America’s tax on foreign investors could do more damage than tariffs – The Economist
America needs foreign investors, and foreign investors need America. Yet clauses buried in the Republican budget bill in Congress are a threat to this crucial
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Economists Raise Questions About Quality of U.S. Inflation Data – WSJ
Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct
We still don’t know how much energy AI consumes
With every query, image generation and chatbot conversation, the energy that is being consumed by artificial intelligence models is rising.
PODCAST: The microcap explosion
Microcaps of every sort have been rushing to list on US exchanges. Many are from China and represent shares in tiny companies, such as a
The people who think AI might become conscious
I step into the booth with some trepidation. I am about to be subjected to strobe lighting while music plays – as part of a
Global economy set for weakest growth since Covid, OECD warns – The Financial Times
The global economy is heading into its weakest growth spell since the Covid-19 slump as President Donald Trump’s trade war saps momentum in leading economies
Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target – CNBC
Euro zone inflation fell below the European Central Bank’s 2% target in May, hitting a cooler-than-expected 1.9% as the services print eased sharply, flash data
Global Markets Mostly Lower on Continued Trade Tensions; Eurozone CPI Data In Focus – WSJ
The dollar edged higher, recovering after falling to its lowest in six weeks against a basket of currencies Global markets were mostly lower and U.S.
No hire, no fire: The worst job market for grads in years – CNN
The Class of 2025 faces a daunting assignment: getting hired in today’s no-hire, no-fire jobs market.Overall, the US job market remains resilient. The national unemployment
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month – Bloomberg
Microsoft Corp. cut hundreds more jobs just weeks after its largest layoff in years, underscoring the tech industry’s efforts to trim costs even as it