Economy News Ai, Immigration, And Rich People Will Save The Us Economy From A Recession, Wall Street Strategist Says

AI can't save the US economy from a major risk, Mark Zandi says

Moody’s chief economist Mark Zandi has issued a stark warning that even the advancements in artificial intelligence cannot shield the U.S. economy from one of its most significant risks. Zandi, a ... Read More

Even AI can't save the US economy from one of its biggest risks, Moody's Mark Zandi says

Moody's economist Mark Zandi warns that the trend of deglobalization will act as a headwind that could offset the boost provided by AI next year. Read More

How the U.S. Economy Became Hooked on AI Spending

Growth has been bolstered by data-center investment and stock-market wealth. A reversal could raise the risk of recession. Read More

Markets and US economy increasingly dependent on AI boom

A record revenue rise by chipmaker Nvidia has not quelled the growing fears that the AI boom is a bubble which may soon burst. Read More

AI is keeping the US economy out of a recession

The US economy has defied calls for a slowdown for two years — dodging a recession despite various tariff shocks, higher borrowing costs, and geopolitical turmoil. The reason why? Artificial ... Read More

Markets guru Liz Ann Sonders says the AI boom isn't dot-com bubble 2.0 — but disappointment could roil the economy

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Theron Mohamed Every time Theron publishes a story, you’ll get an alert straight to your inbox! Read More

Corporate profits are soaring even as layoffs mount. Economists call it a "jobless boom."

As U.S. corporate profits rise and the stock market hits new highs, investors are reaping the rewards. Yet beneath the surge, companies have cut nearly 1 million jobs this year — the most since 2020, ... Read More

Wall Street tumbles as tech selloff extends, rate cut hopes fade

Wall Street's main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an interest rate cut in ... Read More

Should you worry about an AI bubble? Investment pros weigh in.

Artificial intelligence has fired the stock market to record highs this year, with companies eager to tout their AI prowess and investor darlings like AI chipmaker Nvidia soaring on expectations of ... Read More

It’s Not Just Rich Countries. Tech’s Trillion-Dollar Bet on AI Is Everywhere.

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ... Read More

Even AI can't save the US economy from one of its biggest risks, Moody's Mark Zandi says

Mark Zandi says the US economy is caught between two competing megatrends that are reshaping the world. He sees AI and deglobalization as dueling forces that complicate the outlook for growth. In his ... Read More