For months, Wall Street debated whether AI spending had become too much, too fast. Now, after calls by some of the industry’s biggest names to slow frontier AI development, investors are asking whether AI spending could slow, too. “Does a “pacing slowdown” necessarily imply a spending slowdown? We don’t think so,” Bernstein analysts wrote Monday,
Stan Choe Updated September 15, 2026 — 6:31am,first published 5:10am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Artificial-intelligence stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile,
The Federal Reserve’s hiking cycle suddenly looks alive again. Wall Street was already growing nervous. Oil had pushed back above $100, bond yields were surging, the AI capital-expenditure boom continued to add pressure to credit markets, and Thursday’s producer-price report—which feeds into the Fed’s preferred inflation gauge—came in surprisingly hot. But Chair Kevin Warsh’s ambiguity
Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors
Staff writers Updated August 31, 2026 — 10:39am,first published August 31, 2026 — 5:22am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA The Australian sharemarket has dipped lower at the open after a rise in oil prices on Monday morning, while Wall Street
Zendaya‘s latest showstopping look isn’t on the red carpet, it’s her street style that we’re after! The latest trend she gave her coveted stamp of approval to? Y2K inspired sunglasses from Le Specs, that come in at just $75, and we found the exact pair for you to shop: As seen on the streets of
