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A 'low-tech' Cleveland Fed tool consistently outperforms generative AI, which has struggled to provide reliable forecasts Don't bother asking AI for an inflation forecast. A new study provides yet ...

Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy and energy prices surge.

A new study provides yet more evidence that investors exaggerate the forecasting ability of artificial intelligence. The study’s authors found that ChatGPT doesn’t even come close to matching the ...

Inflation is on the rise again, and that means so are the interest rates on I-bonds. The rate on the latest I-bonds on sale now through Oct. 31 is 4.26%, up from 4.03% in the prior six months. The ...

Illustration of space debris in Earth orbit from NORAD's satcat catalog Credit: Yeus via Wikimedia Commons; CC BY-SA 3.0 The space sector is booming. But it is also running up against limits we are ...

The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep inflation under control. The increase takes the cash ...

Savers might want to take a second look at I Bonds, if they're rattled by the latest downturn in the stock market and surge in inflation. Anyone who drives by a gas station sees how prices at the pump ...

BMW’s calling the new 2027 7-Series the most extensive mid-life update it’s ever done, but what we’re seeing here goes beyond Munich’s flagship sedan. Because this update shows us how BMW will apply ...

Official inflation may be cooling, but many households still feel squeezed. Housing costs, quality declines, dynamic pricing, and the way inflation is measured all help explain why everyday life feels ...

Private credit defaults are on the rise, as are private credit fund exits. Big banks could be left holding the bag if the situation worsens. Soaring inflation could prompt further defaults, worsening ...

A standard complaint people have about economic data, especially inflation data, is that it doesn’t reflect their own experience and is therefore wrong. This might annoy the economists, politicians ...