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News
Fed Chair Kevin Warsh Keeps Markets Guessing at Jackson Hole
1+ hour, 54+ min ago (299+ words) Federal Reserve Chairman Kevin Warsh is concerned that inflation remains too high, but he’s not providing a clear direction on whether and when the central bank will raise interest rates. The new Fed chair took the podium today (Aug. 28) at…...
The Oldest American Idea About Capitalism
1+ mon, 2+ week ago (230+ words) Franklin had no name for what he was doing. We do. It is called impact investing, and Franklin was practicing it when the United States was just being born. Fair access to capital is neither a progressive cause nor a…...
America at 250: The New Economics of U.S. Power
1+ mon, 4+ week ago (320+ words) Consider trade. For eighty years, the American project was a rules-based system, imperfect and self-serving in places, but predictable: a manufacturer in Lyon, France or a logistics company in Jebel Ali, UAE could plan a decade ahead. That predictability is…...
Why Central Banks Are Doubling Down on Gold
4+ mon, 1+ week ago (414+ words) Global gold demand surpassed 5,000 tons for the first time on record in 2025, reaching a total value of $555 billion, up 45 percent from the previous year. That surge reflects a broad-based response from investors, institutions and central banks to geopolitical risk, low…...
Wall Street CEOs’ First Reactions to Anthropic’s Mythos
4+ mon, 1+ week ago (286+ words) Those risks are central to Mythos, which Anthropic describes as too dangerous to release publicly because of its ability to exploit vulnerabilities in critical software. Instead, the company has invited a consortium of major businesses, including JPMorgan, to test the…...
From Subsidies to Sustained Growth: The Case for Cohort Models
11+ mon, 2+ week ago (262+ words) The difference is visible: 10KSB alumni businesses report revenue growth rates outpacing the national average for small firms, and 63 percent of graduates have hired additional staff, directly countering local job losses. As Millstein put it, “The program gave me the tools…...
Wall Street Rallies Behind Jerome Powell as the Fed’s Independence Comes Under Threat
7+ mon, 1+ week ago (315+ words) This week, several of America’s most influential banking CEOs came out in support of Jerome Powell after the Trump administration threatened the Federal Reserve chair with a criminal investigation in a move that could shake the central bank’s long-standing independence....
After a Year of Tariffs, This Is How Much More Christmas Will Cost in 2025
9+ mon, 4+ day ago (438+ words) “For most Americans, spending an extra $132 at the holidays is significant,” said Matt Schulz, LendingTree’s chief consumer finance analyst, in a statement. “It could prompt people to cut back on gift-giving this year or lead to them taking on extra…...
Toyota Chairman Akio Toyoda Unexpectedly Dons a MAGA Outfit Amid Tariff Tensions
9+ mon, 1+ week ago (499+ words) Toyota Chairman Akio Toyoda has some explaining to do after appearing at a race event in Japan on Sunday wearing a “Make America Great Again” hat and a red T-shirt emblazoned with photos of President... Toyoda, a grandson of Toyota’s…...
The New Meaning of “Sustainable Growth” in the Post-A.I. Boom
10+ mon, 5+ day ago (447+ words) Rising interest rates, investor scrutiny and automation maturity are reshaping what “sustainable growth” really means for businesses. Paradoxically, A.I. has fueled both optimism and caution. On the one hand, automation has unlocked extraordinary potential to scale efficiently; on the…...