On a recent call with the Yahoo Finance product chief, I pulled up a slide that looked like two burgers, side by side, to represent eras of work before and after AI. Leimer leaned in. “It’s totally that,” he said. The slide came from Arvind Narayanan, a Princeton computer scientist who just keynoted the International…
By Jim Dahle, WCI Founder <!– While I’ve flown in first class before, the trip we took the day I wrote this was the first time we actually bought a first class ticket. We’ve bought some Premium Select (second class) tickets while flying overseas, and we’ve certainly considered some lie flat (“Delta One”) tickets before….
ECB policymaker Žigman says September decision will be based on data and projections !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Men early on led the market for action cameras, but a gender gap has narrowed as the products are embraced by a widening spectrum of users in everyday life, researchers say. Insta360 The fast-growing China-headquartered company behind the action camera brand Insta360 is gearing up to open its first retail stores in the U.S., Europe…
Dear Home-Ec 101,The other night I decided to grill burgers, but I couldn’t get my gas grill to get hot. It was extremely frustrating, and I ended up cooking my burgers under the broiler (with much spite and bitterness, I might add). There was plenty of liquid propane. I just couldn’t get the flames high,…
TMC The Metals Company (TMC -3.67%) is a deep-sea mining company on a mission to collect polymetallic nodules from the ocean floor. In less technical terms, polymetallic nodules are rocks rich in valuable minerals, such as nickel, cobalt, copper, and manganese. More scientifically, these nodules formed over millions of years by slowly attaching the dissolved…
Global households added a record $40 trillion in wealth in 2025, pushing total household net worth to $570 trillion—a 7.3% jump that outpaced the 5.9% average growth rate seen since 2000—as the world’s overall balance sheet of assets swelled to nearly $1.8 quadrillion, according to the McKinsey Global Institute’s newly released “Global Balance Sheet 2026:…
Something interesting is happening with Meta Platforms (META -1.80%) and two companies with which it has relationships — CoreWeave (CRWV -11.58%) and Nebius Group (NBIS -15.02%). On the one hand, Meta recently signed a $21 billion expanded deal for artificial intelligence (AI) infrastructure, giving Meta increased capacity to develop AI programs. Factoring in a previous…
We thank Tommaso Manfe, Gokul Raj Boobathy, and Carlos Chavez for excellent research assistance. For very helpful comments and discussions, we thank Winnie Coleman, Fiorella de Fiore, Yuriy Gorodnichenko, and conference and seminar participants in the 2025 American Economic Association Annual Meeting, the G53 Financial Literacy seminar, the Virtual Asian Seminar on Macroeconomic Expectations, the…
The current euro area policy framework conflates short-run stabilization with long-run fiscal sustainability, exposing members to deflationary and inflationary tail risks. We employ an estimated euro area model to analyze an alternative framework that separates these objectives. A centralized Treasury issues Eurobonds to finance countercyclical stabilization, while national governments retain responsibility for long-term fiscal sustainability….