The World’s Largest Buyer of U.S. Debt Isn’t Going Away – WSJ
Could the largest foreign buyer of American debt suddenly stop buying? Here is a comforting thought: This problem is probably already behind us. At a
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The Jobless AI Future Is Still a Long Way Off
Tech billionaire Elon Musk recently prophesied that there “will come a point where no job is needed,” owing to advances in artificial intelligence. But the
American spending has kept the economy going since the pandemic. It may finally be stopping, in charts – CNN
Not even two years of soaring prices and mounting interest rates have stopped Americans from opening their wallets and tapping their credit cards. The consumer’s
Investors Are Hungry for Risk—and Holding Record Cash Sums – WSJ
Stocks and bonds have surged in November. With record investor balances in money-market funds, some analysts are optimistic that they have more room to run.
Sunak Says Claims UK Headed for Austerity ‘Simply Unfounded’ – Bloomberg
Rishi Sunak denied his economic plans are about to deliver a fresh bout of UK austerity, even as the official fiscal watchdog warned his tax-cutting
Gold hits 6-month high as easing outlook on interest rates dents dollar – The Financial Times
Gold prices rose to a six-month high on Monday as increasing conviction that the US Federal Reserve was done raising interest rates and a weaker
First Republic Crashed and Burned. This Bank Wants to Copy Its Business – WSJ
Regional lender Citizens Financial Group CFG 0.41%increase; green up pointing triangle opened a new private bank for wealthy customers last month. Its inspiration: First Republic
How AI could power the climate breakthrough the world needs – CNN
Tomato growers in central India have been increasingly worried about the volatility that extreme weather events have brought to the region. For much of the
Can branches be a competitive edge?
The bank branch’s future is seemingly hanging by a thread in many countries. In the UK, the total number of bank and building society branches
How will America’s economy fare in 2024? Don’t ask a forecaster – The Economist
November brings with it the beginning of the end of the year. The first frost signals winter has arrived. Thanksgiving marks the start of the