South Korea’s dominance in artificial intelligence memory chips is no longer just driving stock market gains.The country’s semiconductor boom is now reshaping its economy, consumer spending, labour market and even its dating culture, creating a new generation of wealthy technology workers while raising fresh concerns over widening inequality.Fueled by soaring…
The number of Americans filing new applications for unemployment benefits declined last week, pointing to continued resilience in the…
US President Donald Trump has reignited his long-running dispute with Spain by threatening to cut off trade with the…
Federal Reserve officials were divided over the future direction of interest rates at their June policy meeting, with policymakers…
Britain has had six prime ministers in under a decade, yet financial markets have grown remarkably unfazed by the…
British house prices increased by 0.2% in June, marking the first monthly rise in four months, while annual growth…
The European Central Bank has given eurozone banks four months to develop plans aimed at countering artificial intelligence (AI)-enabled…
The Bank of England has warned that artificial intelligence is emerging as a growing threat to financial stability, citing…
A Goldman Sachs economist expects artificial intelligence to displace more than 15 million US workers over the next decade,…