Ex-UBS Chairman Weber Warns AI Ushering In New Era of Inequality
Former UBS Group AG Chairman Axel Weber has warned the coming disruption from artificial intelligence could usher in…
IMF Warns Asia’s Growth Will Cool This Year, Next on Trade Risks
The Asia-Pacific remains the fastest-growing region in the world, though higher tariffs and rising protectionism are likely to…
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt…
What Is AGI? Why OpenAI, Anthropic Are Targeting Artificial General Intelligence
In the three years since ChatGPT’s release, tech companies in the US and China have invested hundreds of…
China Must Set ‘Aggressive’ Consumption Goal, Stephen Roach Says
Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output…
Fed’s Loss of ADP Labor Statistics Adds to Data Vacuum
The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers’…
Analysis: Just 28% of countries have released nature pledges a year after UN deadline
Just 28% of countries have met a UN call to submit new plans on addressing nature loss –…
US Tariff, Tax Risks Ease for Ireland, Goodbody Says
Risks to the Irish economy from US policy changes including tariffs have lowered since the beginning of 2025,…
US, Argentina Sign $20 Billion Swap Deal Before Midterm Vote – Bloomberg
US, Argentina Sign $20 Billion Swap Deal Before Midterm Vote BloombergTrump won’t ‘waste our time’ with Argentina if Milei…
Korea Says ‘Substantial Progress’ Made in US Tariff Talks
South Korea’s top policy chief said the country made “substantial progress” on most key issues in tariff talks…
Startups in Middle East Raised $1.2 Billion in Fundraising Record
Startups in the Middle East raised a record $1.2 billion last quarter, defying a collapse in broader emerging…
Social Security COLA increase still uncertain after shutdown. Here’s why
Social Security trust fund projected to run dry in less than 10 years The main trust fund used…