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AI Sends Its Best Wishes to the US Economy

2026-05-01 05:17:24

The same platforms that make up facts about users’ lives are also driving the country’s economic growth. 

The Rupee at Record Low Will End India’s Cheap-Money Era

2026-05-01 04:00:18

How soon will the Reserve Bank of India raise rates and how high will it have to take them? Those have become urgent questions for bankers in Mumbai after elevated energy-import costs pushed the rupee to a record low Thursday.

James Bond Alone Won’t Sell Chinese Luxury Cars Abroad

2026-05-01 03:00:18

With domestic demand cooling, China’s upscale car brands should be aggressively pushing offerings overseas in the same way as their mass-market cousins. But charging three times the home price — as BYD Co. did when it introduced its latest luxury model in Europe — is not the way to go, even if James Bond-actor Daniel Craig is the pitchman.

The UAE Is Preparing for a Post-Oil World

2026-05-01 02:00:18

For more than five decades, OPEC has been one of the pillars of the global system. It decides how much the rest of us pay for energy — and that price-setting power has made many of its members, especially the United Arab Emirates, extraordinarily rich. Why, then, would the UAE choose to exit, and possibly destroy, the world’s most profitable cartel?

Sell the Electricity No One Is Using

2026-05-01 01:22:26

American Efficient, Pershing Square USA, BJ’s.

Meta Needs to Stop Spending as If It’s a Cloud Giant

2026-04-30 20:30:18

The AI hyperscalers are lumped together for obvious reasons, but after the four largest reported their earnings on Wednesday night, it became abundantly clear that one of these big-spending giants is not like the others.