Bill Gates Is Much Poorer This Year
Among the 20 richest people in the world, only one has lost ground on the Bloomberg Billionaire Index. Bill Gates has lost $40 billion in net »
The Chipotle Economy or Delta Airlines Economy: Which Economy Should the Fed Set Interest Rates For?
ExxonMobil Threatens To Leave EU Over Sustainability Rules
ExxonMobil would be forced to quit its business in Europe if the European Union doesn’t materially ease its sustainability regulations that impose penalties on companies »
Why U.S. Electricity Prices Will Continue to Rise
Rising AI and data center demand could force utilities to invest heavily in new and replacement power plants, driving electricity prices sharply higher. A basic estimate »
High interest rates may have caused housing recession, Bessent says
Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call »