How the U.S. government is regulating AI
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna,…
India’s market cap can ‘easily’ jump ten-fold in the next two decades, economist says
After overtaking Hong Kong’s stock market in December, India currently has the fourth largest in the world, and is now valued at over $4 trillion. Javier Ghersi | Moment |…
India stares at high youth unemployment as hiring in its IT sector slows
Employees work at the headquarters of security system developer Staqu Technologies in Gurugram, India. Bloomberg | Bloomberg | Getty Images India is facing a youth unemployment problem as a decline…
Time running out for rate cuts, Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely…
Germany’s economy is on shaky ground and there are few signs of hope
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate…
Goldman Sachs analyst says the world is moving into a new super cycle
A screen displays the Dow Jones Industrial Average after the closing bell on the floor at the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters The…
Economy, Gaza war and China ties dominate
Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission…
India, not China, will lead APAC growth in next 3 years: S&P Global
India’s GDP growth is expected to reach 6.4% in 2024, and will hit 7% in 2026, according to S&P Global. Kriangkrai Thitimakorn | Moment | Getty Images As China’s economy…
India economy in a ‘sweet spot,’ but private consumption may slow: DBS
Food inflation accounts for almost half of India’s total consumer price basket. Future Publishing | Future Publishing | Getty Images India’s economy is in a “sweet spot,” but growth in…
German housebuilding is collapsing — and could drag the economy down
A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building…