Fed's Daly Says Hard to Assess AI's Impact on Productivity
Federal Reserve Bank of San Francisco President Mary Daly talks with Bloomberg's Ed Ludlow about the impact of AI on the US economy during an event at San Jose State University.

Federal Reserve Bank of San Francisco President Mary Daly talks with Bloomberg's Ed Ludlow about the impact of AI on the US economy during an event at San Jose State University.
Chief China Economist Robin Xing explains why China must rebalance its social safety net to boost consumer spending. He speaks after China released fresh data on retail sales and home prices.
Tokyo Gas plans to invest in US downstream assets to lift earnings and reinforce the last leg of its energy supply chain. Japan's biggest distributor of the fuel is looking to deploy capital in assets like liquefaction plants, export terminals and the energy services sector, Tokyo Gas president Shinichi Sasayama told Bloomberg's Shery Ahn during an interview in Tokyo.
President Donald Trump spoke to reporters on Sunday, offering condolences to those affect by Brown University shooting, Australia shooting, and Syria attack.
Twelve people have been killed in Australia's worst terrorist attack, as gunmen opened fire on Jewish people who had gathered to celebrate the first day of Hanukkah at Sydney's iconic Bondi Beach on Sunday evening. Netanyahu comments on Australia policy saying "Anti-Semitism is a cancer."
As department stores lose their grip on the middle class, Macy's is betting on becoming the "center" again, with CEO Tony Spring reshaping the iconic brand. Retail historian Michael Lisicky and former Sears executive Mark Cohen explain what it takes to matter to shoppers now.
US electricity demand is now expected to rise 20 to 100 percent over the next 15 years as AI data centers, chip fabs and electrification strain an aging grid. Scott Strazik and Nicole Holmes of GE Vernova and Joseph Majkut of CSIS explain why nuclear especially through small modular reactors is back on the table.
Tech giants are pouring trillions of dollars into AI chips and data centers while the industry quietly faces a fork in the road between open source and proprietary models. AMD chair and CEO Lisa Su and former IBM CEO Sam Palmisano explain why that choice could shape the next era of computing.
The Federal Reserve has just cut rates by 25 basis points into an economy it still expects to grow faster next year, raising questions about why it eased and how much further it can go. Former Council of Economic Advisers chair Glenn Hubbard discusses the decision, the neutral rate and why he doesn't see much more room for rate cuts going into 2026.
President Donald Trump says he thinks his "voice should be heard" when it comes to making recommendations on the interest rates set by the Federal Reserve. He speaks with reporters in the Oval Office.
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