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)

Read it at Bloomberg Markets ↗

← Front page