WTO director-general Ngozi Okonjo-Iweala NEW DELHI: Artificial Intelligence (AI) could lead to significant increases in trade and GDP by 2040, with global trade projected to rise by 34-37% across different scenarios, a report released...
Despite being outvoted, Miran’s dissent grabbed headlines. His rate-path projection, which implied another 125 basis points of cuts by year-end, was the most aggressive forecast among Fed officials, catching the attention of analysts and investors.
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The "buy now, pay later" (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations,...