The economics of self-driving taxis – The Economist
Autonomous taxis are taking over San Francisco. Although Waymo, the world’s most famous robotaxi company, only launched there in 2023, it may now have more
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Subdued US Job Growth Expected in Advance of Fed Meeting – Bloomberg
US job growth probably lumbered along in September as the unemployment rate held at an almost four-year high, extending a sluggish period for the labor
AI Needs a Market for Compute, Just Like Oil – Bloomberg
This weekend we’re looking at compute as a tradable commodity. Plus, Tether’s big capital raise, the private equity doom loop and more. Paul Milgrom is
Private equity’s rush to raise money prompts fears of European sector shake-out – The Financial Times
Big private equity groups want to raise three times as much cash in Europe next year as they are likely to secure in 2025, setting
Canada Economy Stalls in August After First Growth in Four Months – WSJ
Canada’s economy is on track to eke out tepid growth for the latest quarter, avoiding a second consecutive contraction.Gross domestic product grew a modest 0.2%
Gen Z faces harsh financial reality as credit scores plunge to dangerous record lows across America – Fox Business
Gen Z is facing a financial reality check, as credit repair experts warn that pandemic spending, student loan delinquencies and poor money habits have left
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus – WSJ
Investors will hone in on U.S. jobs data, where any signs of weakness could reignite prospects of a series of interest-rate cuts in the months
Seemingly Conscious AI Is Coming
Debates about whether AI truly can be conscious are a distraction. What matters in the near term is the perception that they are – and
PODCAST: Buyout burnout: how much trouble is private equity really in?
All is not well in private-equity land. Funds are struggling to flip businesses profitably. Deal volumes have slumped. And new capital has become harder to raise.
5 Things You Shouldn’t Do During a Recession
In a sluggish economy or an outright recession, it’s best to watch your spending and not take undue risks that could put your financial well-being