BusinessfromFuturism1 week agoThe AI Bubble Bursting Would Actually Be Incredible for the Economy, Economist SaysAI-driven gains concentrated in a handful of tech firms inflate markets while broader economic indicators show worsening conditions and rising household distress.
BusinessfromFortune3 weeks agoWall Street is locked in for a Fed rate cut next week: The only question is how far and how fast Powell will goMarkets expect the Federal Reserve to cut interest rates by 0.25% next week, with a minority speculating a 0.5% "jumbo" cut after weak labor data.