The Latest Breaking News from Torsten Sløk

Apollo's Top Economist Issues Grim Warning As AI Boom Risks a 'Painful Repricing' If Returns Don't Arrive Fast Enough

Apollo Global Management (NYSE:APO) chief economist Torsten Sløk warned Tuesday that the stock market could face a painful repricing if returns from massive artificial intelligence investment fail to materialize as quickly as investors expect.

Benzinga · Jul 1

'Zero evidence': Apollo's chief economist says AI-related job losses aren't happening

Apollo's chief economist disregards concerns that AI is causing job losses – argues many sectors are seeing huge growth.

TechRadar · Jun 1

Apollo chief economist says there's ‘zero evidence’ AI is killing jobs—in fact, he says it's creating them

Torsten Sløk, chief economist at Apollo, says AI will only create more jobs for human workers—even as companies tie their layoffs to the tech.

Fortune · Jun 1

Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says

Is a U.S. without data centers a country without GDP growth?

Fortune · Oct 7, 2025

Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows

Americans are short on hope about the housing market.

Fortune · Oct 7, 2025

The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says

“The consensus has been wrong since January,” Apollo Global Management chief economist Torsten Sløk wrote on Wednesday.

Fortune · Oct 1, 2025

Here's how many jobs have been lost in sectors affected by tariffs since Trump's trade war started

Across all the tariff-impacted industries, payrolls fell by 90,100 after February—the last pre-trade war month.

Fortune · Sep 8, 2025

Americans say $74,000 a year is the ‘perfect salary.’ But that would make buying a house affordable in only two states

Even doubling that “perfect salary” to $148,000 won’t get you a house in every state.

Fortune · Sep 4, 2025

With market on edge about Friday's jobs report, new data confirms the economy has the fewest job openings in nearly a year

"The U.S. labor market is slowing down," Bank of America Research wrote on Wednesday morning. Then the JOLTS data dropped.

Fortune · Sep 3, 2025

Is A Stock Market Crash Imminent? Bubble Warnings Grow Louder

From meme stock rallies and sky-high call options to trillion-dollar tech valuations, signs of a new stock market bubble are flashing across Wall Street—and this time, the warnings are coming from nearly every corner of the financial world.

Benzinga · Jul 25, 2025