Wall Street is once again banking on the TACO trade because they’ve been ‘burned’ by believing Trump before
At the time of writing, the VIX volatility index is up 27% over the past five days, its highest since April last year when the Oval Office announced sweeping tariffs…
If you want to be financially independent at a young age, don’t buy a house, serial investor says. Home ownership is just an ‘expensive indulgence’
Considering home prices are 50% higher than before the pandemic; mortgage rates remain stubbornly high in the 6% range; and everything feels more expensive thanks to inflation and tariffs, home…
At Davos, AI hype gives way to focus on ROI
Hello and welcome to Eye on AI. In this edition….a dispatch from Davos…OpenAI ‘on track’ for device launch in 2026…Anthropic CEO on China chip sales…and is Claude Code Anthropic’s ChatGPT…
The wealthy kids of property-rich U.K. parents get the highest-paying jobs, especially sons—and new research has revealed why
To put the wealth divide into perspective, the study found that for every £100,000 ($133,800) of extra property the wealthy parents had, the children were £15,000 ($20,000) better off in…
What Walmart’s CEO succession reveals about the smartest time to exit
There’s no such thing as a silver medal in a CEO succession race.The sequence was swift, orderly, and entirely unsurprising to those who study corporate succession. Boards rarely say it…
Trump may name Jerome Powell’s replacement at Davos: Meet the top 4 candidates for Fed Chair
Between the usual panels and the buzzier geopolitical debates grabbing headlines, the annual World Economic Forum in Davos, Switzerland, is playing host to a high-stakes drama: who will emerge as…
NATO vs. ‘TACO’ trade: Dow futures tumble 400 points on Trump’s latest tariffs while Wall Street hopes for de-escalation at Davos
U.S. stock futures dropped late Monday after global equities sold off as President Donald Trump launches a trade war against NATO allies over his Greenland ambitions.Futures tied to the Dow Jones industrial…
This CEO has a ‘1950s family structure in reverse’—her husband does the child care, cooking and cleaning: ‘I do the making money and paying taxes’
Rather than adhering to a tightly scripted daily schedule, Antonoff’s workdays are best described as “organic”—shaped less by the clock than by the flow of the month.“I really think about…
Pinterest CEO: the Napster phase of AI needs to end
In a few short years, artificial intelligence has transformed from what many viewed as a moonshot to the source of countless real-world benefits.You don’t need to be a company with…
The curious case of the ICE pastor as Minnesota protesters disrupt church services and DOJ launches investigation
The U.S. Department of Justice said Sunday it is investigating a group of protesters in Minnesota who disrupted services at a church where a local official with U.S. Immigration and…
