Asia’s AI Boom Faces Reality Check as Foreigners Deepen Selling
Global investors are pulling money from Asia’s biggest AI markets at the sharpest pace in at least seven…
Car Loan Delinquencies Hit Record For Riskiest Borrowers – Bloomberg.com
Car Loan Delinquencies Hit Record For Riskiest Borrowers Bloomberg.comOn the frontline of America’s car repossession boom The TelegraphHow Americans Handled…
Fed’s Barr Calls for Guardrails as Financial Sector Adopts AI
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial…
Gold Edges Higher as Weak US Jobs Data Raise Rate-Cut Prospects
Gold wavered after three days of gains, with traders awaiting clues from a flood of economic data set…
Chinese gold stocks set to shine as UBS and Schroders see bullion extending gains
Zijin Mining Group and other Chinese gold producers may get another boost from a spurt in the price…
Treasury Futures Rally, Dollar Falls on Gloomy US Jobs Picture
Treasury futures jumped and the dollar slid after private-sector employment figures from ADP Research signaled a slowing US…
Emerging Assets Trade Mixed on Payroll Data, US Reopening Hope
Emerging-market currencies fell and stocks climbed amid limited liquidity on Tuesday as traders digested the latest private payroll…
Trump’s Fed Feud: Fears Over Fed Independence Benefit Gold
Uncertainty over the autonomy of the Federal Reserve under US President Trump echoes historical executive overreach, and is…
Current US K-Shaped Economy Threatens Stability
Never miss an episode. Follow The Big Take daily podcast today. The US economy appears remarkably resilient right…
Now That There’s Deal to End the Shutdown, Here’s What to Expect Next
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Monday, Bloomberg…
Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long
Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn…
The trouble with America’s shutdown economy
Imagine, for a moment, America without the Bureau of Labour Statistics (BLS). To some wonks, few scenarios are…