← All topics
BusinessDaily pulse

Economic growth slows amid AI sector volatility and persistent global inflation concerns.

Updated 74 sources

Key Points

U.S. GDP growth slowed to 1.5 percent in the second quarter of 2026, triggering concerns about persistent price pressures despite improving inflation data.

Bond markets remain on edge as investors express frustration with the Federal Reserve's lack of clear guidance regarding its inflation containment strategy.

The high-profile AI hedge fund Situational Awareness has been bailed out by Citadel, marking a significant moment of volatility in the AI-focused investment sector.

Amazon's Zoox has secured federal approval to charge for rides in its steering-wheel-free robotaxis, marking a major milestone for autonomous vehicle commercialization in Las Vegas.

Tech stocks experienced turbulence as Meta shares fell due to investor anxiety over heavy AI spending, while Microsoft saw historic gains fueled by strong cloud business performance.

China has expressed serious concern regarding new U.S. trade restrictions, even as the Politburo signals a shift toward more proactive fiscal policy to address internal economic weakness.

Anthropic CEO Dario Amodei is urging Washington to further tighten chip export bans to China, specifically targeting 'distillation' methods to preserve the U.S. lead in artificial intelligence.

Global energy companies, including Shell, have reported doubled profits as oil and gas prices remain elevated due to the ongoing conflict in Iran.

Sources

74 articles · 10 outlets