The New Rules of the Car Market

The United States has sharply relaxed federal fuel-economy standards. The new framework gives automakers more flexibility, but it also changes the trade-off between vehicle purchase prices, lifetime fuel costs, electric-vehicle

The New Business of Artificial Intelligence

Artificial intelligence is becoming more than a market for models and chatbots. Capital is moving into data centres, compute, software platforms and specialised services, while companies increasingly judge AI by

Mortgages Are Getting More Expensive Again

U.S. 30-year mortgage rates moved back above 7% in late September. Georgia is a different market, but the same affordability lesson applies: the price of a home cannot be separated

Who Carries the Financial Risk of the AI Boom?

AI infrastructure is becoming so capital intensive that the boom is no longer only a technology story. Banks, insurers and reinsurers increasingly need to decide who bears the loss if