S&P 500 will return just 3% a year for the next decade, top strategist warns
Rob Arnott warns that shareholders in U.S. big-caps will make one-fifth the returns over the next 10 years they pocketed since 2016, and those meager gains will barely edge the…
Venezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
As the Iran war drags deeper into its third week, one seemingly obvious solution for more energy is crude oil from Venezuela after the Trump administration seized former leader Nicolás…
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of the American economy than it does fast food.To address this…
A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work
When Changhan Kim, CEO of the South Korean gaming company Krafton, decided he needed a way out of a costly acquisition deal, he didn’t call his lawyers—he opened ChatGPT. The…
Boards protected CEO bonuses as tariffs threatened business. Now, as Iran disrupts trade, CEOs may get more protection
At the end of the fiscal year, Cook and his team delivered lights-out, extraordinary results anyway, not only blowing past the lackluster bar set by the board, but handily surpassing…
Stocks haven’t hit bottom yet, says the analyst who called a ‘rolling recession’ when everyone else saw a boom
Morgan Stanley’s Mike Wilson spent years insisting a “rolling recession” was hiding in plain sight while Wall Street celebrated what appeared to be a boom. Now he’s back with another…
ServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation
Fortune reached out to ServiceNow for comment. Even industries that are famous for plucking young, spry talent right out of college and putting them in high-paying jobs are reeling back. source
AI is making productivity obsolete. The leaders who thrive next will have something machines can’t touch
For most of modern history, human worth was measured by output — how much you produced, how fast you moved, how efficiently you performed. The modern economy was built on…
Mark Zuckerberg is poised to finish what Jack Dorsey started: a ‘cascade’ of AI-related layoffs across the tech sector, top tech analyst says
The math alone is striking. Even at a 20% headcount reduction, Shmulik estimates Meta could realize $2 billion to $4 billion in cost savings this year and $5 billion to…
Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you’re $3,000 richer
The richest person in the world and the most well-known person leading the cause against creating more people like him have many differing views on taxing the ultrawealthy. But now,…
