CNBC Economy Full text
Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals
The Wire
The financial desks we read, gathered in one place. Stories we are licensed to carry are reproduced in full with the writer credited; everything else is a headline and a short quotation that links straight to the publisher.
Economy — 3,802 stories
CNA Economy Full text
Samsung in talks to buy data center cooling firm Modine, Bloomberg News reports
Samsung is in talks to acquire Modine Manufacturing, a US-listed maker of cooling systems for data centres, Bloomberg News reported on Thursday (Nov 12), citing people familiar with the matter. The companies are discussing a potential deal…
The Guardian Economy Full text
UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m
Britain’s national wealth fund invests £113m in UForce, whose equipment has been used heavily in war with Russia
Euronews Economy
Central Asia's first wind farm with large-scale batteries nears completion in Uzbekistan
Twenty-five of the 26 turbines are already supplying the national grid, while the storage system undergoes safety checks. The €232m investment includes international financing and a 25-year electricity purchase…
BBC News Economy Full text
Sales of tinned food and bottled water jump after 'Be Ready' campaign launch
Sales of essential goods such as hand sanitiser soar after the government called on households to be prepared for emergencies.
NBER Economy Full text
The Hidden Sharpe Ratio -- by Mikhail Chernov, Bryan T. Kelly, Semyon Malamud, Johannes Schwab
We estimate the maximal Sharpe ratio in large cross-sections of assets directly, without constructing the efficient portfolio. Covariance estimation in this setting requires regularization, which suppresses the…
PBS News Economy Full text
U.S. economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment
Consumer spending rose at a good clip in the third quarter, and business investment was up sharply, reflecting the AI boom.
Federal Reserve Board Economy Full text
FEDS Note: Beyond Aggregates: Measuring Manufacturing Subsector Heterogeneity with the Business Trends and Outlook Survey
Atreya Bhamidi, Nicole Hoffmann, and Fariha Kamal Real-time monitoring of U.S. manufacturing activity typically relies on high-frequency national aggregates that lack industry detail. In this Note, we assess the…
CNBC Economy Full text
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
CNA Economy Full text
Nscale expects 14-fold revenue surge in amended IPO filing
Nov 12 : Nscale, a British cloud provider backed by chip giant Nvidia, amended its initial public offering filing on Thursday and said it expects revenue to jump 1,344 per cent in the first nine months of the year. Here are more details: •…
The Guardian Economy
Argentina threatens UK oil firm CEO with jail over Falklands drilling
Exclusive: Legal notice comes as Buenos Aires ramps up rhetoric over UK territory and seeks to halt Sea Lion project The Argentinian government threatened a British businessman involved in an offshore Falkland Islands…
Euronews Economy
Stocks rally as investors snap up tech shares at lower prices
Stocks rallied on Tuesday, extending a technology-led surge on Wall Street, as investors took advantage of lower prices following last week's rout. Falling oil prices added to the upbeat mood.
BBC News Economy
Kim Kardashian's Skims offers refunds for $148 advent calendar after backlash
The contents of the calendar, including hair clips and keychains, have been widely criticised on social media.
NBER Economy Full text
TaskNet: Building Occupational Task Inventories from Worker Interviews at Scale -- by Jennifer Wang, Andreas Haupt, Isaac Robinson, Phil Lewis, Erik Brynjolfsson, Diyi Yang
Understanding how AI is reshaping work requires an accurate account of the tasks workers perform. Workers are often the first to see how their jobs are changing, as new responsibilities and tools often appear in…
PBS News Economy Full text
5 things to watch for in this week's Federal Reserve meeting
The Fed’s Oct. 27-28 meeting will be the fourth of Chairman Kevin Warsh’s tenure, which has been marked by questions regarding his independence from President Donald Trump, who appointed him earlier this year.
Federal Reserve Board Economy Full text
FEDS Note: AI on the Factory Floor: Evidence from Manufacturing Job Postings
Maria D. Tito Artificial intelligence (AI) technologies have the potential to transform production processes and labor markets, yet their ultimate effects on employment, occupations, and skill demand remain uncertain…
CNBC Economy Full text
'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war
"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.
CNA Economy Full text
China's access to Nvidia chips in doubt as curbs gain traction in US Congress
WASHINGTON: United States House Speaker Mike Johnson said on Thursday (Nov 12) there was growing consensus in Congress on limiting chip exports to China after a spy scandal forced out Nvidia CEO Jensen Huang.Huang step
The Guardian Economy
Nvidia turmoil continues as Jensen Huang resigns over affairs scandal and company appoints interim CEO – as it happened
This live blog is now closed. Analysis: Jensen Huang built an AI kingdom. What now? Full report: Jensen Huang resigns as Nvidia CEO Too big – and too well-connected – to sack? Huang does not enjoy the supercharged…
Euronews Economy
Oil prices continue to fall on hopes of US-Iran peace deal talks
Oil prices extend their losses as investors remain hopeful that diplomatic talks between the US and Iran will lead to an end to the Middle East conflict.
BBC News Economy
Faisal Islam: What the boss of US tech giant Nvidia told me about China and national security
Huang, who is now being investigated over an affair with an alleged Chinese spy, is far more important to the future of the world order than other tech bosses.
NBER Economy Full text
Debiasing Law Enforcement Officers: Evidence from an Expressive Arts Intervention in India -- by Sofia Amaral, Girija Borker, Nishith Prakash, María Micaela Sviatschi
Frontline state agents exercise substantial discretion over citizens’ access to public services, yet little is known about whether the attitudes and beliefs shaping this discretion can be changed among incumbent…
PBS News Economy Full text
Anthropic files for potentially the biggest IPO ever as CEO warns of AI's existential risk to humanity
The filing comes weeks after CEO Dario Amodei argued in an essay for slowing the development of the most advanced AI models.
Federal Reserve Board Economy Full text
FEDS Note: When the Chips Went Down: Motor Vehicle Production and the 2021-2022 Semiconductor Shortages
Adrian Hamins-Puertolas and Maria D. Tito The motor vehicle industry suffered severe production disruptions during 2021 and 2022, as semiconductor shortages—triggered by pandemic-era plant closures and shifting demand…
Stories marked Full text are reproduced here under the terms their publisher allows, with the writer credited and the original linked. Everything else is a headline and a short quotation that links straight to the publisher. How we quote · Our sources