In 2025, Bitcoin’s foremost booster pitched financial alchemy. At a conference in Prague, Michael Saylor, the executive chairman of the Bitcoin hoarder Strategy, touted his company’s newest stock offering. “I give you the upside, you have no downside, and I…
Much of the public conversation about AI today focuses on what it can do. New capabilities emerge almost weekly, and with them come understandable questions about safety, trust, and control. But the questions that matter most are: Who controls the infrastructure behind…
For Esther George, the former Kansas City Fed president and one of the most reliably hawkish voices to ever sit on the rate-setting Federal Open Market Committee, Americans making long-horizon financial decisions should stop expecting relief from borrowing costs, and…
A new Harvard study documents a housing market in crisis. But its real argument is more unsettling: the era when an ordinary American could expect to own a home may have been the exception—not the rule. For half a century,…
It’s been a constant question: will new Fed Chair Kevin Warsh act more like his true, hawkish self, or will he cater to President Donald Trump’s views that a rate cut is what the country needs right now? He’s been…
Heat. Moisture. National pride. These were top of mind as Nike designed its uniform kits for this year’s World Cup, including for football powerhouses France and Brazil as well as the U.S. and Canada in their role as host nations.…
Federal Reserve Bank of Richmond President Tom Barkin warned that inflation is too high, though he sees tentative signs that price pressures may moderate soon. “Those numbers are too high,” Barkin said Sunday in an interview with Bloomberg on the…
South Korea’s Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung’s flagship industrial strategy, Korea Economic Daily reported Monday. The two…
Stock futures rallied on Sunday evening after the U.S. and Iran appeared to step back from a weekend of escalating violence in the Persian Gulf. Futures tied to the Dow Jones industrial average rose 101 points, or 0.19%. S&P 500…
In a setback for Warner Bros.′ revamped DC movie operations, “Supergirl” was absolutely no match for “Toy Story 5” at the box office, opening a distant second to the Pixar blockbuster. After a near-record debut for an animated movie, “Toy Story 5” remained No.…