Economist Mohamed El-Erian says AI’s ‘rational bubble’ could still end in tears
Artificial intelligence may be the hottest trade on Wall Street — but that doesn’t mean it won’t end…
Why El-Erian Thinks The US Economy May Have ‘Cockroaches’, Not ‘Termites’
In an interview with Yahoo Finance, the economist cautioned that excessive risk-taking by investors is behind recent credit…
UK growth in third quarter slows after big fall in car production
Michael Sheils McNameeBusiness reporter Reuters Growth in the UK economy slowed to 0.1% in the July-to-September period, official…
Germany news: Economic experts call for change of course – DW
Germany news: Economic experts call for change of course DWGermany risks ‘squandering’ growth from debt bazooka, warn top advisers Financial…
Minister justifies Portugal low wages
“This is a structural factor of the Portuguese economy. The Portuguese economy, unfortunately, has always been a less…
Vehicle repossessions surging at pace on par with Great Recession
Repossessions of cars are surging in a way that’s hard to ignore. More than 2.2 million vehicles have…
China’s Singles’ Day stumbles as frugal shoppers shrink the world’s biggest sale
JD.com and Alibaba are operating in Suqian City, Jiangsu Province, China, on Dec. 29, 2023. Costfoto | Nurphoto…
Affordability for Americans caught in political crosshairs
A 50-year mortgage to lower monthly payments. Investigating meat-packing companies over beef prices. Brow-beating pharmaceutical companies into slashing…
Labor Economy Workers Remain Resilient Despite Higher Costs
PYMNTS Intelligence has documented that the Labor Economy remains central to U.S. growth, acting as a contributor to GDP,…
White House ‘Very Hopeful’ That US Shutdown Will End Tonight – October Jobs, CPI Data May Never Be Released
U.S. Press Secretary Karoline Leavitt said the shutdown could reduce U.S. economic growth in the fourth quarter by…
A 50-year mortgage would lower monthly payments, but balloon the total cost. Here's how – WTAE
A 50-year mortgage would lower monthly payments, but balloon the total cost. Here’s how WTAEAffordability is in crisis. The…
White House says September BLS data will be released after the government reopening
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for…