Why does an independent Fed matter? Just look at Ronald Reagan’s economy with Paul Volcker hiking rates to nearly 20%
President Donald Trump this week called on a Federal Reserve governor to…
30-year mortgage rate holds steady at lowest level in nearly 10 months
The average rate on a 30-year U.S. mortgage held steady this week…
Apple just indirectly boosted the value of its all-in-one subscription service
Paying à la carte, even if you also take advantage of discounted…
Elon Musk tried to court Mark Zuckerberg to help him finance xAI’s attempted $98 billion OpenAI takeover, court filing shows
There’s apparently some truth to the saying, “The enemy of your enemy…
Sam Altman says colleagues are glad he’s a dad now because they think raising a child will help him make ‘better decisions for humanity’
OpenAI CEO Sam Altman says his experience of becoming a father earlier…
Canva’s billionaire founders are minting overnight millionaires with employee share sale
Some past and present Canva employees will soon be overnight millionaires after…
Winter is coming: U.S. will be most vulnerable to a recession late this year and early next as tariff and immigration fallout peak, top economist says
The economy could suffer a brutal winter as President Donald Trump’s tariffs…
China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics
But why is China’s economic data collection so problematic? What do economists…
Markets worldwide start going on a tear after Jerome Powell signals he’s open to a September rate cut
Wall Street responded sharply to Federal Reserve Chair Jerome Powell’s address at…
Dreamworks cofounder Jeffrey Katzenberg joins Kimbal Musk’s drone entertainment company to create a ‘new canvas for storytelling’
Katzenberg believes that drones are poised to redefine entertainment, and he’s teaming…
