eco
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Wolf Street
-
5
hours ago
Homeowners Are Clinging to their Below-4% Mortgages for Dear Life as Mortgage Rates Went over 7%
The housing market, wrecked by ultralow mortgage rates, will stay wrecked for longer.
eco
-
Wolf Street
-
13
hours ago
AI Data Center Construction Goes Nuts, Power Plants Take Off, but Spending on Factories Is still Twice as Big as Data Centers
Construction companies are now facing the second wave of inflation.
Eco
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The Economist
-
1
day ago
Governments want to hold America’s shares more than its debts
When countries switch towards riskier assets, the global economy feels the consequences
Eco
-
The Economist
-
1
day ago
Research on grasping bureaucrats startles Singapore
It is more revealing about its academic culture than its civil service
Eco
-
The Economist
-
1
day ago
Financial astrology is a serious business in India
That is bad news for investors’ returns
eco
-
Wolf Street
-
1
day ago
The US Economy “Is Running Hot,” Lots of Consumer Spending Growth, Lots of Inflation. The Bond Market Sees it Too
Spending on discretionary goods and services that people buy to have fun with was particularly motivated.
eco
-
Wolf Street
-
1
day ago
Not Even the Massive Changes of Methodology Can Get PCE Inflation Back into the Bottle
Those changes in methodology knocked the PCE price index down, but even the new-and-improved version remained far above the Fed’s target.
eco
-
Wolf Street
-
2
days ago
Turnover in the Labor Market Calms Down, after Chaotic Churn
Workers quit quitting and settled in, after the epic rematching of workers and employers.
Eco
-
The Economist
-
2
days ago
Investing for babies involves knotty trade-offs
Should new parents favour financial capital, human capital or something else?
Eco
-
The Economist
-
2
days ago
The AI boom meets a new kind of crypto scam
Payment cards linked to cryptocurrency accounts may enable Chinese purchases of American AI models
Eco
-
The Economist
-
2
days ago
How the AI boom could worsen the rich world’s fiscal crunch
Even with higher growth, taxes may be harder to find
eco
-
Wolf Street
-
3
days ago
Anthropic Lost $42 Billion on $4.6 Billion in Revenues in 2025: Leaked IPO Prospectus
It plans to spend $518 billion in the coming years on cloud, computing, and infrastructure obligations and now needs a lot of AI magic money.