Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve chairman, argued on Thursday President Donald Trump’s sweeping tariffs are playing a meaningful role in tackling America’s $38 trillion national debt. In...
Tariff revenues are dramatically falling short of initial White House expectations, generating roughly $100 billion less than projected, according to a recent analysis from Pantheon Macroeconomics. Treasury Secretary Scott Bessent predicted in August that tariffs would raise “well over half...
One of the great debates in leadership is how much managing is too much. Psychologists argue micromanagement is harmful, saying it stifles creativity, dampens motivation, and reduces productivity. But some of the greats in business have shown micromanaging can lead to...
Ray Dalio built the world’s largest hedge fund on cold market logics and macro trend spotting. But when asked what really powered his rise to the top of global finance, he didn’t cite any model or macro insight at all....
Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease fears that an AI bubble was about to pop. Thursday began with a massive rally with the Dow Jones Industrial...
Google CEO Sundar Pichai said AI may be gunning for his job, but he doesn’t seem too worried about it. In an expansive interview with the BBC, the Google boss discussed the rapid development of technology. AI is advancing so swiftly,...
New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after a high-stakes meeting between President Donald Trump and Chinese leader...
Premium credit card users and small merchants could soon feel the effect of a decades-long battle over swipe fees. A newly proposed settlement between Visa and Mastercard could reshape how much merchants—and ultimately, consumers—pay to use their payment networks, while...
Citadel founder and CEO Ken Griffin pointed out how low the success rate is while investing and said one of the attributes that’s needed to work at his hedge fund is knowing how to deal with failure. During a discussion...
The American dream of homeownership, long a symbol of stability, achievement, and upward mobility, is facing unprecedented challenges as the median age of the average first-time homebuyer in the United States has soared to 40 years old, according to newly...
