Two of the world’s biggest artificial intelligence companies announced major advances in consumer AI products last week. Microsoft-backed OpenAI said that its ChatGPT software could

The U.S. has long been the lender of last resort to the world. During the emerging-market panics of the 1990s, the global financial crisis of

Sometimes it seems as if the cloud is swallowing corporate computing. Last year businesses spent nearly $230bn globally on external (or “public”) cloud services, up

A sell-off in global bond markets has pushed borrowing costs to their highest levels in a decade or more. That means potentially heavy losses for

A monthly US jobs report due Friday may be the last to show solid hiring before a sharp slowdown, according to Bloomberg Economics.

October has a long history of spooking Wall Street, and this week’s market action is serving up a particular dose of terror for traders. Markets

Americans quit their jobs at a significantly slower pace this summer after a record flood of resignations earlier in the pandemic subsided, a trend that

Borrowing costs for governments around the world have risen to the highest level in decades as investors bet that stubbornly high inflation will force global

Almost any economist will tell you they don’t have a crystal ball. But using all kinds of fancy (and sometimes not so fancy) models, they