Indeed, by one measure, AI spending contributed roughly 1.1 percentage points of the 1.6% annualized increase in U.S. gross ...
Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...
As a result, Barclays projects that the GDP contribution from AI-sensitive investments will peak this year at 1.0 percentage point, decline to 0.55 percentage point in 2026, and fall further to 0.2 ...
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
In the run-up to what is expected to be a big-spending federal budget, a growing number of economists are predicting that the ...
Health care spending in the US reached $4.9 trillion and increased 7.5 percent in 2023, growing from a rate of 4.6 percent in 2022. In 2023, the insured share of the population reached 92.5 percent, ...
The US national debt has hit a record $37.8 trillion. It keeps rising fast. The government is borrowing $25 billion every day ...
In June, the Prime Minister announced Canada will spend as much as $150-billion annually on defence within a decade ...
A new report from the Consumer Bankers Association highlights the extent to which credit cards can propel the U.S. economy.
The general government budget deficit increased by 6.5% y/y to RON 102.5 billion (EUR 20.2 billion) in January-September, ...
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