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Trump Media, Crypto.com launch new crypto treasury firm via SPAC deal
Kroger to Lay off Nearly 1,000 Corporate Workers, Bloomberg News Reports
Americans grow more pessimistic about job market in August
Consumer confidence comes in at 97.4 vs. 96.6 estimated
A US tariff exemption for small orders ends Friday. It's a big deal to some shoppers and businesses
Despite snubbing U.S. tourism and boycotting American goods, Canadians have poured more into U.S. stocks than they have in over 35 years
Whirlpool hopes Trump's tariffs will give the American appliance maker a competitive edge
Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.
Economist Slok Sees a Change to Fed’s Inflation Target
Critical Metals Signs Agreement to Supply Rare Earth to US Government-Funded Facility
Chile in final phase of negotiations to reach trade deal with US, Chilean official says
Interactive Brokers to replace Walgreens' parent on S&P 500
US Core Capital Goods Orders Rise, Exceeding All Forecasts
US SEC to keep Los Angeles and Philadelphia office leases, memo says
More homeowners are pulling their properties off the market. Here's why.
Deep read
Highlighting immersive reporting and narrative writing
DAFs Were Meant To Move Money, So Why Do They Keep Acting Like Banks?
With assets now surpassing $251.5 billion, DAFs have outpaced the scale of most private foundations and are becoming one of the most influential and untouchable forces in philanthropy. While they were created to make giving easier and more strategic,
4 min read
Are sports prediction markets betting or investing? Two new Robinhood lawsuits could define how they are regulated going forward
This time around, the culprit isn’t stocks like GameStop or even crypto sh*tcoins like the beloved Fartcoin, but prediction markets. Those carefully tracking the presidential odds of the 2024 election might have thought that Polymarket and Kalshi would recede into the shadows after November,
3 min read
How a Historic Immigration Drop Is Changing the Job Market
Demand for workers cooled yet the unemployment rate held steady—and why? The labor supply slowed abruptly alongside a sharp decline in immigration.
5 min read
A Chinese E-Commerce Glut Is Meeting Resistance in Latin America
Governments from Mexico to Chile are starting to levy low-cost imports in a bid to protect local businesses from the glut coming out of China’s bloated factories. Spearheading the onslaught are Chinese e-commerce companies Temu,
7 min read
The Real Reason Americans Worry About Trade
Behind the pushback to global trade is a deep economic anxiety that a meager social safety net has caused in the United States.
12 min read
Central bankers fear the war for independence is already lost
Their words create trillion-dollar swings in markets; their actions can determine the fates of nations. But among the central bankers who gathered in Jackson Hole, Wyo., in recent days, there was a palpable sense that their moment at the helm of the world economy may have passed.
3 min read
Fear the deficit-populism doom loop
Call it the deficit-populism doom loop: ministers face both big deficits and voter revolts, and there is little way of satisfying both the bond markets and the barbarians at the gate. During the slow recovery from the global financial crisis of 2007-09,
6 min read
The Next Era Of Business Will Be Built On Scarcity, Not Abundance
Historically, business success has been defined by abundance. But as signs of capitalistic fatigue emerge, the next economic era will thrive under scarcity.
5 min read
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