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![]() Jason MaFortune |
“AI better deliver for the U.S., or its economy and markets will lose the one leg they are now standing on,” warns Ruchir Sharma of Rockefeller...
Takaichi favors looser fiscal and monetary policies, raising expectations that Tokyo will issue more debt while the central bank rethinks rate hikes.
“Our big year won’t be really next year—it’ll be the year after,” Trump told reporters recently.
"And by broadening the concept to fixing and moving as well as making things, I think it becomes a more plausible and a more inclusive concept."
"Legal experts point out that none of Trump’s three appointed justices is distinctively 'Trumpy,' and they have been less predictable than...
“I hope that everybody recognizes now that there is a hybrid war, and one day it’s Poland, the other day it’s Denmark and next week, it will...
In the second quarter, there were 93 bankruptcy filings, up from 88 in the first quarter and nearly double the 47 at the end of 2024.
Another key difference between now and the earlier boom-bust era is that the Federal Reserve is lowering rates instead of raising them.
"What is becoming increasingly clear though is that firms are responding to U.S. tariffs by stepping up production in their U.S. subsidiaries."
“Our position is not a negotiating tactic. It is objectively and realistically not a level we are able to handle. We are not able to pay $350...
"That all creates chaos. It could create what we call a fatal funnel trying to drive people towards one location."
"Citizens will be on their best behavior because we are constantly recording and reporting everything that's going on," Ellison said last year.
The September jobs report is expected to show a payroll gain of 45,000, up from 22,000 in the prior month, with the unemployment rate holding steady...
But "the typical dollar in self-employment does not come from the typical self-employed individual," according to a Minneapolis Fed study.
“A lot of buyers are hesitating because they’re worried about potentially losing their jobs, losing money in their stock portfolio, and the...
Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.
"This is crazy. I mean, the number's got to be wrong. It doesn't make any sense."
“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show...
The S&P 500 is now up 13% year to date and the Nasdaq is up 17%. Meanwhile, the DAX stock market index in Germany is up 19% so far this year.
Before Trump took the stage to address the crowd, Musk went up to the president where he was sitting and sat down in an empty seat next to him.
The percentage of Americans with a bachelor’s degree or higher is now 37.5%, up from 25.6% in 2000.
"And I'll fight any attempt by the government to get involved with speech, I will fight."
"This is NOT an annual fee," White House press secretary Karoline Leavitt said. "It’s a one-time fee that applies only to the petition."
The internet was already lighting up with users sharing screenshots of canceled subscriptions to Disney-owned streaming services or canceled vacations...
"Their actions demonstrate integrity, commitment to the Fed’s mission and the importance of sustaining the central bank’s independence."
A survey from the National Corn Growers Association showed that 46% believe the U.S. is on the brink of a farm crisis, and another 33% said maybe.
During a gathering of top CEOs organized by the Yale School of Management, 62% said they don't plan to invest more in U.S. manufacturing and...
"This highlights another long-term trend: New innovations are contributing more quickly to overall productivity growth."
While there is little doubt about the outcome of the Fed meeting, there are still questions over who exactly will be voting.
Moody’s own leading economic indicator that uses machine learning has estimated the odds of a recession in the next 12 months are now at 48%.
"I can't emphasize enough the damage that social media and the internet is doing to all of us, those dopamine hits."
"The fact that the 30-year Treasury yield didn’t fall immediately is weird and worrying. It took very weak payrolls to finally do that."
A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical...
"Obviously nobody wants a recession. But also in the context of Fed independence, they really don't want to get blamed for going into a downturn...
On Thursday, the consumer price index is due, and Wall Street sees a 0.3% gain, accelerating from the 0.2% pace a month earlier.
"Since the beginning of the year, the economy has created a paltry 600k jobs, but without the job growth in these industries, there would be zero job...
"This alone would raise further concerns about the fiscal outlook and likely push bond yields higher."
The average rate on the 30-year fixed mortgage sank 16 basis points on Friday to 6.29%, according to Mortgage Daily News.
Air Canada restarted operations on Aug. 19 after reaching an agreement with the union for 10,000 flight attendants to end a strike that disrupted...
"So could they play catch-up? Yes, they could. Hopefully they will, but it's a more risky operation than a lot of people expect it to be."
"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad."
Among service companies in the New York–northern New Jersey region that are using AI, 35% said they are retraining their workers, up from 24% last...
"Now that most mental effort tied to writing is optional, we need new ways to require the work necessary for learning."
Navarro said the dissenting opinion in favor of the tariffs should give the White House a strong argument before the Supreme Court.
"A sharp upward repricing of the term premium for longer-dated bonds could force Congress back into a reform mindset."
"Prices continue to drop and at the same time our farmers are paying significantly more for inputs and equipment."
"Now, American housing wealth has actually declined in inflation-adjusted terms over the past year—a notable erosion that reflects the market's new...
There have been three occasions when a vote on the FOMC passed by a one-vote majority, though the last time it occurred was in 1973.
The 7-4 ruling won't take effect until Oct. 14, as the court sought to give the Trump administration time to appeal to the Supreme Court.
The Fed officials will likely circle the wagons as they seek to protect the central bank's independence.