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Nick Lichtenberg

Nick Lichtenberg

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Foreign buyers seem to be following Zohran Mamdani’s cue — and fleeing American real estate

Foreign homebuying is near record lows, National Association of Realtors data reveals, and New York isn't even in the top five anymore.

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Fortune

Nick Lichtenberg

LeBron James joins California’s billionaire exodus, but he may not escape the wealth tax

As California billionaires flee to Florida or fund the fight against Prop 40, LeBron's decision adds a new wrinkle to the tax reckoning.

yesterday 1

Fortune

Nick Lichtenberg

Foreign buyers seem to be following Zohran Mamdani’s cue — and fleeing American real estate

Foreign homebuying is near record lows, National Association of Realtors data reveals, and New York isn't even in the top five anymore.

yesterday 0

Fortune

Nick Lichtenberg

The brutal math behind Gen Z’s lonely weekends: $15 drinks are driving a generational ‘spending hangover’

It's a "high intent, low budget" generation, the Harris Poll's Libby Rodney told Fortune. "We call it placing financial regret over FOMO."

yesterday 1

Fortune

Nick Lichtenberg

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

Should how much you pay in taxes determine how much your vote counts? Shopify CEO Tobi Lütke seems to think so.

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Fortune

Nick Lichtenberg

One-third of Seattle’s downtown is empty: Here’s how America’s boomtown turned into one of the toughest places to find a job

What exactly has happened to work in the Emerald City?

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Fortune

Nick Lichtenberg

China is using the steel playbook on AI — and America’s tech billionaires are standing in the blast zone

Scott Galloway thinks it's "modern-day steel dumping." Here's a look at what he means.

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Fortune

Nick Lichtenberg

AI and the ‘skinny hamburger, fat bun’ problem — why the future of work needs to look more like a pizza

Yahoo Finance GM George Leimer led the development of a new investing product, AlphaSpace, and his team has shipped over 100 new features in two...

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Fortune

Nick Lichtenberg

McKinsey: Global households got $40 trillion richer in 2025 as the paper wealth economy swelled to $1.8 quadrillion

That's right, quadrillion with a "Q."

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Fortune

Nick Lichtenberg

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going ‘back to the early 1900s’

NAR deputy chief economist Jessica Lautz sees us going back toward "an older way of living," but only some of us.

25.07.2026 10

Fortune

Nick Lichtenberg

Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet

We've been hearing about doomsday, but Peter McCrory writes we "don’t see significant impact of AI on the U.S. labor market."

24.07.2026 3

Fortune

Nick Lichtenberg

The AI boom’s hidden electricity bill — and why you’re paying it

"The current system lacks adequate mechanisms," Moody's wrote in a report on PJM, the largest power grid operator in the U.S.

24.07.2026 3

Fortune

Nick Lichtenberg

‘You just hired a million bad employees’: How the brief tokenmaxxing era delivered the opposite of what it promised

One exec privately estimated that token spend went from $20k in December to $1 million in July. "We're not throttling back, we don't want people to...

24.07.2026 10

Fortune

Nick Lichtenberg

American homicides on track for lowest level in more than a century: ‘one of the most significant public safety developments in decades’

For some reason, murders are surging in Norfolk, Virginia (64%), and San Francisco (55%).

23.07.2026 5

Fortune

Nick Lichtenberg

Trump dismissed affordability as a word ‘made up by the Democrats’ and promised oil would come ‘tumbling down’—then it hit $100 a barrel

At in his rally, Trump admitted "you may be paying a little bit more" and pleaded for more time, while saying the Iranians "break every deal they...

23.07.2026 6

Fortune

Nick Lichtenberg

‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away

Peter Thiel has called the Giving Pledge an "Epstein-adjacent fake boomer club," but even that Gates and Buffett initiative fails Carnegie's test.

22.07.2026 5

Fortune

Nick Lichtenberg

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

A new Fed measure shows just 22% of adults under 35 actually own their home—not the 37% that the headline number suggests.

22.07.2026 2

Fortune

Nick Lichtenberg

Exclusive: Stanford and ADP have new payroll data on Gen Z women losing ground to men in the job market—and AI isn’t the main culprit

Women's employment grew just 1.3% annually since late 2022 for 22 to 25-year-olds, compared with 2.7% for men, Stanford and ADP found.

