AI Capital Spending Set to Deliver Record GDP Boost in 2026, Bloomberg Reports
Bloomberg reports that artificial intelligence investment is delivering the largest capital-expenditure-driven boost to GDP in history. Spending by Alphabet, Meta,…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Romania scrambles F-16 fighter jets to destroy drone near Black Sea gas project
Romania destroyed a Russian-origin marine drone near the Neptun Deep gas project in the Black Sea on Thursday, scrambling F-16…
US national debt tops $40 trillion, raising fresh alarm over rising interest costs
US national debt passed $40tn (£29.4tn) this week, a milestone economists call a warning sign rather than a crisis point….
US Aircraft Carriers Leave Pacific for Middle East as Iran War Passes Six-Month Mark
The US Navy has pulled its aircraft carriers out of the Asia-Pacific to reinforce the Middle East, leaving the region…
Fed Chair Kevin Warsh Pledges Price Stability as Treasury Doubles Debt Buybacks
The U.S. Treasury doubled its long-term debt buybacks to $4 billion per operation after yields hit near two-decade highs, while…
