But there's a catch...

While investors are being asked to fund the AI rollout, progress in turning that investment into meaningful returns has so far been underwhelming. Those concerns are being echoed across all global markets.

 

"The recent sharp increase in global interest rates is exposing the unsustainable reality..." 

Hartnett’s “most bullish event” (an October hike) and his “most bearish outcome” (a Democratic sweep) are on the calendar less than a week apart, and the market prices the first at just 17% and the second at 64%. That’s a lot of asymmetry

Building a ship in the United States costs four to five times as much as in China or South Korea...

You had the media funded by USAID. You had the universities funded by USAID. You had the staffers of the Supreme Court and the TSE (Superior Electoral Court), the election court, USAID

"Billions of dollars are in play now."

Is there enough public interest in visiting the monument to the greatness of Barack to keep it afloat?

...more tankers attacked, more strikes on Riyadh's airport, IEA urges more reserve releases...

Every time a tanker hits a mine in the Strait of Hormuz, a Republican incumbent somewhere loses a few tenths of a point... But Goldman shows why Democrats' sweep odds usually fade from here.

US President Trump claimed Ukraine and Russia agreed to an energy ceasefire, although a White House official walked back on this; Houthis conducted a deadly strike on the Saudi capital's airport; US cash treasuries trade is closed on Monday for Columbus Day, but the stock market will open.

The Department of Homeland Security said the Dominican national weaponized his vehicle, prompting officers to open fire...

Everybody hurts...

What is wrong with these judges?

Iran clearly stepping up attacks in run-up to November midterm elections...

Trump is sinking, AI is slowing, and America is sobering up.

Diesel has become the “global” focus, rather than “just” the price of oil.