New York’s Record Profits, Hidden Risks
Wall Street is racking up a potential record $90 billion in profits, supercharging New York’s tax revenues—but is this AI-fueled boom built to last? New York State Comptroller Thomas DiNapoli joins Bloomberg Open Interest to break down jobs, bonuses, rebates, and the risks of an AI-driven bubble. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.