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The AI debate, which economists have been having for years in various contexts, has come for the profession itself. Jason Furman, chair of the Council of Economic Advisers under President Barack Obama and now a professor at Harvard…
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Penlink’s Webloc is sold to police in the US, UK and worldwide. It uses technology found in weather, gaming, email and religious apps to locate people using their cellphones.
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The Bank of England warned inflation is on track to hit almost 5% next year as policymakers voted unanimously to raise interest rates and signalled another hike is on the cards.
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Shipping line’s CEO says lagging investment in land-based infrastructure is an impediment to trade
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Private jet operator Wheels Up Experience Inc. will buy six new Embraer SA Phenom 300E light jets as the operator of charter flights deepens its partnership with biggest shareholder Delta Air Lines Inc.
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Manish Kabra, head of US equity strategy at Societe Generale, says investors can lean into history as he offers perspective on market performance following midterm elections. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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Krispy Kreme Inc. raised its revenue outlook for the year, showing that efforts to turn around the donut chain by refranchising and cutting costs are working.
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At the president's urging, Republicans gerrymandered new maps based on Trump’s 2024 performance, wrongly assuming the midterm electorate would match his presidential coalition. Despite their failure, this may be just the beginning of the…
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Tuesday’s political earthquake upended the balance of power not only in Washington, but also in state capitols. Democrats now control both the governor’s offices and the state legislatures of Pennsylvania, Wisconsin, Arizona, Michigan…
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Judges hearing an appeal of Donald Trump’s criminal conviction for concealing a hush-money payment to a porn star focused on whether prosecutors properly applied campaign-finance law to his conduct.
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The tech industry has long been obsessed with the idea of creating a powerful digital assistant — whether it be a chatbot, a smart speaker or robot. Artificial intelligence offers the promise of realizing that goal.
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Not all AI companies fared well, but hyperscalers did.
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China is planning to issue yuan-dominated sovereign bonds in Canada for the first time as the two nations strengthen bilateral ties following years of diplomatic strain.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews…
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Wall Street trading desks are betting that the path of least resistance for stocks is up.
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South African stocks jumped the most in almost seven months, carried higher by a surge in precious metals producers as the price of gold soared.
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Celsius Holdings saw sales fall at its namesake brand for a second straight quarter, as the energy drink maker fends off competition from store-brand alternatives at Costco Wholesale Corp., a key retail partner.
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Carlyle Group Inc. posted third-quarter earnings that topped Wall Street estimates as profits from asset sales helped offset a decline in fee-related earnings.
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The Federal Reserve held short-term interest rates steady last week. If it does so again at its next meeting in December, it’ll need a better explanation.
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When it comes to energy, the blue wave in these midterms is perhaps better characterized as a crimson tide than a green upswell.
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Chile investors are rapidly bringing forward bets on the country’s first interest rate hike since 2022 after the central bank highlighted risks from a surge in inflation pressures.
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Cigna Group boosted its outlook for the year and reported third-quarter profits just above Wall Street’s estimates, the latest positive result from a large health insurer.
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Prime Minister Mark Carney has used much of Canada’s fiscal room to begin restructuring the economy in the face of a trade war. Now the question is how much leeway he has left.
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Donald Trump’s sweeping rebuke by voters on Tuesday could lift a shadow from Federal Reserve Chair Kevin Warsh, allowing him to focus — with less political distraction — on bringing inflation to heel.
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