22.07.2026 8

Fortune

Nick Lichtenberg

Kalshi’s ‘chronically online’ war room figured out World Cup virality — and realized AI might be bringing back the monoculture

Here's how a 20-person team turned the World Cup into a $24 billion trading moment, and discovered something unexpected about what AI is doing to...

21.07.2026 20

Fortune

Nick Lichtenberg

Exclusive: KPMG and OpenAI bet the future of software is ‘headless’ — and the future of work is mostly talking

"You're going to be talking more than you're typing," KPMG U.S. TMT leader Chad Seiler told Fortune about the future of work.

21.07.2026 10

Fortune

Nick Lichtenberg

‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street

"We're going to look back on this period," the co-founder of Yorkville Ives told Fortune, "and realize this is building the Vegas Strip in 1955."

18.07.2026 10

Fortune

Nick Lichtenberg

Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator

"The Antichrist interests me for several reasons," Thiel writes, "mostly because nobody else is talking about it."

18.07.2026 70

Fortune

Nick Lichtenberg

Musk says he’s blocked from South Africa because he’s white. Amazon just moved in

Amazon's satellite business Leo will launch in 2027 by playing by South Africa's Black-ownership rules — the same law Musk refused to follow.

16.07.2026 10

Fortune

Nick Lichtenberg

Why IBM just suffered its worst stock crash of all time—and what it says about the market’s two bubbles

The earnings behind AI stock may never have been real in the first place.

15.07.2026 4

Fortune

Nick Lichtenberg

Mamdani’s $50 World Cup jersey stunt proves some of the oldest criticisms of socialism correct: ‘The odds are extremely stacked against you’

Democratic socialism stresses "affordability," but is a $50 World Cup jersey that almost nobody can buy really affordable?

15.07.2026 5

Fortune

Nick Lichtenberg

Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data

Elsie Peng's research draws an uncomfortable parallel to the PC revolution: productivity gains took 15 years to materialize last time.

14.07.2026 5

Fortune

Nick Lichtenberg

‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI

Will AI take your job, or is it a bunch of hype? We must act now to understand what's out there, over 200 economists and 16 Nobel laureates say.

13.07.2026 5

Fortune

Nick Lichtenberg

A Yale professor says America is now an ‘oldigarchy’—and Boomers on LinkedIn are enraged

Yale professor Samuel Moyn says “the rich today are old, to an astonishing extent”—and his new book, "Gerontocracy in America," makes the case.

12.07.2026 20

Fortune

Nick Lichtenberg

‘The first time ever in my career’: Senior Citi executive on why the ultrawealthy want to diversify away from America

They're not leaving the U.S. entirely, Citigroup's Darlene Patterson told Fortune. "They're just looking for more lifestyle enhancement, optionality."

11.07.2026 20

Fortune

Nick Lichtenberg

Ken Griffin says everyone is misinterpreting the AI revolution — and wishes Zohran and Bernie would ‘read a damn history book for once’

"We intend to be here for decades," Griffin told Goldman Sachs of his relationship with the mayor. "And he will be here for a few years."

09.07.2026 10

Fortune

Nick Lichtenberg

Gen Z was ‘jaded about employment before we ever entered the workforce’—now psychologists say the stare has hardened into something worse

The children of the Great Recession's foreclosure crisis are at risk of foreclosing on themselves.

06.07.2026 20

Fortune

Nick Lichtenberg

The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’

"I was having a conversation this weekend with Claude and it was a pretty in-depth conversation," W.J. Werzyn told Fortune. And then it hallucinated.

05.07.2026 10

Fortune

Nick Lichtenberg

The World Cup is just now discovering Middle America’s big heart. These Irish bingo kingpins built a $24 million business knowing it all along

Craig Reynolds and Will Meara launched Bingo Loco in a Dublin basement in 2017. Nine years later, Locomotive sells a million tickets a year in 300...

