Economy
Here’s how much the AI boom is contributing to inflation, according to Goldman Sachs calculations
Goldman Sachs estimates that artificial intelligence's contribution to inflation amounts to approximately 45 basis points, or 0.45%. The bank's economists believe the AI impact...
Economy
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Mortgage rates reached their highest level in nearly three years last week, causing overall mortgage demand to fall. Adjustable-rate mortgages now account for 10.5%...
Economy
BlackRock now has assets equal to half the size of the U.S. economy after 15% growth
Asset management giant BlackRock reported that assets under management reached nearly $15.5 trillion after 15% growth. The company recorded $205 billion in net inflows...
Economy
U.S. Treasury yields inch lower as investors await key inflation report
U.S. Treasury yields fell slightly on Wednesday, with the 10-year yield declining to 5.195% as investors awaited the September consumer price index report. Economists...
Economy
Singapore third-quarter GDP growth softens from four-year high but beats estimates
Singapore's economic growth slowed in the third quarter of 2026, with GDP rising 5.4% after hitting a four-year high in the previous quarter. This...
Economy
How you can prepare for 6% bond yields
U.S. Treasury yields have surpassed 5% in recent weeks, and some analysts now view 6% as the next possible stop. JPMorgan Chase CEO Jamie...
Economy
Williams says Fed may not have to hike rates in 2027, at odds with traders
New York Federal Reserve President John Williams said Tuesday he does not see additional rate hikes in 2027 after one more increase this year....
Economy
The latest inflation data is expected to show price increases are accelerating
Economists polled by Dow Jones expect the consumer price index to have risen 0.6% in September and 3.6% year-over-year, signaling an acceleration of inflation...