Analysis: Must Read

Massive AI Investment Bolsters US GDP

Real gross domestic product in the United States grew at an annualized rate of 2.0%, according to the advance estimate from the Bureau of Economic Analysis . This follows a modest 0.5% increase in Q4...

Massive AI Investment Puts More Muscle Behind U.S. GDP

U.S. real gross domestic product rose at a 2.0% annual rate, according to the Bureau of Economic Analysis advance estimate, after growth was limited to just 0.5% in Q4 2025 due to the historic...

Market Miscellany: Apple changes its core, as AI assigns the roles

Artificial intelligence is writing two opposing stories in the same week. It is crushing Chegg, forced into a turnaround after a 99% collapse, while simultaneously propelling the S&P 500 to new...

Fed remains on hold as Powell defends institutional independence

Jerome Powell's press conference brought no major shift to the monetary trajectory, but it reinforced the more cautious tone of the earlier policy statement. The Fed maintained interest rates within a...

The Fed Stays on Hold, Powell Defends the Institution's Independence

Jerome Powell's press conference did not deliver any major change to the policy trajectory, but it did confirm the statement's more cautious message released earlier. The Fed kept rates in a 3.50% to...

Fed keeps rates unchanged but toughens stance on inflation

The US Federal Reserve kept its benchmark interest rates unchanged on Wednesday within a range of 3.50% to 3.75%, as widely expected. However, the accompanying statement proved less comforting for...

The Fed Holds Rates Steady but Toughens Its Message on Inflation

The U.S. Federal Reserve unsurprisingly held its policy rates steady Wednesday in a range of 3.50% to 3.75%, but its statement is less reassuring for investors who had hoped the central bank would lay...

Kevin Warsh moves closer to Federal Reserve chairmanship after key vote

The Senate Banking Committee has approved the nomination of Donald Trump-backed Kevin Warsh, amid political and economic friction surrounding US monetary policy.

Kevin Warsh Moves Closer to the Top Job at the Federal Reserve After Key Vote

The Senate Banking Committee has approved the nomination of Kevin Warsh, backed by Donald Trump, amid political and economic tensions over U.S. monetary policy.

The ECB in the starting blocks

Faced with the return of inflation, the ECB has so far been content to toughen its rhetoric, letting the market do the heavy work. However, this game can only last so long.

The final meeting for Jerome Powell?

Jerome Powell has yet to decide whether he will remain a governor or resign upon the arrival of his successor.

Where has Chinese AI gone?

On January 27, 2025, an unknown app took the top spot on the US App Store. Named DeepSeek and hailing from Hangzhou, it was free. In its wake, the Nasdaq tumbled 3%, Nvidia shed 17% in a single...

Where did Chinese AI go?

On January 27, 2025, an unknown app takes the top spot on the US App Store. It is called DeepSeek, it is from Hangzhou, and it is free. Almost immediately, the Nasdaq tumbles 3%, Nvidia drops 17% in a...

2025: A Record Year for Global Military Spending

According to the report released yesterday by the Stockholm International Peace Research Institute , the leading authority on the subject, humanity has never devoted as much capital to arming itself...

2025, a record year for global military spending

According to the report published yesterday by the Stockholm International Peace Research Institute , a leading authority on the subject, humanity has never devoted as much money to arm itself as it...

Beyond Oil: Other Commodities Impacted by the War in Iran

The war in Iran has already driven up the prices of several commodities. In a context where the fluidity of international trade can no longer be taken for granted, identifying the dependencies of...

SpaceX, OpenAI, Anthropic: Blockbuster IPOs on the Horizon, but Still No Profits

The exceptional valuations reached by SpaceX, OpenAI and Anthropic will soon face the scrutiny of public markets, which are inherently more transparent and less patient.

The Fed: A high-stakes baton pass from Powell to Warsh

As Jerome Powell prepares to step down as Chair, the Fed is having to navigate a sensitive transition balancing inflation, politics and monetary independence.

The Fed at the moment of handoff between Powell and Warsh

As Jerome Powell prepares to leave the chair, the Fed must manage a delicate transition shaped by inflation, politics and monetary independence.