Economic Growth & Investment - AI investment is a significant driver of current economic growth [1] - Unlike the dot-com bubble of the 1990s, current tech companies have earnings and business models [2][3] - Investment in equipment for data centers and AI is a major growth source [3] Consumer Spending - Consumer spending is a larger part of the economy than AI investment [3] - Consumer spending remains strong, defying negative forecasts, potentially skewed towards higher-end consumers [3] Labor Market - The supply of workers has sharply decreased due to immigration and lower labor force participation [3][4] - Reduced worker supply lessens the need for new jobs [4] - Labor force participation decline indicates softening demand [4] Economic Outlook - The economy is growing at a slower rate, projected around 1.6% this year, compared to 2.4% last year [5] - A government shutdown could have reduced growth by a couple of tenths of a percentage point [5] - The economy is still growing at a moderate pace [5]

Steve Leeman, CNBC. Mr. . Chairman, can you characterize the uh the meeting in terms of you said strongly differing views was this a close call this cut or was it a close call maybe the other way because you had dissents on both sides.Thanks. >> So I was referring to uh the discussion about to the extent it related to December. You saw we had we had two descents, one for 50 and one for no cut.So, um, you know, that was a strong solid vote in favor of this cut. This the strongly, uh, uh, differing views were ...

Let's talk to uh Goldman Sachs's head of investment credit, Johnny Fine. Nice to have you back here at Post 9 to be here. Thanks for having 25.What else do you think we get in terms of a a sense as to where things stand for uh the year ahead. >> I think we'll get a reaffirmation that there'll be a cut again in December. I think you'll hear that in the press conference.I don't think there's anything that we've learned about the real economy or the labor market that changes the summary of economic projections ...

Economic Outlook - Chancellor of the Exchequer Rachel Reeves aims to outperform anemic growth forecasts for Britain's economy [1] - The budget will involve tough choices on tax and spending [1]

Glenn Fogel, Booking Holdings CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of travel, impact of AI, and more. ...

K-pop superstar RM of the popular boy band BTS urged global leaders and business executives to invest more in culture and the creative industries, emphasizing the crucial role of soft power in driving economic growth https://t.co/BgCREAGOdd ...

Spain continued to record strong growth, cementing its status as the euro area’s top major economy https://t.co/JTLKaRr0JU ...

The limited impact of tariffs on current earnings conceals a potentially lasting effect on future growth. For when it comes to investments in that growth, America’s non-AI businesses look as paralysed by the uncertainty as deer in the headlights https://t.co/vHSJipvGpo ...

Capital Flow - Initially, there was a modest shift of capital out of the US dollar into Europe, driven by a significant overweight in dollar-based assets [1] - In the last two months, capital has been returning to the United States [1] - Most global investors maintain a substantial overweight in US assets [4] - The US is considered the most favorable location for overweighting investments for at least the next 18 months [4] Economic Growth - Over 40% of the US economic growth in the second quarter was attributed to CapEx for technology [2] - CapEx investments, including data centers, power gas exploration, and gas turbine construction, are more prevalent in the US than in Europe [3] - The significant disparity between US and European GDP is partly due to these factors [4]

CBC exclusive Huntington Bank share CEO Steve Steinhower. He oversees more than a thousand locations across 14 states. Uh so good to have you today, Steve.Appreciate it. Um I want to start on cost synergies. Uh because that was a big topic of conversation on the call you had with analysts today.It looks like about 365 million pre-tax that's being targeted from this integration. 30% of cadence is forecasted 20 27 uh non-interest expense. How confident are you you'll be able to get there and what do you need ...