The U.S. and six of its allies are tackling their dependence on China and its effective…
Category: Finance News
Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it
Before Kevin Warsh stepped up to the podium Wednesday afternoon, no one really knew which one…
The froyopocalypse is over. Gen Z is swarming frozen yogurt shops like it’s 2010
If you’re a froyo fiend, get in line (literally). The frozen yogurt winter is over, as…
Inside Vanguard’s alarming state of retirement in 2026
For 25 years, Vanguard has been keeping score on the great American retirement experiment. Every year,…
Kevin Warsh’s first Fed meeting: Promises on price stability, but don’t expect forward guidance
In his first appearance as chairman of the Federal Reserve, Kevin Warsh confirmed this afternoon the…
Sam Bankman-Fried’s pardon faces bipartisan pushback in Congress: ‘Keep him locked up’
Two senators don’t want Sam Bankman-Fried out of prison. On Wednesday, Sens. Cynthia Lummis (R-Wyo.) and…
El Niño events have led to trillions in economic losses, and the 2026 cycle won’t be any different
Just as the global economy cautiously emerges from one crisis, another is beckoning at the doorstep,…
Jensen Huang on his relationship with Trump: ‘calls me in the middle of the night’
SHERMAN, Texas (AP) — Nvidia CEO Jensen Huang — whose work helped propel artificial intelligence — stressed in…
‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’
As workers grapple with layoffs, AI disruption, and the constant pressure to prove their worth, self-doubt…
Meet the YouTubers remaking Hollywood, one Gen Z box-office smash at a time
Some of the most promising young filmmakers in the movie business are arriving in Hollywood already experts at…
Current price of oil as of June 17, 2026
At 9 a.m. Eastern Time today, the price of oil sits at $80.78 per barrel, using…
CFO pay surged 8% last year—and long-term incentives account for 63% of the average package
Good morning. CFO pay is rising but not in the way you might expect. New data…
Michael Burry ‘tempted’ to bet against Elon Musk’s SpaceX
Famed investor Michael Burry—of “The Big Short” fame—considered antagonizing the richest man on the planet over…
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone’s is judging Trump’s MIA MOU
President Trump’s “memorandum of understanding” with Iran has still not been published. The White House spent…
A 76-year-old was about to lose his entire $3 million retirement to a scam. TIAA’s AI caught it—but a human prevented disaster
Put simply by TIAA CEO Thasunda Brown Duckett on an episode of Fortune’s Titans and Disruptors…
Trump’s OBBBA will cap federal loans on July 1. Republicans are working to save loans for nurses
On July 4 last year, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA)…
Michaels CEO tells young workers to stop daydreaming of success and ‘take some risk’
In an uncertain economy where workers are keeping their heads down amid layoffs and hiring freezes,…
Gulf private credit opportunities shine amid global volatility
The Gulf’s private credit market remains at a nascent stage of development, relative to global peers, but a confluence of structural…
No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags
George Clooney sent a holiday season warning to the U.S. economy in December 2025: your wealthy…
Who is Michael Truell? Meet Cursor’s 25-year-old CEO who cemented a $60 billion deal with SpaceX
Cursor’s 25-year-old CEO, Michael Truell, helped take the AI coding company from a college passion project…
Anthropic’s IPO pitch has a new problem: The government can shut it down
Anthropic has filed confidentially to go public as soon as this fall, pitching investors on a…