Skip to main content
Bloomberg Logo
Bloomberg

Articles by Bloomberg

Bloomberg

Impact of AI Starting to Kick In on Economy Says Moody's Zandi

Moody's Analytics chief economist Mark Zandi said that the impact of AI is starting to 'kick in' across the economy, particularly in hiring rates and in the tech sector. Zandi also talked about efforts to create more affordable housing, saying that it while congress is taking positive steps, it will take awhile for the US to find its way out.

Read more: Impact of AI Starting to Kick In on Economy Says Moody's Zandi
Bloomberg

Berkshire Cuts Amazon Stake, Makes Bet on New York Times

Berkshire Hathaway Inc. slashed its holding in Amazon.com Inc. by more than 75% in the fourth quarter, while also building a stake in the New York Times Co.   Warren Buffett's last new bet as chief executive officer.  The conglomerate acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at year-end, according to a regulatory filing Tuesday. Bloomberg's Matthew Palazola joins to discuss.

Read more: Berkshire Cuts Amazon Stake, Makes Bet on New York Times