menu_open Columnists
Nick Lichtenberg

Nick Lichtenberg

__Business Insider

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Netflix would be ‘killing three birds with one stone’ by buying Warner Bros. Discovery, BofA says

The global media industry is standing at the edge of a “historic transformation,” with Warner Bros. Discovery at the “epicenter,” Bank of...

latest 5

Fortune

Nick Lichtenberg

The man behind Google Meet went from being ‘the only Indian kid in my class’ to connecting 3 billion users worldwide. He test-drives the product every day

When Awaneesh Verma was a kid, he liked the idea of meeting people in different cultures and them truly understanding each other. He had no idea.

previous day 8

Fortune

Nick Lichtenberg

Tim Wu knows where you got your ‘economic resentment’ and that ‘weird feeling of something you like getting worse’: It’s ‘the age of extraction’

"My understanding of America is that it's the place where things are supposed to get better," said the "net neutrality" and "attention economy"...

previous day 10

Fortune

Nick Lichtenberg

Carmelo Anthony reflects on Hall of Fame career, investing wins and passing on Google and crypto: ‘That’s another one I should have went with my gut on’

The NBA legend talked to Fortune about his business career, his investments, NIL rights and more: "Now, I don't think these kids really enjoy that...

28.11.2025 9

Fortune

Nick Lichtenberg

This founder dropped out of college at 20 to become his own boss. His journey to profitability included Shaolin monks and Ironman competition

Gustas Germanavicius, one of Lithuania's top ironmen, told Fortune what he learned from his time in Shaolin: "no pain, no gain" and "practice makes...

27.11.2025 10

Fortune

Nick Lichtenberg

OpenAI won’t make money by 2030 and still needs to come up with another $207 billion to power its growth plans, HSBC estimates

What company has a consumer base representing 44% of the world’s adult population and a $620 billion data center bill? OpenAI five years from now.

27.11.2025 10

Fortune

Nick Lichtenberg

Americans can’t agree on what ‘middle class’ means anymore, and they’re debating it in the comments of TikTok home tours

The "average" or "normal" home tour is fascinating, even dividing, thousands of Americans on TikTok who can't agree on social class.

27.11.2025 3

Fortune

Nick Lichtenberg

Markets wipe $250 billion off Nvidia as they digest Google’s revenge, with Gemini 3 emerging as ‘current state of the art’

What if AI’s version of Google turns out to be…Google?

26.11.2025 10

Fortune

Nick Lichtenberg

McKinsey explains why AI won’t take your job, even though it can already automate 57% of all U.S. work hours

The fastest-growing skill in U.S. job listings is "AI fluency," seeing a sevenfold increase in two years.

25.11.2025 3

Fortune

Nick Lichtenberg

The analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame

Albert Edwards says Zohran Mamdani’s policies are “lunacy,” but big companies “laid the seeds for their own destruction.”

25.11.2025 6

Fortune

Nick Lichtenberg

Novo Nordisk stock trades at 4-year-low on the back of disappointing Alzheimer’s trial

The stock of the Wegovy and Ozempic maker is down nearly 50% year to date.

25.11.2025 2

Fortune

Nick Lichtenberg

‘There’s only so much you can absorb from the tariffs, because they’re just very high’: Levi’s CEO states the plain truth

Levi’s CEO Michelle Gass spoke to McKinsey and Business of Fashion for its 10th “State of Fashion” report. It’s a “relationship business,” she said.

25.11.2025 4

Fortune

Nick Lichtenberg

Trump’s gambit to save Republicans from a giant health insurance spike comes with a $50 billion price tag, CRFB estimates

The $38 trillion national debt, which always seems to be growing, could expand even further if Trump extends ACA subsidies, as reports indicate.

25.11.2025 10

Fortune

Nick Lichtenberg

Warren Buffett’s exit is ‘leadership at its most selfless,’ McKinsey CEO whisperer says. It’s a powerful lesson in Fortune 500 succession

Carolyn Dewar told Fortune that CEO succession is so difficult that Intuit's Brad Smith invited Steve Young in to talk about succeeding Joe Montana.

22.11.2025 8

Fortune

Nick Lichtenberg

Trump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates

The Congressional Budget Office is projecting $2.5 trillion of deficit reduction over 11 years, down from its $3.3 trillion projection in August.

21.11.2025 10

Fortune

Nick Lichtenberg

Gen Z men are flocking to quarter-zip pullovers—they’re trying to fake it until they make it in a job market stacked against them

A rallying cry for a generation struggling to find entry-level work: “It’s straight quarter-zips and matchas around here.”

21.11.2025 9

Fortune

Nick Lichtenberg

One of the world’s most popular economists on why AI is ‘undoubtedly going to crash,’ it’s built off ‘digital lettuce’—and the U.S. will be just fine anyway

Irish economist David McWilliams is taking his "History of Money" to America: "You kind of feel the boominess of the place, right?" he told Fortune.

