AI and the Fed: The Bank’s Wait-and-See Approach Can’t Last
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs…
Global AI Bubble Burst May Aid Flows Into Indian Stock Market
Before the trading day starts we bring you a digest of the key news and events that are…
Fed’s Cook Says Labor Market Concerns Outweigh Inflation Risk
Federal Reserve Governor Lisa Cook said she sees the risk of further labor-market weakness as greater than the…
Why the US Layoff Wave Is an Early Warning Sign for Job Market – Bloomberg.com
Why the US Layoff Wave Is an Early Warning Sign for Job Market Bloomberg.comWhy Companies Are No Longer Hanging…
A Wave of US Layoffs Flash Early Warning Sign for Job Market – Bloomberg
A Wave of US Layoffs Flash Early Warning Sign for Job Market BloombergWhy Companies Are No Longer Hanging On…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Trump Returned to DC With Government Still Shut and No Deal in Sight
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday, White…
Dollar Rallies to Highest Since August on Fed Hawkishness
The dollar climbed to the highest level in three months, propelled by a weakening yen and the Federal…
Gold Rises as Traders Weigh Trump Comments on China Trade Deal
Gold jumped after a run of losses as traders digested comments from President Donald Trump following his closely…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…