What We Do in the Shadows: Will Private Credit Take Down the Economy? – The Bloomberg
What is worth $1.8 trillion dollars, is deeply intertwined with the software business, small banks, and cockroaches, is veiled in mystery, and could take down...
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OpenAI thought it could own AI videos. The reality was too expensive – CNN
OpenAI said Tuesday that it would wind down Sora, the TikTok-like text-to-video app that, to OpenAI’s credit, did make some super real-looking stuff. Its release...
The biggest winners and losers of the tariff war as AI-related trade skyrockets – Euro News
A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year’s trade war. Its verdict confounds...
Amazon’s unprecedented gamble on AI redemption might just work – The Economist
Amazonians like to think of their company as frugal—at least compared with many of their tech rivals. Forget the chocolatey treats and massages available to...
Gilt yields surge to highest level since 2008 – The Financial Times
A rout in the gilt market deepened on Monday as traders bet the Bank of England would have to raise interest rates four times this...
Euro-Zone Wage Growth to Quicken in Second Half of Next Year – Bloomberg
Euro-area pay growth is set to accelerate in the second half, adding to the challenges the European Central Bank faces as war rages in the...
OpenAI to double workforce as business push intensifies – The Financial Times
OpenAI plans to almost double its headcount by the end of the year as it accelerates a push to sell to businesses and gain ground...
The Real Economics of AI and Jobs – Time
AI is fundamentally transforming the global job market, driving profound changes in skill requirements, entire professions, and wage structure across both advanced and emerging economies....
Fed Expected to Hold Rates, Weigh Oil Shock – Bloomberg
Investors will be looking to Federal Reserve Chair Jerome Powell this week for insight on how the US central bank is weighing a range of...
Why investors won’t know what to make of AI for a while – The Economist
Stockmarkets are, in a literal sense, fortune-tellers: their job is to foresee which businesses will make money in the future and which won’t. When things...