20.11.2025 10

Fortune

Nick Lichtenberg

‘Bond King’ Jeffrey Gundlach warns of the next financial crisis: ‘It has the same trappings as subprime mortgage repackaging in 2006’

The billionaire founder of DoubleLine Capital is also convinced the $38 trillion national debt will be addressed before 2030: "something has to...

19.11.2025 5

Fortune

Nick Lichtenberg

Investment alarm bells ring: For the first time in 20 years, AI bubble fears have fund managers saying companies are overdoing it

Even Wall Street thinks this has gone too far. Some 202 panelists managing $550 billion in AUM are raising a concern unseen since 2005, according to...

18.11.2025 10

Fortune

Nick Lichtenberg

Top analyst sees ‘genuine cracks for mid- to lower-end consumers’ as the K-shaped economy continues to bite

Mid- to lower-income households are struggling with an "affordability crisis," notes Lisa Shalett of Morgan Stanley Wealth Management. Credit stress...

18.11.2025 10

Fortune

Nick Lichtenberg

Goldman says the stock market has already priced in the AI boom, with $19 trillion of market value running ahead of actual economic impact so far

"Past innovation-driven booms—like the 1920s and in the 1990s—have led the market to overpay for future profits even though the underlying...

18.11.2025 20

Fortune

Nick Lichtenberg

Why ‘affordability’ is every politicians’ nightmare: The anger that gets you elected and refuses to go away

The Fed measures inflation "at the time it's felt by the consumer," The Amherst Group's Sean Dobson told Fortune, different from measuring...

16.11.2025 10

Fortune

Nick Lichtenberg

McKinsey studied the most successful Fortune 500 CEOs and found they share one similar trait

Carolyn Dewar and Kurt Strovink of McKinsey's CEO Practice talked to 200 leaders including Jamie Dimon, Michael Dell and Larry Fink. They saw...

16.11.2025 10

Fortune

Nick Lichtenberg

‘We’ve probably made housing unaffordable for a whole generation of Americans’: top real-estate CEO on the real cost of Covid economic firefighting

"Affordability has probably never been as bad as it is today,” said Amherst's Sean Dobson. "You've got to be very, very careful."

15.11.2025 30

Fortune

Nick Lichtenberg

Trump’s tariffs are a $29 billion tax on Americans’ holiday shopping bills, Lending Tree says

The tariff regime will cost you an extra $132 for gifts this year, which could have "a real impact on many families," LendingTree's Matt Schulz says.

14.11.2025 2

Fortune

Nick Lichtenberg

Walmart CEO Doug McMillon to retire at 59 years old

John Furner, currently head of Walmart’s U.S. operations, will succeed McMillon as president and chief executive officer starting February 1, 2026.

14.11.2025 9

Fortune

Nick Lichtenberg

Delta CEO slams ‘inexcusable’ shutdown that led to canceled flights and workers doing high-stress jobs without pay

"There was stress, there was strain, it was completely unnecessary," Ed Bastian told Yahoo Finance's Brian Sozzi.

14.11.2025 20

Fortune

Nick Lichtenberg

Top economist Mohamed El-Erian warns the AI bubble will ‘end in tears’ and credit ‘cockroaches’ abound

El-Erian argued that AI is a "rational bubble," but some have gone "beyond their comfort zone and beyond their ability to do due diligence."

14.11.2025 8

Fortune

Nick Lichtenberg

BofA cites ‘favorable protein economics’ in the chicken restaurant segment with the race afoot to corner the $67 billion market

Analysts Sara Senatore and Isaiah Austin also highlighted "menu versatility," as chicken lends itself to both quick-service restaurants and fast...

13.11.2025 2

Fortune

Nick Lichtenberg

‘The tariffs are a big tax increase’: Top bank crunches the numbers on how much Americans are paying for Trump’s trade regime

"A decent chunk of the economy is in recession," according to UBS economists.

13.11.2025 30

Fortune

Nick Lichtenberg

IEA heralds ‘the Age of Electricity’ while warning that oil may not peak in 2030 after all

The International Energy Agency’s World Energy Outlook still sees a pathway to mitigage "the most severe risks from climate change."

12.11.2025 2

Fortune

Nick Lichtenberg

The shutdown ‘accomplished nothing and caused significant harm’ to many people, budget watchdog says, giving ‘new meaning to fiscal irresponsibility’

"It's hard to imagine the bar for dysfunctional government getting any lower than it is right now," said the Committee for a Responsible Federal...

12.11.2025 2

Fortune

Nick Lichtenberg

Trump’s 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates

Is an extra $119 per month worth another 20 years of borrowing?

12.11.2025 6

Fortune

Nick Lichtenberg

Trump calls his 50-year mortgage idea ‘not even a big deal’ while insisting ‘the economy is the strongest it’s ever been’

"It might help a little bit," Trump said of the 50-year mortgage plan, which has no details attached yet. His housing director called it a...

