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1 min read
'Big Short' investor Michael Burry, Cathie Wood, and Paul Krugman aren't stressing about inflation. Here's why 5 elite market-watchers expect prices to rise slower or even fall.
Several top-flight investors and commentators were sounding the alarm on high, prolonged inflation …
Theron Mohamed
2 mins read
This video game made more money than any Bollywood movie ever
What could be more grand for Grand Theft Auto V (GTA V) than beating out all of Bollywood with thei…
4 mins read
OpenAI's AI-adjusted earnings numbers have echoes of Groupon and WeWork
The startup is asking investors to ignore the cost of AI model training, according to The Informati…
Alistair Barr
5 mins read
The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.
As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…
Madison Hoff
3 mins read
Frontier Content: How to survive online in the age of AI
Vercel CEO Guillermo Rauch says 'frontier content' can help website owners survive amidst the rise …
Alistair Barr
2 mins read
The demise of Cisco and Sun are cautionary tales. Nvidia's Huang is worried history could repeat itself.
For Jensen Huang, unparalleled success has come with a healthy helping of anxiety about how other t…
Geoff Weiss
2 mins read
Things keep getting worse for Tesla
Tesla could be hit with yet another difficult quarter after its sales dropped to their lowest point…
Grace Kay
1 min read
Inflation at 3% isn't the problem — it's the expectation that interest rates will soon fall, asset manager says
Inflation rose at a higher-than-expected rate of 3.4% last month, damping market expectations of im…
Huileng Tan
2 mins read
Why housing won't get much cheaper when the Fed cuts interest rates
Home prices and rents aren't falling, even if the Fed delivers much-anticipated rate cuts this year…
Jennifer Sor
8 mins read
Millennials are raising pets instead of kids. It's not going well for the pets.
Birth rates are declining, and millennials own more pets than any other age group. But experts say …
Aimee Pearcy
2 mins read
Here's how to tell if your old $2 bills are worth anything
The United States Currency Auction, which allows people to sell rare US currency, lists some $2 bil…
Sebastian Cahill
2 mins read
Why Netflix's new NFL deal has some sports fans crying foul
With Netflix's NFL deal, the league's games are set to be spread across seven platforms, raising co…
Lucia Moses
2 mins read
There's one 'lucky' group of homeowners in America's housing market, says a Zillow economist
It's those who are downsizing, as prices have gained nearly 50% since the pre-pandemic days, Zillow…
Huileng Tan
1 min read
JPMorgan CEO Jamie Dimon sells off $150 million of shares in first-ever sale since taking over the banking giant
Jamie Dimon became CEO of the banking giant JPMorgan Chase in 2006, and the company's value has tri…
Katherine Tangalakis-Lippert
2 mins read
Chase CEO Jamie Dimon and billionaire hedge fund founder Ray Dalio admit they got warnings on US economy wrong — for now
Jamie Dimon and Ray Dalio may say they got predictions on US economy wrong, but some experts still …
Lloyd Lee
1 min read
The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll
Sales volumes "couldn't be worse," Glenn Kelman told MarketWatch, meaning the only people moving "a…
Joseph Wilkins
2 mins read
Man who tricked Tesla into giving him 5 free cars and set one on fire on a frozen lake gets 4-year prison sentence
34-year-old Michael Gonzalez scammed Tesla to give him a Model 3 and four Model Xs by providing ban…
Grace Kay
1 min read
The Red Sea attacks are throwing supply chains into chaos — but US oil exports appear to be benefiting from them
Oil buyers are choosing to not reroute ships from the Red Sea, but to buy from the US instead, acco…
Huileng Tan
1 min read
Nvidia board member cashes out on the chipmaker's surging stock, selling over 100,000 shares for $51 million
Mark Stevens sold 118,602 Nvidia shares at a price between $429.90 and $434.20 apiece after the chi…
Zahra Tayeb
1 min read
Office loans just hit a 5% delinquency rate – a 20-month high – as WFH and rate rises pile more pressure on commercial real estate
Borrowers are struggling to repay under tighter financial conditions and waning demand for office s…