The global luxury industry is confronting a difficult combination of weaker consumer spending, geopolitical uncertainty and tighter tax enforcement in China, one of its most important markets. For companies that built their expansion strategies around affluent consumers in China and… Read More ›
Economy & Finance
Wall Street’s AI Hiring Boom Is Creating A New Technical Elite
Artificial intelligence is beginning to change financial-sector employment not simply by eliminating routine jobs but by creating demand for workers who can coordinate multiple AI systems and integrate them into existing financial operations. Job postings for artificial intelligence-related roles at… Read More ›
Brexit Is Forcing Britain To Reconsider Its Economic Direction
A decade after Britain voted to leave the European Union, the possibility of reversing Brexit has returned to mainstream political discussion because the economic relationship with Europe remains unresolved. Prime Minister Andy Burnham has indicated that the government is willing… Read More ›
China’s AI Talent Drive Is Turning People Into Strategic Infrastructure
China’s aggressive recruitment of artificial intelligence specialists from American technology companies reflects a broader shift in the technology competition between the two countries. The contest is no longer limited to computer chips, computing infrastructure or research publications. Highly skilled researchers… Read More ›
AI Is Moving From The Office Into The Harvest
Artificial intelligence is beginning to influence agriculture in one of the most practical areas of farming: deciding when crops should be harvested. New systems use cameras, weather information and crop data to estimate when fruit will be ready and how… Read More ›
Crypto Forecasts Rise as Institutional Demand Strengthens
Citigroup’s decision to raise its 12-month price forecasts for bitcoin and ether reflects a broader change in the cryptocurrency market: digital assets are increasingly being influenced by institutional flows, exchange-traded funds and macroeconomic conditions rather than retail enthusiasm alone. Citi… Read More ›
Deadly Floods Push Nepal to Drain Four High-Risk Glacial Lakes
Nepal’s decision to begin work on lowering the water levels of four dangerous glacial lakes represents a shift from responding to climate disasters toward attempting to reduce their physical causes. The proposed project targets Thulagi, Lower Barun, Lumding Tsho and… Read More ›
G20 Trade Divisions Reveal the Limits of Global Economic Consensus
The latest Group of 20 trade discussions demonstrate how difficult it has become for the world’s largest economies to agree on common rules when national industrial strategies are increasingly competing with the principles of open trade. Trade ministers reached agreement… Read More ›
Developing Economies Face a Dangerous Convergence of Shocks
Developing countries are confronting a combination of energy costs, higher borrowing expenses, climate pressures and existing fiscal weaknesses that is narrowing their ability to respond to new crises. The concern is not simply that individual countries are experiencing separate economic… Read More ›
Delayed Food Labels Keep India’s Nutrition Debate Alive
India’s debate over front-of-pack food warnings has moved beyond the design of a label to a larger question about how quickly public-health regulation should translate into action. The Supreme Court has questioned the time proposed for implementing warnings on packaged… Read More ›