Economy

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of […]

TOPSHOT – A monk walks past a collapsed building in Mandalay on April 1, 2025, a few days after the deadly Myanmar earthquake. Sai Aung Mainsai Aung Main | Afp | Getty Images Myanmar’s ruling military junta is seizing the aftermath of a deadly earthquake as an opportunity to regain control amid a grueling civil […]

“Big firms have gotten much, much bigger,” said Alexandre Lazarow, managing partner of Fluent Ventures. “At the same time, there’s been an explosion of [small] venture capital firms … so I think we’ve seen the rise of specialization and the rise of regionalization in tech.” Johnnygreig | E+ | Getty Images The venture capital industry […]

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019.Justin Sullivan | Getty ImagesOracle is having a moment.For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that’s changing, and Wall Street… […]

Visitors take pictures by a sign posted in front of Meta headquarters in Menlo Park, California, on Jan. 29, 2025. Justin Sullivan | Getty Images Meta on Saturday released the first models from its latest open-source artificial intelligence software Llama 4, as the company scrambles to lead the race to invest in generative AI. But […]

The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economistswho say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United States […]

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]

Forget crowded airports and hours-long flights. If traveling the world is on your bucket list, Adventures By Train is set to offer a new and unique experience to do just that — all in 100 days. The tour operator recently announced its round-the-world trip by train and the first departure is scheduled for March 17 […]

Andrew Fox | The Image Bank | Getty Images “Dead” investors often beat the living — at least, when it comes to investment returns. A “dead” investor refers to an inactive trader who adopts a “buy and hold” investment strategy. This often leads to better returns than active trading, which generally incurs higher costs and […]

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden arrive at the federal court during his trial on criminal gun charges in Wilmington, Delaware, on June 5, 2024. Kevin Lamarque | Reuters Hunter Biden will be sentenced in his criminal gun case in Delaware on Nov. 13, eight days after […]