04.07.2026 20

Fortune

Nick Lichtenberg

‘We are in a new era’: Trump’s bombshell $2.2 billion income haul, the ‘Big Player Theory’ and what happens when the president becomes the bubble

In the age of artificial intelligence, Syracuse University's Robert Koppl, progenitor of "big player theory," told Fortune, we have "augmented...

03.07.2026 20

Fortune

Nick Lichtenberg

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

Zillennials dodged two recessions and learned two technological languages. Now they're out-earning everyone.

03.07.2026 20

Fortune

Nick Lichtenberg

‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework

Chief economists and CIOs sounded gloomy notes. LPL Financial's Jeffrey Roach calculated that 105.8 million Americans have left the labor market.

02.07.2026 10

Fortune

Nick Lichtenberg

A truck-bed coating company, a UFC birthday party, and an algae bloom: Inside Trump’s $14 million Reflecting Pool fiasco

Trump used an unproven tool on the White House reflecting pool and turned it into a toxic mess — here's what's going on.

02.07.2026 9

Fortune

Nick Lichtenberg

‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall — they’re shocked but not surprised

"It's all heinous," former ethics czar Norm Eisen said. "You can anticipate that we'll be looking at legal remedies for this startling state of...

02.07.2026 10

Fortune

Nick Lichtenberg

America added more than 1,200 millionaires per day in 2025, but the heyday of the ‘everyday millionaire’ is already over

The stock market made a record number of people millionaires in 2025. But the real wealth action was happening one tier up.

30.06.2026 10

Fortune

Nick Lichtenberg

What the world learned from the American century: The global wealth pyramid turns into a fat diamond spinning top

Henry Luce founded this magazine and coined "the American Century." He was right for 60 years.

30.06.2026 8

Fortune

Nick Lichtenberg

The central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning

The Bank for International Settlements draws an explicit parallel to the dotcom crash and railway mania, but the stakes are bigger now.

29.06.2026 70

Fortune

Nick Lichtenberg

The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

It's not just the Jevons Paradox — it's also the lump of labor fallacy. But there's no God-given right for entry-level work to exist.

29.06.2026 20

Fortune

Nick Lichtenberg

Harvard’s housing report has a darker message than affordability—the middle-class home was always a historical accident

Harvard's U.S. housing report points to an uncomfortable conclusion: homeownership is no longer something you earn. It's something you inherit.

29.06.2026 70

Fortune

Nick Lichtenberg

More than a club: how Paris Saint-Germain took inspiration from the Barcelona slogan and the New York Yankees cap to create a global business brand

Barcelona FC calls itself "més que un club," but at PSG's La Maison in New York, you are in a Parisian state of mind. "Ici, c'est Paris."

28.06.2026 20

Fortune

Nick Lichtenberg

‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts

Stanford's Erik Brynjolfsson is partnering with ADP's Nela Richardson on a live dashboard tracking what they found last summer: AI is eating...

27.06.2026 10

Fortune

Nick Lichtenberg

A Brookings paper just accidentally explained Zohran Mamdani

The headline finding was almost an afterthought: 62 of the 100 most AI-exposed counties in the United States voted Democratic in 2024.

26.06.2026 10

Fortune

Nick Lichtenberg

Snap’s Evan Spiegel joins MacKenzie Scott in the billionaire race to erase medical debt—wiping out $550 million for 260,000 Californians

The Snap co-founder's donation to Undue Medical Debt is the latest sign that high-leverage debt relief philanthropy is becoming a defining cause.

26.06.2026 20

Fortune

Nick Lichtenberg

Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire

A national debt, fading empire and military victory that wasn't: Has America met its Suez Crisis with the Hormuz affair?

26.06.2026 70

Fortune

Nick Lichtenberg

Everyone agrees that you hate AI, but only Mark Cuban sees why Silicon Valley is powerless to fix it

"The big LLMs have lost the PR battle," Cuban said. "Why? Because they all suck at putting people first."

26.06.2026 50

Fortune

Nick Lichtenberg

Merlin the Duck was allowed inside Mexico City’s Azteca Stadium, but only to film a commercial

In two weeks, a 2-year-old duck from Mexico City went from street vendor sidekick to presidential guest to trademark defendant.

25.06.2026 10

Fortune

Nick Lichtenberg