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Read more about the article From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?

From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?

AI has rapidly become a huge economic factor while affecting everything from capital investment to how much you pay for an iPhone. 2026-08-04 01:00:00 Justin Lahart

Continue ReadingFrom data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?
Read more about the article A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded

A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded

The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program. 2026-08-04 00:00:00 Nick Timiraos

Continue ReadingA little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded