{"id":367856,"date":"2025-12-25T11:01:08","date_gmt":"2025-12-25T11:01:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/367856\/"},"modified":"2025-12-25T11:01:08","modified_gmt":"2025-12-25T11:01:08","slug":"elon-musk-predicts-economic-growth-driven-by-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/367856\/","title":{"rendered":"Elon Musk Predicts Economic Growth Driven By AI"},"content":{"rendered":"<p>According to the Bureau of Economic Analysis, the U.S. economy grew 4.3% year-on-year in Q3, beating analyst expectations of 3.2%. This robust performance lifted investor sentiment ahead of Christmas, pushing the S&amp;P 500 Index to an intraday record high of 6,937.32 points, signaling optimism about the economic outlook.<\/p>\n<p>Reports say that Federal Reserve officials cite AI data center spending, alongside consumer demand and fiscal support, as factors underpinning their projections for stronger growth in 2026. <\/p>\n<p>Business investment rose at a 2.8% annual rate in Q3, driven partly by spending on computer equipment and data centers to support AI workloads. Policymakers are signaling a gradual series of interest-rate cuts in 2026, anticipating robust growth and inflation remaining above target.<\/p>\n","protected":false},"excerpt":{"rendered":"According to the Bureau of Economic Analysis, the U.S. economy grew 4.3% year-on-year in Q3, beating analyst expectations&hellip;\n","protected":false},"author":2,"featured_media":367857,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,250],"class_list":{"0":"post-367856","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-economy","12":"tag-elon-musk"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/367856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=367856"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/367856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/367857"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=367856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=367856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=367856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}