about the future and policy decisions, according to our World Uncertainty Index, which has doubled...
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...