You can buy a house outside Detroit for $158,000. That’s why the Midwest just beat the…
Category: Finance News
Addiction, emotional distress and dread of dull tasks: AI models ‘behave as though’ they’re sentient
ChatGPT probably tells you that it’s “happy to help.” Claude apologizes when it makes mistakes. AI…
Why energy storage is moving beyond the capex debate
For most of the past decade, the energy storage conversation revolved around a single question: how…
Only one Supreme Court Justice has ever served longer than Clarence Thomas
The first baby boomer on the Supreme Court hit a milestone on Thursday, becoming the second-longest serving justice…
Auto-enrollment in Medicare Advantage isn’t a nudge. It’s a trap
The Trump administration is reportedly weighing a policy that would make private Medicare Advantage (MA) the default enrollment…
Treasury expected to borrow $2 trillion this year—more than $166 billion every month
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the…
I litigated the JetBlue-Spirit merger. A few thoughts on the future of antitrust in the airline industry
Spirit Airlines’ collapse, like its launch more than three decades ago, will impact consumers and the…
AI is splitting the housing market in two: Bay Area luxury homes up 13%, affordable ones collapsing
As AI mints new millionaires, billionaires, and even trillionaires, it’s also threatening to replace entry-level workers…
‘FOMO has proven a stronger incentive than poor stock performance’: Goldman Sachs finds insecurity is a key part of the AI boom
The numbers coming out of Wall Street’s most influential research shop tell a story that Silicon…
He was ‘The Mouth of the South’ and ‘Captain Outrageous,’ but Ted Turner said ‘If only I had a little humility, I’d be perfect’
Ted Turner, a brash television pioneer who raced yachts, owned huge chunks of the American West…
Before Mark Cuban and Jerry Jones, there was Ted Turner, the larger-than-life billionaire owner who changed sports
Ted Turner was a sportsman of all types, a world champion in sailing and a World…
‘Highly qualified White, Asian, and other students were denied admission’: DOJ accuses UCLA of discrimination
The Justice Department found Wednesday that the medical school at the University of California, Los Angeles,…
Understanding the legacy of Ted Turner and the creation of the 24-hour news cycle: ‘there is no hyperbole here’
When the Space Shuttle Challenger exploded in 1986, Beth Knobel, a future TV news correspondent, was…
Iran War is hitting low-income Americans the hardest at the gas pump, the New York Fed says
Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices…
Cargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies…
Vornado CEO Steven Roth fires back at New York City Mayor Zohran Mamdani for targeting Ken Griffin
Steven Roth, chairman and CEO of Vornado Realty Trust—one of New York City’s largest landlords and…
Trump administration suddenly embraces AI oversight ideas it once rejected
When it comes to AI, the Trump Administration has largely positioned itself as the opposite of…
AI could solve America’s $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s…
At 75, Ted Turner gave himself 5 more years. He got 12—and spent them warning the world was ending
Ted Turner was never one to soften a forecast, even when the subject was himself. “At…
The IRS may owe COVID-era refunds to tens of millions of taxpayers. Here’s who could qualify
Tens of millions of taxpayers may be able to get money back from the IRS for…