The AI boom is soaking up investor cash, staving off a recession, and showing signs of faltering, David Rosenberg says. AI is "sapping the momentum out of the rest of business capital spending," the ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. A professor who has spent years studying financial crises thinks the US economy is on the verge of ...
Let's take a look back at the last three market downturns: the Great Recession (2007-2009), the COVID-19 Recession (2020), and the Fed's aggressive rate hikes (2022-2023). The S&P 500 declined by 57% ...
FirstBank has announced the inaugural public lecture of the FirstBank Samuel Asabia Professorial Chair in Business Ethics and Governance scheduled to hold at the University of Lagos on September 3, ...
There has been no shortage of complaints about Chinese overcapacity in recent years. Beijing’s commitment to driving exports and widening its trade surplus, by any means necessary, has undermined the ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. US 30-year Treasury yields hit a 2007 high, sparking economic and asset price concerns, and ...
Despite a series of major negative shocks, some of them unprecedented, the US economy continues to grow in line with its estimated long-run potential. Yet given obvious and mounting risks, from ...