Age of AI AI is a big deal for businesses. In 2023, nearly all (95%) board members of public companies agreed that AI would impact their business, according to a survey by the National Association of Corporate Directors. But as companies are keen to bring AI into their operations, executives are debating whether the risks…Read more
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Revisiting and Revising Look, central bankers are people, too – and everyone deserves a vacation. This week, officials from the Federal Reserve and global central banks will meet in Jackson Hole, WY, for the Kansas City Fed’s annual economic symposium from August 22 to 24. Of course, economists have a different idea from you and…Read more
In July, the annual rate of inflation rose by just 2.9%, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). That’s a big win for the U.S. economy, marking the first time that the rate has dipped below 3% since 2021. In the wake of the pandemic, inflation surged, peaking at more than…Read more