American rock band The Flaming Lips have come up with a creative way to put on live shows in the midst of the COVID-19 ...
Forget about the froth in tech valuations. The real excess might be building up in energy stocks. For all the fears about stretched technology shares, many of those companies are hugely profitable ...
The hundreds of billions of dollars being spent on AI seem to have inflated a global financial bubble that’s now fit to burst, leaving companies and investors at risk of holding vast debt that cannot ...
A record share of global fund managers said artificial intelligence stocks are in a bubble following a torrid rally this year, according to a survey by Bank of America Corp. About 54% of participants ...
Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Mr. Cummings served the council as an economist from 2021 to 2023. You may remember the recession ...
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We could have a really large negative wealth effect if the AI bubble pops, says Jared Bernstein
Jared Bernstein, Stanford Institute for Economic Policy Research policy fellow and former Biden CEA chairman, joins 'Squawk Box' to discuss whether we are in an AI bubble, the comparison to the dotcom ...
Large technology companies are spending furiously on artificial-intelligence infrastructure — despite the associated revenue not being there yet. That sort of backdrop has some on Wall Street ...
Those are the words of financial reporter and author Andrew Ross Sorkin, who offered a warning to investors during an interview aired Sunday on CBS’s “60 Minutes.” Sorkin has a new book out, “1929,” ...
'This is either a gold rush or a sugar rush, and we probably won't know for a couple of years which one it is,' financial journalist tells '60 Minutes' Andrew Ross Sorkin speaks during the New York ...
British police have arrested two men on suspicion of murder after the former Lostprophets singer Ian Watkins was stabbed to death at a prison in northern England, where he was serving a 29-year ...
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