Key Takeaways Friday’s job market report is expected to show a gain of around 90,000. The Federal Reserve is due to release its “beige book” survey of economic conditions, likely to show an expanding economy facing the headwinds of inflation. As the conflict with Iran enters another month, there is … Source: usnews.com

The artificial-intelligence capex boom is fueling gains for South Korea and Taiwan and rewiring the region’s growth model. Source: bloomberg.com

India’s factory output grew 4.9% in April from a year earlier under a revised data series designed to better reflect structural changes in Asia’s third-largest economy. Source: bloomberg.com

Gigascale is focusing on where constraints are “most acute,” like clean energy, automation, grid infrastructure, and supply chains to support them. Source: axios.com

Mohamed El-Erian, The Wharton School Rene Kern professor and Allianz chief economic advisor, joins ‘Squawk Box’ to discuss the future of the Federal Reserve, latest market trends, state of the economy, impact of AI, and more. Source: cnbc.com

The country’s center-left has stayed in power by engineering an economic boom. But the boom has created problems of its own. Source: theatlantic.com