The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?
Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.
The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?
Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.
Introduction
Netflix-Warner deal would drive streaming market further down the road of ‘Big 3’ domination
Netflix's Hollywood studio offices at Sunset Bronson Studios in Los Angeles. Patrick T. Fallon / AFP via Getty ImagesWhen it comes to major U.S. industries, three tends to be the magic number.
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
Home borrowing costs, like other long-term rates, are not directly controlled by the Fed – but they still feel its influence. athima tongloom/Moment via Getty ImagesWhat’s the point of monetary policy?
Update to lending and deposit spread of the Operational Standing Facility – Market Notice 8 December 2025
In line with the Bank's transition to a repo-led, demand-driven operational framework for providing reserves, the Bank is today announcing a reduction in the spread to Bank Rate of the Operational Standing Facility (OSF). This Market Notice confirms the new, recalibrated spread of the OSF at Bank Rate +15bps for the lending facility and Bank Rate -15bps for the deposit facility. As with all SMF facilities, the OSFs are 'open for business' and should be used by SMF participants for the purposes of liquidity management.
Trade deficit drops sharply in Oct, down 6 pct in 10M
Greece’s trade deficit fell sharply by 18.4 percent year-on-year (YoY) in October, after a drop of 13.6 percent in September, according to data released by ELSTAT on Monday.
It’s so hard to resist overspending at Christmas – here’s how to reinforce your willpower
Eterna Images/ShutterstockWe often throw caution to the cold, dark wind of December when it comes to spending. The cost-of-living crisis may slip our minds amid the razzle-dazzle of Christmas. We just want a moment to enjoy ourselves, to forget about the winter gloom. It’s natural for us to behave this way. Our brains are wired for it.
Why OpenAI is a prime example of the ethical limits of capitalism
izzuanroslan/ShutterstockAs OpenAI marks its tenth birthday in December 2025, it can celebrate becoming one of the world’s leading companies, worth perhaps as much as US$1 trillion (£750 billion).
Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates
The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.
Misestimating house values: consequences for household finance
This study examines the effect of systematic household misestimation of home prices on financial decisions, including stockholdings, consumption, and asset allocation.
Pages
