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%
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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
Food costs jump by a third for Eurozone households since 2019, says ECB – The Financial Times
Households across the Eurozone are spending about a third more on food than before the Covid-19 pandemic — a sharper rise than for other items
AI investors are in for a rude awakening – The Guardian
By the end of this year, the tech industry will have invested about $717bn over three years into large language model (LLM) AI and the infrastructure needed
The hidden environmental cost of generative AI and its toll on climate – USA Today
From job displacement and plagiarism to questions about accuracy and privacy risks, generative artificial intelligence — or genAI — is fraught the kinds of issues
US debt investors raise alarm over lending standards – The Financial Times
US debt investors have raised the alarm over lax lending standards in credit markets after the unravelling of two companies that just weeks ago were