Big, beautiful budgets: not just an American problem – The Economist
Last year America ran a budget deficit of 7% of GDP. It may soon be even bigger. President Donald Trump’s One Big Beautiful Bill Act,
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Explainer: How the IMF Finances Itself and Why it Matters for the Global Economy
Countries can count their contributions to the IMF as their own reserve assets under a unique funding model that does not require budget appropriations or
Here’s a Tip to Companies: Beware of Promoting AI in Products – WSJ
It seems like it’s the latest marketing strategy: Push the idea that your product or service has artificial intelligence in it. But recent research suggests
Charting the Global Economy: Consumer Spending Weakens in US – Bloomberg
US consumers are growing tired, according to fresh data that showed cutbacks in spending on big-ticket goods and services, extending a first-quarter demand slowdown. Inflation-adjusted
Get ready to embark on a new era of financial repression – The Financial Times
The trade war unleashed by Donald Trump may be just the precursor for much larger turmoil in the global economy. Whatever tariffs look like when
World economy faces ‘pivotal moment’, central bank body BIS says – Reuters
Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, central bank umbrella body the Bank for International Settlements, said
AI valuations are verging on the unhinged – The Economist
Vibe coding, or the ability to spin up a piece of software using generative artificial intelligence (AI) rather than old-school programming skills, is all the
What is ChatGPT?
ChatGPT is an artificial intelligence (AI) chatbot that uses natural language processing to create humanlike conversational dialogue. The language model can respond to questions and
PODCAST: Millennials Brace for Their Third Recession
Millennials’ financial lives have been profoundly shaped by two economic events: the Great Recession of 2008 and the pandemic-era shutdowns. Now, the prospect of a
Central banks warned to stay on inflation alert – The Financial Times
Central bankers have sounded the alarm over the threat of fresh outbreaks of inflation, warning of the effect of deep “scars” on households from the