Are measures like GDP an accurate way to measure the success and growth of a country? David Pilling, Africa Editor at The Financial Times and author of, "The Growth Delusion," says GDP is outdated and has not been updated since the technological revolution.
Pilling joins Cheddar to explain that GDP was initially invented during the manufacturing age and no longer accurately measures production and progress in the technological age. Pilling does not advocate for a full removal of GDP, but he does believe that leaders rely too heavily on it.
Pilling argues that we need to find a better way to measure tech contributions.
Stephen Kates, Financial Analyst at Bankrate, joins to discuss the Fed’s 25-basis-point rate cut, inflation risks, and what it all means for consumers and marke
Big tech earnings take center stage as investors digest results from Alphabet, Meta, Microsoft, Amazon, and Apple, with insights from Gil Luria of D.A. Davidson
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.