French Bonds Fall After Unscheduled S&P Downgrade on Budget Risk – Bloomberg
French bonds declined after S&P Global Ratings downgraded the nation’s sovereign credit score, an unscheduled move that highlights its fiscal woes and places its debt
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Why Wall Street is fearful of more lending blow-ups – The Economist
“I probably shoundn’t say this, but when you see one cockroach, there are probably more.” Jamie Dimon, boss of JPMorgan Chase, America’s biggest bank, offered
Stress Tests Can Help Determine How Much Capital Central Banks Need
Central banks pride themselves on being data-driven and consensus-based. Surprisingly, though, there is little consensus among policymakers on a crucial issue: how much capital should
Weak Jobs, Solid Growth and a Fraught Fed Future: The Outlook, Visualized – WSJ
Economists have two views on the nation’s economy—stronger-than-expected growth and weaker employment prospects. The split boils down to the forces driving the economy: a boom
UK brain monitoring start-up goes from teenage idea to $100mn funding – The Financial Times
UK brain monitoring start-up goes from teenage idea to $100mn funding. London-based CoMind is aiming to start selling its medical device in 2027.London-based CoMind has
Data Centers Rise in Fracking Country – WSJ
Data centers to power the AI boom are being built all over Texas. This week, one stood out above the rest.Cloud-computing provider CoreWeave and AI
Why this analyst says the AI bubble is 17 times bigger than the dot-com bust – CNN
At this point, even the concept of an “AI bubble” seems to be a bubble. (In fact, Deutsche Bank analysts said last month that the
What is private credit, and should we be worried by the collapse of US firms? – The Guardian
The collapse of two US firms, First Brands and Tricolor, has shone a light on private credit and its growing influence in the global economy.
PODCAST: At The Money: How Greed Became a Virtue
Greed was long seen as a selfish vice, undercutting our happiness and our life satisfaction. Yet today, the pursuit of money is a driving factor in all
What Is a Tariff and Why Are They Important?
Most countries are limited by their natural resources and ability to produce certain goods and services. They trade with other countries to get what their