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2 mins read

Ending globalization is 'impossible' and would create 'astronomical' inflation, former Trump economic advisor says

The US should move some industries back to its home turf, but shifting away from globalization woul…

Ben Winck   


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1 min read

The majority of cryptocurrencies are 'garbage' and only a few will emerge as winners, says Guggenheim's Scott Minerd

70% of crypto coins 'will go away,' the CIO of Guggenheim Partners said in a Bloomberg interview fr…

Carla Mozée   


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4 mins read

Inside Milken 2019, where Masters of the Universe fret over the economy even as their wealth grows

Over the course of three days, one topic of conversation that frequently arose among a subset of at…

Dakin Campbell   


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3 mins read

We went to Milken, a massive assembly of the world's greatest financial minds. Here are our biggest takeaways.

They took issue with three main misconceptions they see polluting market outlooks across Wall Stree…

Joe Ciolli   


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3 mins read

'If you have no capital, why be a capitalist?': The global elite at Milken can't stop talking about populism

"Look at it simplistically. If you have no capital, why be a capitalist?" said Michael Hintze, a b…

Becky Peterson   


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7 mins read

The world's greatest investors and economists spent much of Milken dispelling 3 key misconceptions. Here's what they said to set the record straight.

A main component of this argument revolves around the Phillips curve - an econometric model that su…

Joe Ciolli   


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5 mins read

10 of the world's best investing minds shared their biggest fears at Milken - and the lack of consensus is a major red flag of its own

"The next crisis is going to come from a different place. I think it's going to come from technolog…

Joe Ciolli   


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6 mins read

Becky Peterson   


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2 mins read

Shein's CEO is so low-profile his employees don't even recognize him: report

Shein's executive chairman is more public, but he sparked scrutiny from Beijing in a recent speech.

Meghan Morris   


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3 mins read

Elon Musk says AI has no 'use' at SpaceX — at least for now

Elon Musk spoke about how AI is used at his space exploration companies during the 27th annual Milk…

Hannah Getahun,Katherine Tang…   


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1 min read

A Japanese billionaire canceled his trip to the moon on a SpaceX rocket after too many delays

dearMoon and SpaceX made plans to reach the moon in 2023, but that goal became "unfeasible." Yusaku…

Lauren Edmonds   


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1 min read

Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says

Housing inflation prompts questions about how restrictive monetary policy actually is, Minneapolis …

Yuheng Zhan   


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1 min read

Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks

"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…

Filip De Mott   


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4 mins read

11 US cities with the best mix of jobs, pay, and affordability

Austin was ranked the best-performing metro area by the Milken Institute, followed by Raleigh and B…

Noah Sheidlower   


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3 mins read

Blue Zones researcher shares 2 cheap, 'revolutionary supplements' you can find in any grocery store

Two staples you can buy at any grocery store for less than $1 are great for your heart, brain, and…

Hilary Brueck   


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1 min read

Billionaire Ray Dalio reveals the biggest mistake investors make and the top 3 traits he looks for when hiring

Dalio also revealed that the trait he dislikes most in any person is arrogance, or the ability to b…

Filip De Mott   


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1 min read

Billionaire investor Ray Dalio sounds the alarm on US debt and says bonds aren't a good long-term investment

"I don't want to own debt, you know, bonds and those kinds of things. Temporarily right now, cash I…

Filip De Mott   


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2 mins read

China's problems boil down to demand, derisking, demographics, and debt, economist says

China's economic mess is being caused by "four D's," and the country's leaders are going about solv…

Aruni Soni   


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2 mins read

Saving $100 a week from age 25 could give you over $1 million when you retire

Putting aside $100 a week at 25 could give you $1 million by 65, thanks to the power of compound in…

Noah Sheidlower   


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1 min read

Hollywood's 100 days of strikes have likely dealt a $3 billion blow to California's economy, a university professor says

Hollywood has been a catalyst for the US economy after the "Barbenheimer" phenomenon, but now it's …

Zahra Tayeb