Author: Admin

Anthropic’s economic team, including Anton Korinek and Chad Jones, have a valuable new paper, Economic Scenarios for Transformative AI. They make their assumptions explicit and provide a scenario explorer that lets you change them. How capable will AI become? How quickly will firms adopt it? Will it augment workers or automate their tasks? You can see what different answers imply for growth, wages, and unemployment. In their extreme scenario AI takes on a lot of tasks, GDP is 32.4% higher by 2030 than without AI and labor share declines from 60% to 45.2% but they make this striking point: “Total…

Pakistan central bank holds key rate at 11.5% as US-Iran war clouds economic outlook Arab News PK

“I’m concerned that my card issuers might freeze or flag the cards when they suddenly see an extraordinary number of transactions.”

    For the second time in as many years, RWM made the Barron’s Top 100 RIA List. What makes this year’s list especially interesting is both its focus on private equity’s entry into the advisor space — and our decision to avoid that approach. Follow our history from the original announcement of the firm’s launch, through today, and it’s obvious we were built differently from the start. Any finance shop that came about out of frustration with how Wall Street managed money was not going to take the usual path. We began with a fierce commitment to the Fiduciary…

JPMorgan’s new math says robot labor is nearing $10 an hour. Factories with chronic vacancies are already saying yes. Listen to the audio version of this article (generated by AI). Nvidia’s (NVDA) Jensen Huang believes that one day, manufacturing robotics will be a $50 trillion industry. But what are you supposed to do with a number like that? It’s a destination, not a signal – and destinations are hard to trade until you know the route.  JPMorgan (JPM) just gave investors a much smaller one that may matter far more right now: $10 an hour. That is roughly what the…

Listen to the audio version of this article (generated by AI). Tom Yeung here with your weekly Sunday Digest. In March 2025, I recommended three blue-chip companies to buy for the AI Revolution: Monolithic Power Systems Inc. (MPWR), a leader in power management chips for AI devices. Workday Inc. (WDAY), an AI-enhanced cloud-based HR platform. Xometry Inc. (XMTR), a marketplace for AI-powered manufacturing. The trio has since performed exceptionally well, which isn’t surprising given that we’re in the middle of the AI Revolution. Despite a pullback in Workday from a broader “SaaSpocalypse” panic, these three stocks have returned 105% on…

Key Takeaways USD investment-grade bond issuance has topped $1.5 trillion in 2026, with 20 jumbo deals worth $384 billion driving much of the pace. Technology companies have accounted for roughly 60% of jumbo issuance since 2025, concentrating credit exposure at longer average maturities of 14.2 years.The WisdomTree U.S. Corporate Bond Fund (QIG) maintains an underweight to Technology, […] The post AI’s Growing Debt Appetite: Why This Time May Be Different appeared first on ETF Trends.

(RTTNews) – Spectral Medical Inc. (EDT.TO), a late-stage theranostic company, on Friday announced updates regarding its 100-day meeting with the U.S. Food and Drug Administration (FDA) for Toraymyxin in treating sepsis. Sepsis is a life-threatening illness defined by the entry of bacteria into the blood. Treated with a heavy dose of broad-spectrum antibiotics, treatments often focus on the removal of endotoxins generated by the organisms from the bloodstream. Toraymyxin (PMX) was designed as a therapeutic hemoperfusion device to remove endotoxins from the blood in cases of sepsis. The level of endotoxins are measured using the company’s Endotoxin Activity Assay (EAA),…

For active-duty service members who are constantly moving to new locations, buying a home may not be high on their radar. But that mindset can lead them to overlook one of the greatest benefits the Department of Veterans Affairs offers: the home loan. The VA loan program lets military service members and veterans buy homes at low interest rates and, in many cases, with no down payment. And while it might seem counterintuitive to buy a house somewhere you’ll only be for a few years, using the VA loan at each new duty station — or even every duty station…

Duluth Holdings: The 'Build To Last' Strategy Is Pushing Profits Higher, Buy