Oxford Economics says the US economy remains strong but growth is uneven. Q3 GDP rose 3.4%, above analysts’ expectations, reflecting continued AI-driven investment. The firm says private fixed investment is rising sharply as AI infrastructure is built and expects growth to remain unusually dependent on corporate investment over the next few quarters. It adds AI-related wealth effects also supported part of Q3 consumption. Oxford warns this investment dependence is a risk: post-investment booms t

2026-10-29

Oxford Economics says the US economy remains strong but growth is uneven. Q3 GDP rose 3.4%, above analysts’ expectations, reflecting continued AI-driven investment. The firm says private fixed investment is rising sharply as AI infrastructure is built and expects growth to remain unusually dependent on corporate investment over the next few quarters. It adds AI-related wealth effects also supported part of Q3 consumption. Oxford warns this investment dependence is a risk: post-investment booms tend to produce longer, deeper recessions.

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2026-10-29

On Oct 29 at the World Expo Center in Shanghai, Zhiyuan co-founder, president and CTO Peng Zhihui introduced Worken, a metric for physical-AI value defined as effective intelligent work hours to quantify robots' autonomous output. At the same event, Xinhua China Economic Information Service and the China Academy of Information and Communications Technology’s Shanghai Industrial Innovation Center published the 2026 Embodied Intelligence Industry Innovation Report, which sets an industry developme

2026-10-29

The Baltic Dry Index (BDI) rose 60 points, or 2.31%, to 2,712 — a two-week high — but remains on track to post a second consecutive monthly decline of 14.8%. The Baltic Capesize Index (BCI) jumped 204 points, or 5.25%, to 4,090, its highest since Oct. 12, yet is set to record a second straight monthly drop of about 22%. Capesize daily earnings gained $1,850 to $33,592. The Baltic Panamax Index (BPI) fell 44 points, or 2.24%, to 1,921, its lowest since Apr. 14, and is poised for a monthly decline