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BLOOMBERGVIEW
View: Nvidia isn't the only one getting a massive AI boostAmong those companies dwarfed by the $200 billion jump in Nvidia’s value are two of the most-important enablers of the AI revolution. Betwe...- Is bitcoin back? Cryptocurrency passes $15,000 as rebound beginsThe tokens rose 10% to $15,116.50, the biggest gain on a closing basis in more than two weeks.
- Federal Reserve’s new chairman may still have to be yellin’Openness has been a hallmark of Yellen’s time at the Fed, even before she rose to the top job.
- Nobel laureates Joseph Stiglitz and Michael Spence lead new group to tackle world's economic woesA sluggish recovery from the global financial crisis and concerns about globalization have helped fuel a rise of populist movements across ...
- Why gold is less of a havenGold prices rose almost 1 per cent on Tuesday morning as part of the risk aversion triggered by yet another brazen North Korean missile lau...
- Do economists cheat us by presenting opinion as facts?As Fox notes, the analysis actually rests on a conveniently biased selection of data.
- Shares of a publicly traded Uber might be crashingUber is being sued by Alphabet (Google) in a high-stakes lawsuit over self-driving car technology, and the company is still suffering the f...
- In a policy driven world, how long will the Trump market rally last?President Donald Trump's promise of "phenomenal" tax reform was an important contributor to last week's gains, but it was not the only one.
- Sustaining Trump rally depends on Germany, China: Mohamed El-ErianEl-Erian called Trump's pledge to increase infrastructure spending “low-hanging fruit,“ noting that Obama had a similar goal but struggled ...
- Booming satellite business needs India's rocketsEmerging India may seem like an unlikely competitor for Silicon Valley rocket companies. Yet since 1969, ISRO has consistently punched abov...
- It's time to wean yourself from the Fed, Mr MarketThe market has been notably reluctant to accept the Fed’s efforts to lift rates but clearly the Fed can’t be accommodating forever.
- Economists show higher interest rates lead to higher consumptionThe equation says that when interest rates are high, people save more and consume less -- this is the way they smooth their consumption, as...
- US economy is weak though not headed for recession in 2016: Mohamed A El- ErianIn addition, China is struggling to boost a slowing economy, calm a volatile stock market and get a handle on its currency.
- US jobs report could be key to Fed's rate hike timing: Mohamed El-Erian, Allianz SEThe monthly jobs report could be a swing factor for the Federal Reserve in determining whether to raise rates next month, said Mohamed El-E...
- Here's why Ashoka Mody thinks that Germany, not Greece, should exit euroA German return to the deutsche mark would cause the value of the euro to fall, giving countries in Europe's periphery a boost in export-co...
- Why Starbucks doesn't recycle cups?Starbucks can't provide enough cups to justify the costly recycling process. A pilot program in 2010 collected three tons of cups from 170 ...
- Pimco witnesses worst outflow at a record $105 billionInvestors pulled $19.4 billion from Pimco Total Return Fund in December, bringing redemptions in 2014 to a record $105 billion, according t...
- BRIC markets appear 'disunited' to stock investorsWhile Chinese and Indian benchmark equity indexes have surged an average 40% this year, Russian and Brazilian gauges posted a mean drop of ...
- What will Warren Buffett earn from $3 billion Burger King-Tim Hortons merger?If Burger King doesn't go out of business, it looks like a pretty good deal for Buffett. Except some of the optics of the deal aren't great.
- Why Homo economicus might actually be an idiotThere are some evidences that rational self-interest isn’t always the best strategy. In conditions of harsh competition, Homo economicus mi...
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