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Jason MaFortune |
"For inference, the latest hardware helps but is often not essential, so chip quantity can substitute for cutting-edge quality."

Warsh now has a 47% probability, up from 39% on Sunday, according to Kalshi. Hassett has fallen to 41%, down from 51% on Sunday and 81% on Dec. 3.

"It's not a dramatic improvement, but it's the start of the new era."

"I cannot tell you how that’s going to equate to the voter, all I can do is do my job.”

"His opinion matters if it's good, if it's based on data," Hassett said.

Nearly half the bankers surveyed see forced sales or liquidations of farm assets owned by financially distressed farmers rising in the next three to...

"And somehow he sort of mostly manages to pull off what appears to be impossible."

"But as I said, this one has more legs in the sense that there are more things that are happening that throw doubt on how fast or how profitable all...

"If I'm reading this properly, they just Trump-proofed the Fed."

"I think that's extraordinarily powerful news for us to recognize that this isn't just left-leaning buyers," Rivian CEO RJ Scaringe.

"A business is trying to get more customers. They're trying to manage their customers, sell them more services."

Speaking at the Fortune Brainstorm AI conference, Google Cloud boss Thomas Kurian discussed how the company thinks about energy and data centers.

The most widely cited concern by billionaires was tariffs, with 66% saying it will most likely harm market conditions over the coming year.

"These results suggest that congressional leaders may not only trade on privileged knowledge, but also shape policy outcomes to enrich themselves."

"It will be difficult for Powell to send a credibly hawkish signal at the press conference," analysts at Bank of America said in a note.

"For the most part, AI is going to do great stuff for mankind, like tractors did, like fertilizers did, like vaccines did."

"Eventually, in the unforeseeable future, austerity may be the most likely of the six possible outcomes."

"A fresh generation of billionaires is steadily emerging," UBS said.

"A Netflix merger with Warner Bros. would create a monopsony problem: too few buyers with too much bargaining power."

“It was an MBA course and film school all wrapped up into one for me,” he said.

A Politico poll found that 37% of Americans who voted for Trump in 2024 believe the cost of living is the worst they can ever remember.

"The S&P 500 would need to rise by just 2.2% to reach 7,000. That could happen this coming week, in our view."

Americans who have earned college degrees flipped, with only 46% now saying that obtaining one is worth the cost versus 63% in 2013.

"For those priced out of the housing market, gambling on improbable but potentially transformative gains may appear rational, particularly among...

Deutsche Bank predicted the S&P 500 will finish next year at 8,000, representing a 17% jump from Friday's close.

While the value of Chinese ball-bearing exports to Russia jumped by 76% from 2021 to 2024, the quantity of exports actually dropped by 13%.

"If the crisis threshold—the floor below which families cannot function—is honestly updated to current spending patterns, it lands at $140,000."

"Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead."

"Many top earners say people assume they can afford it all, yet behind the image of success are quiet sacrifices: skipped purchases, delayed plans,...

"But, the principles of DOGE remain alive and well: de-regulation; eliminating fraud, waste and abuse; re-shaping the federal workforce; making...

"Home values surged over the past six years, and the vast majority of homeowners still have significant equity. What we're seeing now is a...

"It's possible that the rout in bitcoin is forcing some investors to sell stocks that they own."

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.

“Sometimes you just have to ask people: ‘Hey, let’s maybe go back to an era where we didn’t wear our pajamas to the airport?’”

"Food prices also weigh heavily on consumers' inflation psychology, not to mention their sentiment."

"But, like it or not, voters are demanding short-term price relief, and temporary price controls may be the only viable way to provide it."

"I promise you the president is laser focused on this," Oz said. "It's the main thing I talk with him about."

"Families are going to see $10-a-pound ground beef in the grocery store."

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions."

Berkshire Hathaway revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during the third...

"The door hasn’t closed yet for U.S. soybeans, but we’re getting very close to that point."

As Americans observe Veterans Day, here's a look at current Fortune 500 CEOs who have served in the military.

"The $2,000 dividend could come in lots of forms, in lots of ways," Bessent said.

"While a relatively small share of the national population gets their coverage through the ACA Marketplaces, in some districts, the number of ACA...

The breakthrough comes Transportation Secretary Scott Duffy has issued dire warnings about air travel ahead of Thanksgiving.

"Listen, many of them are not going to be able to get on an airplane, because there are not going to be that many flights that fly unless this thing...

"But make no mistake, how much you pay at the cash register is going to determine who you vote for in these elections."

"Capitalism is not working for a lot of people in New York City. It’s not working for young people."

"One key exception: consumers with the largest tercile of stock holdings posted a notable 11% increase in sentiment, supported by continued strength...

"The more likely scenarios would all have Thomas, Alito, and Gorsuch voting to strike down the IEEPA tariffs or to curtail them, in our view."
