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For many US households, it may not feel like the economy is doing well amid the higher cost of living brought on by the US war on Iran. But believe it or not, the US economy is nearing an impressive
Anthropic’s leaked IPO prospectus once again reminded investors of the enormous cost of the AI build-out. The AI lab plans to spend $518 billion in the coming years on cloud, computing, and infrastructure costs, according to Reuters, after posting a
Federal Reserve governor Michael Barr said Wednesday that additional interest rate hikes are needed to bring down sticky inflation. “Further policy adjustments are likely to be needed to ensure inflation comes down to target in a timely fashion,” Barr said
