Gregory Daco

Workers' share of U.S. income fell to a record low of 52.8% in the second quarter, while corporate profit margins hit a record 14.9% of GDP, according to EY-Parthenon chief economist Gregory Daco, who…

Federal Reserve Chairman Kevin Warsh, in his Aug. 28 Jackson Hole speech, highlighted AI token prices as a potential indicator of whether AI is delivering productivity gains, suggesting that pricing p…