JPMorgan raised its year-end S&P 500 target to 8,000 from 7,800, projecting a 3.1% gain from the index's recent close of 7,757.64, citing stronger corporate earnings and AI-driven revenue growth. The …
Federal Reserve Chair Kevin Warsh has appointed a data task force, including Harvard economics professor Raj Chetty, former Walmart CEO Doug McMillon, and University of Chicago economics professor eme…
The U.S. labor force participation rate fell to 61.4% in July, and workers' share of GDP slid to a record low in the second quarter, according to the Bureau of Labor Statistics, as AI-driven demand fo…
Federal Reserve chairman Kevin Warsh is attempting to rewire the central bank to use AI for real-time economic analysis while relying on traditional rate hikes to combat inflation, a dual approach tha…
Arthur Hayes, co-founder of Bitmex and chief investment officer at Maelstrom, warned in an Aug. 4 essay that bitcoin may fall to $50,000 before rising to $1 million, comparing the AI infrastructure bo…
The S&P 500 closed Friday up 0.6%, reaching record-high territory, as AI spending concerns receded and a weaker-than-expected jobs report recalibrated Fed rate bets. This week, investors will watch We…
AI-linked stocks across Asia cratered on Thursday, with South Korea's KOSPI plunging 4% and Japan's Nikkei falling 1.6%, as Wall Street's overnight losses rekindled fears that massive AI spending may …
Harga logam dasar naik pada Juli 2025, dengan tembaga melonjak 4,7 persen per pon, nikel naik 5,2 persen, aluminium dan seng masing-masing naik 2,5 persen, didorong permintaan kuat dari sektor AI, pel…
Federal Reserve Chairman Kevin Warsh declined to signal future rate cuts while holding the benchmark rate at 3.5%-3.75% for the fifth consecutive meeting, instead touting artificial intelligence as a …
Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that bringing inflation down to the Fed's 2% objective will require tighter policy, as price pressures have risen due to the I…
The S&P 500 and Dow Jones Industrial Average closed at record highs on Tuesday, Aug 4, powered by strong earnings from AI-related companies Caterpillar and Palantir, while crude prices and Treasury yi…
Federal Reserve staff estimated in a July 17 research note that spending on software, data centers, power facilities, computers and peripheral equipment added about 0.73 percentage point to the US eco…
Federal Reserve Bank of Philadelphia President Anna Paulson said she will keep an 'open mind' on interest rates, focusing on underlying inflation trends, and outlined two scenarios for how current pol…
US manufacturing activity hit a four-year high in July, with the Institute for Supply Management's manufacturing gauge jumping to 55.6, its fastest pace since May 2022, driven largely by massive AI in…
Wall Street shrugged off a global slump as S&P 500 futures rose 0.49% ahead of Palantir Technologies' Q2 earnings, while electric air taxis from Joby Aviation are set for pilot projects this summer. J…
Goldman Sachs projects that the current investment cycle, driven by artificial intelligence, will be the most capital-intensive in history, with hyperscaler capital expenditure potentially reaching $7…
ThirdLine, an open-source AI auditing system, achieved 100% recall and an F1 score of 0.909 on a deterministic evaluator when auditing synthetic banking agents, but precision fell to 38.5% and F1 to 0…
A June 2026 survey found about 70% of Americans support requiring AI companies to transfer half of their stock to a sovereign wealth fund, around the time Sen. Bernie Sanders introduced legislation to…
Microsoft Corp. shares surged 15.5% on Thursday, their best day in nearly 18 years, after the company reported stronger-than-expected quarterly profit and signaled its heavy AI spending is translating…
Kevin Hassett, director of the White House National Economic Council, said that productivity gains from artificial intelligence will help reduce inflation, potentially influencing Federal Reserve rate…