How we tested AI search tools – The Washington Post
In the article, a team of librarians assessed nine AI-powered search tools—including Bing Copilot, various versions of ChatGPT (GPT-4 and GPT-5), Claude Sonnet 4, Grok
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Global Current Account Balances Widen, Reversing Narrowing Trend
Growing imbalances in largest economies underscore need for concerted adjustment in domestic macroeconomic policies. Global current account balances widened by a sizable 0.6 percentage points
Charting the Global Economy: US Consumers Remain Resilient – Bloomberg
US consumer spending rose in July by the most in four months as stronger income growth bolstered demand in the face of high prices.While Americans
Fed’s Daly Signals Openness to Interest-Rate Cut in September – Bloomberg
Federal Reserve Bank of San Francisco President Mary Daly suggested policymakers will be ready to lower interest rates soon, adding that inflation stemming from tariffs
The A.I. Spending Frenzy Is Propping Up the Real Economy, Too – The New York Times
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Global Markets Mixed as Focus Shifts to Inflation Data – WSJ
U.S. stock futures eased a touch Friday after key indexes closed at fresh record highs Thursday, buoyed by strong economic growth and a robust earnings
Canada Economy Contracts in Second Quarter as Tariffs Sink Exports – WSJ
Canada’s economy was hit hard by the ramp up in tariffs in the latest quarter, when a slump in exports and drop in business investment
How a power shortage could short-circuit Nvidia’s rise – The Economist
On august 27thNvidia performed what has become a quarterly ritual beating of expectations. Analysts forecast that the chipmaker would sell $46bn-worth of semiconductors in the
Economic Profit
Economic profit (or loss) refers to the difference between the total revenues, less costs, and the opportunity cost associated with the revenue generated. Opportunity cost
Confidence in UK services sector falls amid rising costs and weak demand – The Guardian
Business confidence plunged this month across the UK’s services sector as mounting cost pressures and weak demand hit profits and undermined the outlook for the