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Catherine BaabQuartz |
From students using ChatGPT to write their essays and professors using it to grade them, the line between using tools and dishonesty is blurring
Japan isn’t biting, but the Trump administration needs 88 more deals in seven days to hit its own deadline
Amid the trade war, a ballooning deficit, and a sharply falling dollar, investors are finally sweating the math
Investors will digest reams of jobs data, plus U.S. beer sales and more. The stock market is closed on July 4th
Spencer Hakimian runs Tolou Capital. But he has become better known for his provocative macroeconomic takes, often shared in real time on social media
Markets rise on hopes for an Israel-Iran ceasefire, even as Trump blurts out that neither country "knows what the f—k they're doing"
All the uncertainty that's been swirling around markets just got a bit more uncertain. Here's what it might mean for stocks, oil, the Fed, and more
Investors will be watching the aftermath of the U.S. attack on Iran, Powell's testimony, an inflation gauge, and earnings from FedEx, Micron, and more
How a tiny volume of Irish drug ingredients is triggering surreal political and economic drama.
While inflation has cooled in recent months, it remains above the Fed’s 2% target and has remained persistently elevated for years
The decision and surrounding reasoning, widely expected by markets, leaves the federal funds target rate at its current range of 4.25% to 4.50%
Elon Musk has been promising robotaxis since at least 2016. Back then, the idea sounded like a bit like science fiction, and Musk’s timeline was —...
Even as fresh trade talks get underway in London, and despite the trade truce struck in early May, Chinese exports to the U.S. are cratering....
Generative AI is breaking the dynamic that built the digital-publishing business.Read more...
The world got richer in 2024 — and in the U.S., new millionaires were minted at a rate of more than 1,000 per day.Read more...
The World Bank has slashed its global growth forecast, warning that President Trump’s tariffs and the resulting political uncertainty are dragging...
Generative AI is breaking the dynamic that built the digital-publishing business.Read more...
Warner Bros. Discovery stock was up almost 10% on Monday morning after management announced that the conglomerate will split into two separate public...
Even as fresh trade talks get underway in London, and despite the trade truce struck in early May, Chinese exports to the U.S. are cratering....
President Donald Trump and Tesla (TSLA) CEO Elon Musk tore into one another on Thursday, as their close alliance collapsed in front of cameras and on...
The economic health of U.S. states varies widely, due to factors such as job growth, income levels, business development, and overall financial...
For the past two years, it’s been a ghost in the machine of American tech.Read more...
Last week, markets closed in the green, with the Dow, S&P 500, and Nasdaq all notching gains amid a bumper crop of political drama. The most...
Short sellers made a killing Thursday as Tesla (TSLA) shares plunged 14%, their steepest single-day drop in over a year, with traders raking in some...
Shares of Lululemon (LULU), the high-end leggings and “technical apparel” retailer, weredown 20% before Friday’s market open, potentially...
Tesla stock is having a rough week. Shares have fallen more than 15% in the last five days, and were down 9% on Thursday alone. Read more...
U.S. employers announced almost 100,000 job cuts in May, up an eye-watering 47% from the same month last year, according to new data released Thursday...
Dollar Tree (DLTR) just joined Dollar General (DG) and Walmart (WMT) in sending a clear signal about the state of the American consumer: When it comes...
For the past two years, it’s been a ghost in the machine of American tech.Read more...
Dollar General just posted a great quarter. That’s good news for the retailer, and for investors enjoying a 9% pop in the stock price. It just might...
The global economy is slowing. In a sharply downgraded forecast released Tuesday, the Organisation for Economic Co-operation and Development warned...
The fragile U.S.-China tariff truce is showing signs of unraveling. Read more...
On a recent Finnair flight from Helsinki to Los Angeles, something felt off. The economy cabin — typically packed with tourists eager to explore...
Demand for Japan’s 40-year government bonds plunged Wednesday to its lowest level since last July, reinforcing fears that appetite for ultra-long...
When Microsoft (MSFT) pulled the plug on planned data centers in Ohio last month and a Wells Fargo (WFC) report suggested Amazon (AMZN) Web Services...
It’s a new month, and investors are heading into it amid fresh inflation data and rising pessimism that’s dominating headlines. With the Fed’s...
U.S. Treasury Secretary Scott Bessent said Thursday that trade negotiations with China are “a bit stalled,” just weeks after both sides declared a...
The $1.50 Costco hot dog — a still point in a turning world, immune to tariffs, inflation, or even Jay Powell — remains the most reliable deal in...
Stocks opened higher Thursday morning after a federal court struck down most of President Donald Trump’s “Liberation Day” tariffs, fueling early...
Across the globe, markets are cheering. Read more...
It’s been a tough spring for many retailers as consumers have worried about a possible recession and grown wary of constantly shifting trade policy....
On Wednesday, demand for Japan’s 40-year government bonds plunged to its lowest level since last July, reinforcing fears that appetite for...
Luxury home sales fell 10% in April from a year earlier, according to new data from Redfin (RDFN).Read more...
Economists at Goldman Sachs (GS) say the new round of U.S. tariffs will give inflation a temporary bump later this year — but expect the effects to...
U.S. stock futures soared Tuesday morning, with the S&P 500 rising about 1.3%, Nasdaq futures gaining 1.4%, and the Dow Jones Industrial Average...
Simplice Fosso opened Slack (CRM) in March and saw a green checkmark next to his team’s name: “✅ automation.” It was small, just an icon and a...
High-income U.S. consumers are pulling back. Mortgage applications are down, Walmart (WMT) is reporting grocery gains from monied households suddenly...
The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all...
Elon Musk thinks Tesla’s (TSLA) Optimus robot will be the “biggest product of all time” now that it can learn new tasks from human...
With the bond-market selloff spooking investors across the board, stocks finished last week in the red. The Dow, Nasdaq, and S&P 500 all fell. Read...
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