IMF says AI investment bubble could burst, comparable to dot-com bubble | International Monetary Fund News

IMF says AI investment bubble could burst, comparable to dot-com bubble | International Monetary Fund News

The United States’s artificial intelligence (AI) investment boom might be an economic bubble that could burst, comparable to the dot-com bust in the early 2000s, according to the International Monetary Fund. The IMF’s chief economist, Pierre-Olivier Gourinchas, forecasted that the bust would be less likely to be a systemic event that would crater the US…

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Night economy drives holiday consumption in China

Night economy drives holiday consumption in China

CHONGQING — As dusk settled over Songgai ancient town in southwest China’s Chongqing Municipality, the scent of roasted rice cakes and steaming tofu pudding mingled with the lively hum of visitors wandering beneath rows of oil-paper umbrellas and glowing snack stalls. “Having explored the town by day, I returned to experience its nighttime charm. The…

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Bessent tells the FT that struggling China wants 'to pull everybody else down with them'

Bessent tells the FT that struggling China wants ‘to pull everybody else down with them’

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos Moura | Reuters Treasury Secretary Scott Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology….

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China warns US against additional 100% tariffs, threatens to take ‘resolute measures’

WASHINGTON (TNND) — A sudden escalation in the U.S.-China trade war has threatened to undo months of progress between the world’s two largest economies. The unraveling of what had been productive talks between the two superpowers began late last week when China announced new global export controls on its coveted rare earth minerals and products…

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8 make-up highlights from the spring/summer 2026 fashion weeks in New York, London, Milan and Paris

8 make-up highlights from the spring/summer 2026 fashion weeks in New York, London, Milan and Paris

It’s not only the fashion that caught the eye at the four biggest spring/summer 2026 ready-to-wear shows – New York, London, Milan and Paris. The hair and make-up too had plenty to offer style watchers, from bubblegum-pink lips and multicoloured mascara to ultra-clean, minimalist looks and more. Dior Dior spring/summer 2026. Photo: Handout For his…

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