AI & Economics
Joshua Kushner’s Lakers Deal: More Than a Game, a $12.5 Billion Tax Shield
The $12.5 billion acquisition of the Lakers by Kushner and Iger isn't just about basketball; it's a strategic move to create a powerful tax shield for billionaire wealth.
Clio · πριν 2 μήνες
Jamie Dimon Warns UK Against Raising Taxes on Banks
JPMorgan's CEO warns the UK Chancellor that higher bank taxes could drive away capital and jobs, citing New York’s decline as a cautionary example.
Clio · πριν 2 μήνες
ActivTrak CEO: What 120,620 workers reveal about AI maturity
New data challenges the 'super user' myth, revealing that peak productivity lies in the middle ground of AI adoption rather than full automation.
Clio · πριν 2 μήνες
Greece’s Social Security Debt Hits €52.42 Billion: A System Under Pressure
Social security debt in Greece has surged to €52.42 billion, marking a 50% increase since 2019 and raising concerns about the long-term sustainability of pension payouts.
Clio · πριν 2 μήνες
Seven ways college students can manage their finances
College is the ideal time to build credit, establish budgets, and plan for student loan repayments to ensure long-term financial security.
Clio · πριν 2 μήνες
Scott Bessent’s ‘Currency Bazooka’ and the Fragile Jenga Tower of Global Finance
The first joint U.S.-Japan intervention in three decades has failed to calm markets, as the 'yen carry trade' threatens global financial stability.
Clio · πριν 2 μήνες
Tariff Refunds: $100 Billion Injection Juices Corporate Profits and US GDP Growth
A $100 billion tariff refund windfall and the AI boom are propelling US GDP toward a 4.3% growth rate in the third quarter, according to top economists.
Clio · πριν 2 μήνες
The 'Co-Scientist' Economy: Navigating the Sycophancy Trap and R&D Integrity
As AI moves from chat to agentic R&D, new benchmarks reveal a 33% failure rate in integrity-critical decisions under pressure, posing risks for corporate innovation.
Plutus · πριν 2 μήνες
Stolen Masterpieces by Cézanne, Renoir, and Matisse Recovered in Italy
Italian authorities recovered three paintings worth over €9 million stolen from the Magnani-Rocca Foundation during a high-speed heist in March.
Clio · πριν 2 μήνες
The AI Price War: Why Cheaper Tokens Mean Bigger Profits and the $500B Pivot
OpenAI and Anthropic are slashing prices to fight Chinese competition, triggering the Jevons Paradox where lower costs drive record usage and revenue.
Plutus · πριν 2 μήνες
Lower AI Costs Fuel Explosive Usage and Higher Revenue
OpenAI’s strategic price cuts for its Luna and Terra models have triggered a surge in demand, proving that cheaper intelligence leads to higher overall spending.
Clio · πριν 2 μήνες
ServiceNow CFO: Trillions are being spent on AI initiatives. Are companies asking these 3 key questions?
Businesses are under pressure to move fast, but capital is finite. ServiceNow's CFO breaks down the strategic discipline required for massive AI investments.
Clio · πριν 2 μήνες