The number of US billionaires rose 13 percent from April 2025 to 2026, reaching 3,302 individuals, with over 1,000 based in the US, according to the Financial Times, and the AI boom is fueling their s…
CME Group is launching AI compute futures, allowing computing power to be traded like a commodity, a move that raises questions about Wall Street's enthusiasm for AI. The announcement was discussed by…
Moody's Analytics predicts that even if artificial intelligence proves to be a transformative economic force, stock market gains will likely remain muted, with the S&P 500 expected to return only 5% a…
Moody's chief economist Mark Zandi warns that the U.S. economy is increasingly dependent on the spending of the richest 20% of households, who now account for 60% of personal outlays, driven by stock …