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US ECONOMY AND AI
IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...- Chip selloff deepens Wall Street losses as doubts grew over AI returnsA significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 10...
- AI 'most consequential change' to US and global economies in my lifetime: Fed Chair Kevin WarshFederal Reserve Chair Kevin Warsh called artificial intelligence the most consequential change to the US and global economies in his lifeti...
- India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
- Euro gets much-needed reprieve as AI wobbles rock the dollarThe dollar is about to experience its first weekly decline in five weeks amid AI investment concerns. The euro has rebounded from a 17-mont...
- AI stock selloff eases as investors buy on dips amid falling bond yieldsA selloff in risky AI-linked stocks eased as buyers returned to technology amid falling bond yields. CoreWeave experienced significant stoc...
- AI stocks keep falling, but the rest of the market is supporting Wall StreetThe S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite ...
- US Treasury yields fall sharply on AI jittersIn a significant market shift, US Treasury yields fell sharply as investors flocked to safe-haven assets following an AI-induced tech sello...
- Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
- Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
- India can catch up in AI by focusing on applicationsIndia faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nat...
- Adani, Jabil sign MoU for AI & data centre equipment JVAdani Enterprises and Jabil are forming a joint venture to manufacture artificial intelligence and data centre equipment in India. This ven...
- NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
- IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
- US, India must deepen cooperation on AI, semiconductors for shared security: Gina RaimondoShe recalled that during an earlier meeting with Prime Minister Narendra Modi, their conversation centred on AI and the potential for India...
- Nvidia’s share of China AI chip market falls to 34% as Huawei gains groundNvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like ...
- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- Nvidia's China AI-chip share falls as Huawei closes gap, report findsNvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies ...
- IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
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