BUSINESS
Will ChatGPT be Homer Simpson’s salvation?
Not all transformative technologies destroy jobs. Some help to level the playing field
BUSINESS
Investors turn to AI-guided dealmaking to gain edge over rivals
Accountancy firm KPMG, hedge fund Coatue and VC firm Headline among those incorporating the technology
BUSINESS
Wall Street prepares to take on established crypto companies
Traditional finance groups create digital asset infrastructure untainted by year of crypto scandals
BUSINESS
Wall Street banks re-enter junk debt market
Lenders return to funding leveraged buyouts after painful year in which fees were hit hard
BUSINESS
Lex: The staggering cost of a green hydrogen economy
The clean energy source is generating buzz as an alternative to fossil fuels. The FT calculates that delivering it requires $20tn of investment by 2050
BUSINESS
Tim Harford: What neo-Luddites get right — and wrong — about Big Tech
Is AI the latest threat to livelihoods? That depends on society
BUSINESS
Tech funds: Cathie Wood can’t fight the Fed
Ark Innovation ETF’s dependence on interest rate forecasts undermine stockpicking reputation
BUSINESS
The new gold boom: how long can it last?
Periods of inflation have often boosted the precious metal. This time it is also being bought by central banks worried about geopolitical risk
BUSINESS
Big investors rush into bonds after ‘cataclysmic’ year
Capital Group predicts $1tn will flow into debt markets in next few years as investors move to lock in higher yields
BUSINESS
How to demystify the market prophets
Analysts can be late to the party, often publishing estimates only once a quarter or so. At any given time, the consensus reflects a mix of updated and older numbers
BUSINESS
Joe Biden is forced to pivot back to a divided home front
Biden’s aim of creating a counterweight strategic trade alliance to China has consistently struggled against his domestic imperatives
BUSINESS
Xi Jinping’s Taiwan ambitions threaten China’s rise
Xi’s nationalistic rhetoric (involving Taiwan) is creating a dangerous mixture of hubris and paranoia in Beijing
BUSINESS
Oaktree’s Howard Marks warns of crunch time for private credit
Billionaire investor says higher interest rates and slower growth are about to put $1.5tn market to the test
BUSINESS
Tim Harford: One group of people can’t substitute their way out of inflation
Giffen goods, sliced bread and how inflation hits the poor the hardest
BUSINESS
Lex | Google: AI additions to search should stave off rivals
The success of a competitor is not a happy reason to roll out change. But it appears to have electrified Google
BUSINESS
Mohamed El-Erian: How we can avoid a third phase of banking turmoil
Conditions have stabilised but more must be done to prevent further banking tremors
BUSINESS
Federal Reserve warns of credit crunch risk after US bank turmoil
Fears of a credit contraction come as a possible US debt default looms
BUSINESS
Why Warren Buffett prefers cash
The company has $150bn in cash and shortish-term bonds on hand, enough to buy either Goldman Sachs or Lockheed Martin outright
BUSINESS
Chegg is a harbinger of AI’s disruptive force
Online education sector will be far from the last to be shaken up by new platform shift
BUSINESS
'Getting close': Federal Reserve chair seeds expectations for pause in interest rate rises
Jay Powell hints US central bank has done enough to tame inflation after 14-month campaign
BUSINESS
There is still a narrow path to an economic soft landing
Policymakers have little room left for mistakes in tackling inflation and the fallout of banking turmoil
BUSINESS
It’s good to be JP Morgan
And even flat margins could hurt investors
BUSINESS
Mohamed El-Erian: Policymakers and business need to adapt better to structural uncertainty
The global economy is facing an unusual spread of plausible outcomes
TRENDS
Will the extraordinary boom in luxury goods ever end?
Financial crises, a pandemic, geopolitical ructions and more have done little to dent the rise of the luxury sector
