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In episodes like the railroad boom and the dot-com bubble, creditors and shareholders were wiped out, because investment in a genuinely transformative technology outpaced any plausible near-term return. With the US financial system and asset markets having become a one-way bet on AI, such an outcome today could be catastrophic. BERKELEY—US Federal Reserve Chair Kevin…
Thanks to its “dark fiber” deal with Google, Verizon has a “new revenue stream that’s above our core business,” its CFO says.
Serving as a family caregiver isn’t just exhausting. It can be financially devastating, as well.
Boeing studying new 737 MAX production hikes
We estimate the causal impacts of GLP-1 treatment on labor market outcomes using linked Danish administrative data and a matched stacked difference-in-differences design. We compare patients who initiate GLP-1 treatment during the first two years of Semaglutide availability to observably similar patients who initiate four years later. We find that GLP-1 treatment reduces long-term sickness…
A customer shops for cilantro at a Walmart Supercenter on July 23, 2026, in Austin, Texas. Brandon Bell | Getty Images The nation’s largest multistate outbreak of cyclosporiasis linked to shredded iceberg lettuce has expanded to nine states, the Centers for Disease Control and Prevention said Friday. The four newly linked states — Illinois, Kansas,…