Higher-income households are weathering higher inflation better than middle- and lower-income Americans, underscoring the prevalence of the so-called K-shaped economy, according to the Federal Reserve' »
Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from smartphones to PCs »
Apollo Global Management Chief Economist Torsten Sløk said there is “zero evidence” that artificial intelligence is causing job losses across the U.S. economy, arguing that »
The drastic shift of memory chips to artificial intelligence data centers could lead to dramatic price hikes in consumer goods and disrupt supply chains, groups representing »