BUSINESS
The new realism in venture capital is healthy
Rising stockpile of ‘dry powder’ is a sign of private capital’s growing attraction as an asset class
BUSINESS
Sundar Pichai: AI can strengthen cyber defences, not just break them down
Capturing the full opportunity of AI-powered security goes beyond the technology itself. I see three key areas where private and public institutions can work together
BUSINESS
Can OpenAI create superintelligence before it runs out of cash?
The AI startup is one of the fastest-growing companies in history, but questions remain about the long-term viability of its revenue stream
BUSINESS
Everyone calm down about CPI
Inflation expectations, which the Fed thinks are the most important single input to realised inflation, are falling.
BUSINESS
Stocks and bonds diverge as investors worry less about inflation
Differing paths of equities and fixed income mark return to longer-term norm
BUSINESS
America now has a high-pressure economy
It’s good for the time being, but you have to wonder what will happen when the valves are released
BUSINESS
China to export deflation to the world as economy stumbles
Prices of products shipped overseas have been falling at the fastest rate since 2008 crisis
BUSINESS
We are too obsessed with monetary policy
Inflation would indeed be higher today had central banks not raised rates. But this latest inflationary episode was driven by supply shocks, which interest rates cannot directly and rapidly remedy
BUSINESS
‘Employers hold the cards now’ as power shifts in US jobs market
Businesses are making lay-offs, forcing staff back to offices and offering smaller wage increases
BUSINESS
Investors desert equity hedge funds after years of poor returns
Clients pull nearly $150bn in assets from a strategy once known for its star stockpickers
BUSINESS
China’s growth enigma
Divergence between official data on the economy and other sources is rising as an issue for business
BUSINESS
The financier turning China’s noodle joints and karaoke bars into a data goldmine
Micro Connect is packaging revenues from small businesses into tradeable instruments but critics say the risks are high
BUSINESS
The cycle vs the trend: investors need to prepare for secular change
Bigger and more difficult choices need to be made as a new inflection point emerges in markets
BUSINESS
LEX | The days of $100 oil prices are over
Demand will continue but potential world supply is likely to peg back the cost
BUSINESS
Global trade: the looming tensions over China’s subsidies
The US and EU are busy ‘de-risking’ from China but Beijing has its own plan for economic autonomy
BUSINESS
Why political leaders are so unpopular now
Voters are reacting to long-term problems, and looking for fresh fixes
BUSINESS
Biden’s green spending splurge is a hard model to copy
US industrial policy is too expensive and China-sceptic to become a global standard
BUSINESS
Martin Wolf: The dangers lurking in our messy and unpredictable world
The crucial response must be to reduce fragilities, manage shocks, plan for risks and understand the fundamental drivers
BUSINESS
Grumblers about passive investing may have a point
New research bolsters the view that it is undermining the efficient markets hypothesis
BUSINESS
The perils of investing in the world of one trade
Where US interest rates are headed will still be the biggest influence on investment performance
BUSINESS
Private equity predicts deal rebound as sellers capitulate on prices
Davos dealmakers say pressure to return cash to investors will push buyout houses to sell investments despite low valuations
BUSINESS
LEX: Who stands to gain from China’s demographic collapse?
Creation of a ‘silver economy’ catering to senior citizens will boost sectors ranging from pharma to robotics
BUSINESS
What we really know about the global economy
From demography to technology, we must pay attention to the forces that will certainly shape our future
BUSINESS
A warning shot over the last mile in the inflation battle
US data highlights the challenges facing the Fed in attaining its 2% inflation target
