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Credit fuels the AI boom — and fears of a bubble
“Private credit funding of artificial intelligence is running at around $50 billion a quarter, at the low end, for the past three quarters.”
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Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears
Wall Street’s faith in the staying power of AI as an investment thesis will be put to the test when Nvidia reports quarterly earnings on Wednesday.
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GOP lawmakers push for tariffs tailored to help home-state firms
Sen. Bernie Moreno pressed Commerce Secretary Howard Lutnick to expand steel tariffs to include steel-based products like washing machines and refrigerators.
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Gen Zer who built multimillion-dollar companies says work-life balance is a trap and lists 5 ways to ‘optimize ruthlessly’ during your peak years
“When you front-load success early, you buy the luxury of choice for the rest of your life.”
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Meta is sinking $10 billion into rural Louisiana to build the home of its wildest AI aspirations, setting the template for the nation’s grid buildout
The massive data center buildout is underway, requiring massive amounts of new power and, increasingly, more fossil fuels and gas plants.
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Brace for the Fed’s Maga makeover
Jay Powell’s Jackson Hole speech is a prelude to much bigger changes coming at the central bank
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What a bunch of clunkers
Branding fiascos will never go away as long as companies keep putting their customers last
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Private equity fundraising slides as sector’s downturn deepens
Firms are struggling to raise money even as they offer discounts to attract new investors
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UK sets out overhaul of asylum appeals process as protests continue
Home secretary Yvette Cooper under pressure to show she is addressing backlog