Nov 21, 2024
With this year's stock market gains so concentrated among the Big Tech companies with huge bets on Artificial Intelligence, markets were extraordinarily volatile before and after the election.
Nov 15, 2024
Generative AI tools now invading the workplace can boost productivity by gathering and organizing information, drafting documents and presentations and generally performing lots of time-consuming jobs - for example, running the traps to estimate autobody repairs after an...
Nov 7, 2024
The day after the Federal Reserve lowered the target federal funds rate a half point in September, major stock indexes soared to record highs.
Oct 30, 2024
The Federal Reserve should remain cautious about inflation. In September, the annual change in the Consumer Price Index fell to 2.4%, but core inflation, which strips out food and energy, remained high at 3.3%.
Oct 16, 2024
Whether voters choose former President Donald Trump or Vice President Kamala Harris, the economy will change in radical ways, but stocks will thrive. Bain & Co. estimates that spending on Artificial Intelligence equipment and services will jump to $1 trillion by 2027.
Oct 9, 2024
Federal Reserve Chairman Jerome Powell is betting that inflation is near dead and that's good for equity investors.At the beginning of an easing cycle, a 50 basis point cut in the federal funds rate usually is reserved for crises.
Oct 2, 2024
U.S. President Joe Biden's Chips and Science Act strategy to revitalize U.S. semiconductor manufacturing recently took a gut punch. Intel, the program's largest recipient, reported its foundry arm is hemorrhaging cash.
Sep 25, 2024
President Joe Biden was correct to focus Americans on China as the pacing challenge to national security and prosperity. But responding implies adjusting a wide array of policies with each affecting many of the others' objectives.