When considered as a percentage of GDP, the 2026 projected AI-driven spending by Amazon, Alphabet, Microsoft and Meta rivals momentous capital efforts in U.S. history, as shown in these charts

When considered as a percentage of GDP, the projected spending of four tech giants for 2026 rivals the most momentous capital efforts in U.S. history, as shown in these charts.…

Continue ReadingWhen considered as a percentage of GDP, the 2026 projected AI-driven spending by Amazon, Alphabet, Microsoft and Meta rivals momentous capital efforts in U.S. history, as shown in these charts

President Trump chose a Federal Reserve chair he thinks he can count on to lower interest rates. History suggests three different ways presidents have come to regret that bet.

President Trump thinks his new chair can deliver low interest rates. Three presidents in the past learned otherwise. 2026-02-07 01:00:00 Nick Timiraos

Continue ReadingPresident Trump chose a Federal Reserve chair he thinks he can count on to lower interest rates. History suggests three different ways presidents have come to regret that bet.