Oil prices tumbled on Monday on hopes that US-Iran peace talks could soon take place, which pushed bond yields around the world lower. Stock markets in Asia and Europe mostly benefited as a result, but the momentum evaporated in US hours, as investors turned their attention to Tuesday’s midterm elections. Today we, I look at the impact an AI-driven stock market rout could have on economic growth. It would vary from country to country, of course, but negative wealth effects and lower AI...
The American housing market deteriorated sharply in September as rising mortgage rates drove pending home sales to a record low and sent home construction tumbling…
Big AI stocks were mixed on Friday, a day after the biggest decline in the Nasdaq Composite Index in four months, giving investors a welcome respite as they look forward…
A University of Arizona cancer researcher has died at the age of 47 from the disease she was trying to cure.
Discussion (0)
No comments yet. Start the conversation!