11.11.2025 2

Fortune

Nick Lichtenberg

Goldman CEO David Solomon warns ‘there will be a reckoning’ around the $38 trillion national debt

On the debt growing from $7 trillion to $38 trillion in just five years, Solomon said "it doesn't seem like we have the ability to pull it back."

11.11.2025 3

Fortune

Nick Lichtenberg

Trump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns

“If tariff dividends are paid annually, deficits would increase by $6 trillion over ten years,” per the Committee for a Responsible Federal Budget.

11.11.2025 30

Fortune

Nick Lichtenberg

Scott Galloway warns of ‘nowhere to hide’ in markets if the OpenAI story unravels

"If the music stops, there's not only not any chairs, there's like hot coals they're all going to sit on. It's going to be ugly."

10.11.2025 2

Fortune

Nick Lichtenberg

‘Yikes’: Top investment bank looks under the hood of the economy and finds ‘the labor market doesn’t look that good’

We've heard the labor market is in a "low-hire, low-fire" kind of environment. The "low hire" part seems to be true, the other not so much.

10.11.2025 2

Fortune

Nick Lichtenberg

Move over, 30-year mortgage. The Trump White House is working on a 50-year option to break the housing market gridlock

FHFA Director Bill Pulte confirmed Saturday, “We are indeed working on The 50-year Mortgage – a complete game changer."

09.11.2025 4

Fortune

Nick Lichtenberg

‘Living and working in Florida is like being in a toxic relationship,’ but the Northeast shows jarring differences, real estate founder says

"It's like having a multiple personality disorder" to see bidding wars in Long Island and discounts in Miami, Erin Sykes said.

08.11.2025 10

Fortune

Nick Lichtenberg

Trump’s housing chief calls Jerome Powell a ‘maniac’ who is ‘deranged,’ arguing high mortgage rates are ‘really hurting people’

Speaking at the ResiDay conference, Bill Pulte said President Donadld Trump avoids D.C. groupthink, but "these other people, like Powell, they've lost...

07.11.2025 4

Fortune

Nick Lichtenberg

The housing affordability crisis is so bad that the average American first-time homebuyer is 40 years old

As ResiClub editor Lance Lambert puts it, the first-time homebuyer in 2025 is just as close to taking Social Security as to graduating from high...

07.11.2025 6

Fortune

Nick Lichtenberg

An apology to Gen Z, from the Harvard scholar behind ‘Bowling Alone’ book: ‘You didn’t cause the problem, we caused this problem’

Robert Putnam famously diagnosed America as "bowling alone" 25 years ago. Things have just gotten lonelier—and Trumpier—since.

06.11.2025 1

Fortune

Nick Lichtenberg

‘Anxious Generation’ author warns Gen Z’s brains are ‘growing around their phones’ the way a tree warps around a tombstone

Speaking at a Dartmouth symposium on mental health, NYU professor Jonathan Haidt discussed his research on “the Great Rewiring.”

06.11.2025 7

Fortune

Nick Lichtenberg

Corporate America is trying to tell us something about the economy, top analyst says: A 3-year recession for ‘much of the private economy’ ended in April

Morgan Stanley’s Mike Wilson was a lonely voice on Wall Street calling a “rolling recession” when others saw a boom. Now he sees a “rolling recovery.”

05.11.2025 2

Fortune

Nick Lichtenberg

A top analyst warned of a ‘prisoner’s dilemma’ and ‘AI wobble’ in the stock market just days before Palantir seemed to confirm everyone’s fears

"Is there going to be an AI wobble at some point?" Tony Yoseloff told Goldman Sachs. "There's a little bit of a prisoner's dilemma, let's call it."

05.11.2025 3

Fortune

Nick Lichtenberg

Gen Z dreams of a ‘Ralph Lauren Christmas’ in a dollar store American economy

A “Ralph Lauren Christmas” doesn’t have to be sourced from a Ralph Lauren store. It’s more a state of mind, and it’s more popular than ever.

05.11.2025 3

Fortune

Nick Lichtenberg

Trump’s tariff revenue is soaring off a ‘significant increase,’ budget watchdog says—but the $38 trillion national debt still looms

Despite this surge in tariff revenue, the deficit still totaled $1.8 trillion roughly 6% of GDP. And if the Supreme Court strikes the tariffs down...

04.11.2025 2

Fortune

Nick Lichtenberg

A risky mortgage instrument that helped spark the Great Financial Crisis is on the rise again. It’s a gamble on the Fed’s future direction

Before the crash of 2008, a decline in home prices was inconceivable to the market. Is the modern equivalent a Federal rate hike?

04.11.2025 2

Fortune

Nick Lichtenberg

Trump’s seemingly offhand reference to a ‘G2’ hands status to China that it’s been seeking for years

Among other things, it prompted an Indian news service journalist to ask the Chinese Foreign Ministry if there was work to officially create such a...

04.11.2025 3

Fortune

Nick Lichtenberg