In 2020 two economists walked into a bar in San Diego and made a bet. Erik Brynjolfsson , head of the Stanford Digital Economy Lab, wagered that from 2020 to 2030, artificial intelligence would drive US labor productivity growth to more than 1.8% per year on average. Robert Gordon , an economist at Northwestern University, thought AI progress would be a little slower going. He put his money on pro...
In 2020 two economists walked into a bar in San Diego and made a bet. Erik Brynjolfsson , head of the Stanford Digital Economy Lab, wagered that from 2020 to 2030, artificial intelligence would drive US labor productivity growth to more than 1.8% per year on average. Robert Gordon , an economist at Northwestern University, thought AI progress would be a little slower going. He put his money on productivity growth coming in below 1.8%. At stake: $400, to be donated to charity. As wonky and low stakes as the bet might sound, its outcome will have a much greater impact on our welfare than almost anything Polymarket could dream up . At the heart of the wager is a crucial question: How much is AI going to affect the economy? How fast? And will it be a good thing for workers, or are we all about to be AI’ed right out of a job ? The best way to see how much the AI hype is actually manifesting on Main Street is to look at labor productivity, which has accelerated noticeably in the US in recent years. Productivity—basically, the amount of goods and services an economy churns out divided by the hours worked to generate that output—is one of the most important indicators of economic health . It’s also profoundly personal, says Diane Coyle , an economist at the University of Cambridge and author of The Measure of Progress . “It is the measure that most closely relates to how people’s living standards go up over time.” Technological breakthroughs like the steam engine, electricity, the internet and now AI help workers produce more. “Think about a construction site,” Coyle says. “A worker who gets a digger is going to be more productive than a worker who’s just got a shovel.” Innovation isn’t always welcome. In the 1900s pockets of farmers in the US and Britain vigorously resisted various forms of mechanization , from threshing machines to tractors. But at his farm in Surprise, Arizona, David Vose is embracing AI-enabled automation. Vose has run Blue Sky Organic Farms for more th...
Chinese youth are increasingly turning to artificial intelligence (AI) for fortune-telling, discovering that AI models are cheaper, faster, and equally effective compared to traditional human soothsayers. On a popular Chinese social media platform, the hashtag #deepseeksuanming, or DeepSeek fortune-telling, has amassed over 55 million views. DeepSeek is a family of Chinese AI models launched in 20...
Chinese youth are increasingly turning to artificial intelligence (AI) for fortune-telling, discovering that AI models are cheaper, faster, and equally effective compared to traditional human soothsayers. On a popular Chinese social media platform, the hashtag #deepseeksuanming, or DeepSeek fortune-telling, has amassed over 55 million views. DeepSeek is a family of Chinese AI models launched in 2023. Many users report that AI fortune-telling has seamlessly integrated into their daily routines....
A leading Chinese aviation engineer has set out a detailed blueprint for building a fully self-sufficient supply chain for large passenger jets. The paper, written by Zhang Yanzhong, a senior academician at the Chinese Academy of Engineering and the former chief scientist of the Aviation Industry Corporation of China, acknowledged there was a very real risk that the country could be cut off entire...
A leading Chinese aviation engineer has set out a detailed blueprint for building a fully self-sufficient supply chain for large passenger jets. The paper, written by Zhang Yanzhong, a senior academician at the Chinese Academy of Engineering and the former chief scientist of the Aviation Industry Corporation of China, acknowledged there was a very real risk that the country could be cut off entirely from components made in the West. Known as the “father of China’s large aircraft” for his decades...
Vanguard Real Estate ETF (NYSEMKT:VNQ) offers a concentrated portfolio of domestic REITs, while Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) provides broader international diversification and a higher trailing yield. Real estate investment trusts (REITs) provide income and growth potential, but geographic concentration can shift a portfolio’s risk profile significantly. While both funds o...
Vanguard Real Estate ETF (NYSEMKT:VNQ) offers a concentrated portfolio of domestic REITs, while Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) provides broader international diversification and a higher trailing yield. Real estate investment trusts (REITs) provide income and growth potential, but geographic concentration can shift a portfolio’s risk profile significantly. While both funds originate from Vanguard, they serve different strategic roles. One focuses exclusively on the domestic property market, while the other looks across more than 30 international markets to capture global real estate trends. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2026.
NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2026.
When you decide to claim Social Security seems like an individual decision, but if you're married, your choice doesn't just affect you. Your spouse may also get less money if you choose to sign up early. This doesn't mean that applying for Social Security early is always the wrong decision. But you and your spouse should be familiar with the following two potential drawbacks before deciding whethe...
When you decide to claim Social Security seems like an individual decision, but if you're married, your choice doesn't just affect you. Your spouse may also get less money if you choose to sign up early. This doesn't mean that applying for Social Security early is always the wrong decision. But you and your spouse should be familiar with the following two potential drawbacks before deciding whether it's the right call for your family. Image source: Getty Images. Continue reading
AzmanL/E+ via Getty Images Quarterly Commentary All nine One Choice Target Date Portfolios posted negative returns in the first quarter. Market Environment Global financial markets declined in the first quarter amid the war in Iran. Soaring energy prices ignited fears of higher inflation and lower growth, sidelining talk of additional Federal Reserve rate cuts. Before the war, U.S. stocks already ...
AzmanL/E+ via Getty Images Quarterly Commentary All nine One Choice Target Date Portfolios posted negative returns in the first quarter. Market Environment Global financial markets declined in the first quarter amid the war in Iran. Soaring energy prices ignited fears of higher inflation and lower growth, sidelining talk of additional Federal Reserve rate cuts. Before the war, U.S. stocks already had fallen on concerns about artificial intelligence business disruptions and related layoffs. Overall, non-U.S. developed markets stocks outperformed U.S. stocks, and U.S. bonds outperformed global non-U.S. bonds. U.S. stocks endured their worst quarter since 2022. Corporate earnings reports were strong; nevertheless, investors saw surging oil prices and the threat of inflation as diminishing the outlook for 2026. Mid- and small-cap stocks advanced for the quarter and outperformed large-cap stocks, which declined. Value stocks posted gains across the market-capitalization spectrum, while growth stocks fell. Among non-U.S. stocks, both developed markets and emerging markets stocks declined in absolute terms but outperformed U.S. stocks. Bond prices declined modestly. Rising energy prices raised global inflation fears and pushed bond yields higher. Bond prices, which move in the opposite direction of yields, fell. When factoring in bonds' interest rate payments, total returns were essentially flat in the U.S. and slightly negative outside the U.S. High-yield and investment-grade corporate bonds declined amid worries about growth and inflation, while Treasury securities held up better amid some perceived safe-haven buying. Key Contributors Non-U.S. and value-oriented holdings led contributors. Top absolute performers in the applicable portfolios were International Value, Emerging Markets, Small Cap Value, Small Cap Dividend and Mid Cap Value. Shorter-duration and inflation-linked holdings gained. Across fixed-income holdings, Short Duration Inflation Protection Bond, Inflatio...
You might think this looks like a phone at first glance, but it isn’t — it’s a mouse that’s folded in half. | Images by Logitech / shared by WinFuture Logitech is reportedly developing a new wireless mouse that folds in half to make it easier to carry around in a bag or pocket. According to leaked marketing images shared by WinFuture , Logitech's foldable mouse caused "22 percent less muscle strai...
You might think this looks like a phone at first glance, but it isn’t — it’s a mouse that’s folded in half. | Images by Logitech / shared by WinFuture Logitech is reportedly developing a new wireless mouse that folds in half to make it easier to carry around in a bag or pocket. According to leaked marketing images shared by WinFuture , Logitech's foldable mouse caused "22 percent less muscle strain" compared to using a laptop trackpad, and can be used across "multiple operating systems." Logitech's design is visually similar to Microsoft's Surface Arc mouse and Lenovo's Yoga mouse , sporting the same arched shape when unfolded for use. One key difference is that while Microsoft and Lenovo's offerings can only be folded flat, the new Logitech mouse - the name of which is still unknown - fold … Read the full story at The Verge.