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- 1AI gloom revives the specter of stagflation▼COMMENTARY: AI gloom revives the specter of stagflation: McGeever
Reuters columnist Jamie McGeever argues that growing pessimism about artificial intelligence is bringing back fears of stagflation — the damaging combination of weak growth and high inflation. The commentary suggests that waning enthusiasm for AI's economic benefits could dampen productivity hopes just as costs and prices remain elevated, reviving a concern not seen prominently since the 1970s.
- 2GFL Environmental shares recover on BC Partners stake report●GFL Environmental pares loss on report BC Partners works on rolling its stake in a deal
GFL Environmental shares pared earlier losses after a report that BC Partners is working on rolling its stake in the waste management company as part of a deal. The news pointed to continued involvement by the private equity firm rather than an outright sale, easing investor concerns during the trading session.