‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy
Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already living on the financial edge,”...
Databricks CEO Ali Ghodsi says his company will be worth $1 trillion by doing these three things
Ali Ghodsi, the CEO and cofounder of data intelligence company Databricks, is betting his privately held startup can be the latest addition to...
Physical AI robots will automate ‘large sections’ of factory work in the next decade, Arm CEO says
AI-powered humanoid robots could take over large sections of factory work within the next five to 10 years, transforming the manufacturing industry, predicts...
CoreWeave CEO: Despite see-sawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing
CoreWeave has been rocked by dizzying stock swings—with its stock currently trading 52% below its post-IPO high—and a frequent target of market commentators,...
New contract shows Palantir is working on a tech platform for another federal agency that works with ICE
Palantir, the artificial intelligence and data analytics company, has quietly started working on a tech platform for a federal immigration agency that has...
Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve chair, argued on Thursday that...
‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida
Escape From New York isn’t just the title of a 1981 pulp classic starring Kurt Russell. It’s what Westchester County and Florida realtors...
Rich people are flooding dollar stores as Americans navigate a crushing affordability crisis
Something unusual is happening at Dollar Tree: The discount retailer said this week that of the 3 million new households that shopped its...
America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity
Gen Z has a message for America: We don’t trust you. A long-running poll conducted by the Harvard Kennedy School, considered the “gold...
AT&T promised the government it won’t pursue DEI. FCC commissioner warns it will be a ‘stain to their reputation long into the future’
AT&T has promised the government that it will not pursue DEI. That’s according to a letter the company sent to Federal Communications Commission (FCC) Chairman...