The AI Economy Welcomes Its Latest $3 Trillion Club Member

AWS had a growth spurt. So did AI’s impact on the U.S. economy.

A ā€˜Goldilocks’ Discovery in the Paper Aisle

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Developing Economies Have More to Gain and Less to Lose From AI, Says World Bank

Relatively simple AI tools can help developing economies boost economic growth, but they risk becoming dependent…

Anduril Weighs Baltimore Shipyard Investment to Build Drone Boats

The defense-tech company is in talks for a production site at historic Sparrows Point, as the…

The Brown Bag AI Lunches Are Over

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Siri’s Success Could Force Apple to Spend More on AI

Plus, how OpenAI lost its early lead, and an AI scandal in book publishing.

South Korea’s July Inflation Eases From 30-Month High

South Korea’s headline inflation moderated in July after reaching a 30-month high in June, as government…

A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded

The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit…

From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?

AI has rapidly become a huge economic factor while affecting everything from capital investment to how…

U.S. Trade Deficit Contracted in June

U.S. imports totaled $388 billion in June, down 1.8% from May, while exports were $314.7 billion,…