History suggests that waves of technological innovation take time to show up in productivity, with users not producers reaping the spoils. Productivity pessimism in Australia should not last forever. Like the computer revolution before it, the AI revolution is likely to boost productivity and potential output growth, but this could take a while. Assuming potential […]
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Bed Bath & Beyond Inc. is trying to become a one-stop shop for home essentials, but its comeback plan could come with a warning for workers. The company, which owns Bed Bath & Beyond, Overstock, Read more…
Brent oil remains firmly in red and extends weakness on Thursday after falling 10% on Wednesday and ending day with 5.5% loss. Growing hopes for a US-Iran peace deal provided relief, keeping oil prices under Read more…
Silver’s sharp rally above the psychologically important 80 level is signaling more than just strength in precious metals—it reflects a broader shift in market psychology toward aggressive risk-taking. As geopolitical tensions surrounding Iran ease and Read more…