Nobel Economics Prize Awarded to Trio for Work on Innovation-Driven Growth – WSJ
Joel Mokyr, Philippe Aghion and Peter Howitt have been awarded the Nobel Prize for Economic Sciences for their work explaining how innovation and what economists
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Highest US Tariffs Since the 1930s Redraw the International Trade Map – Bloomberg
Canada is importing more cars from Mexico than from the US. China has snubbed American soybean farmers at harvest time and is buying from South
Why Deloitte is betting big on AI despite a $10M refund
AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to
JPMorgan backs ‘America First’ push with up to $10bn investment – The Financial Times
JPMorgan Chase will take stakes in companies of up to a total of $10bn to help fund growth in areas it deems critical to US
Loss: Understanding Its Impact and Significance in Finance
An operating loss arises when a company’s operating expenses exceed its gross income. In simpler terms, it happens when the revenues from the company’s core
About The Wall Street Journal Economic Forecasting Survey – WSJ
For more than 40 years, The Wall Street Journal’s Economic Forecasting Survey has helped readers better understand the direction of the U.S. economy by publishing
What if OpenAI went belly-up? – The Economist
Look around the world of artificial intelligence and OpenAI is everywhere. In early September ChatGPT’s creator reportedly struck a deal to buy perhaps $10bn-worth of
World Economy Faces Triple Risk of Tariffs, AI Bubble and Soaring Debt – Bloomberg
The world economy has so far withstood the biggest barrage of US tariffs since the 1930s as American consumers continued to spend, companies absorbed higher
Governments are spending billions on their own ‘sovereign’ AI technologies – is it a big waste of money? – The Guardian
In Singapore, a government-funded artificial intelligence model can converse in 11 languages, from Bahasa Indonesia to Lao. In Malaysia, ILMUchat, built by a local construction
Good Policies (and Good Luck) Helped Emerging Economies Better Resist Shocks
Stronger fiscal and monetary policy frameworks and more developed local currency debt markets have supported emerging market resilience. Emerging market economies have held up remarkably