AI spending is prodigious. The current mania resembles the internet bubble and earlier enthusiasms like RCA in the 1920s.

U.S. export prices increased by 1.3% in January, while import prices in the U.S. climbed by 0.3% from the previous month during January. U.S. industrial production rose by 0.5% in January versus a ...

A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again ...