Money, Wealth & Power—A Daily Look at the Financial World
Goldman Sachs has just thrown a bucket of cold water on the long-held belief that U.S. stocks are the safest and strongest bet for the next decade, warning that American equities could trail the rest of the world for years. Yet the same research also argues that the U.S. economy itself is set to outperform…
Lindsey Graham is now railing against the same surveillance machinery that he spent years helping to build and protect, turning a long running national security debate into a very personal fight. His outrage, sparked by revelations that federal agents scrutinized his own communications, has exposed a sharp clash between his past votes for expansive spying…
Speculation around artificial intelligence now rivals the frenzy that once surrounded dot-com stocks, but the similarities only go so far. The current boom is unfolding in a more mature market, with deeper cash flows and more concentrated power, even as investors replay familiar patterns of hype, overbuilding and fear of missing out. To see how…
Over the next 20 years, the jobs most likely to thrive will combine strong demand with skills that are hard to automate. Based on current projections and detailed reporting on growth sectors, I see a clear pattern: roles that manage complexity, work directly with people, or guide advanced technology are positioned to gain the most….
The Federal Aviation Administration set out to reward the workers who kept the air system running during the government shutdown, but a single attendance rule ended up excluding most of the people it was meant to recognize. Instead of a broad thank-you, the bonus program turned into a case study in how a rigid metric…
Record-breaking Black Friday receipts are colliding with a darker mood about the United States economy, and the contrast is hard to ignore. Shoppers opened their wallets in spectacular fashion, yet the surge in spending is arriving alongside rising anxiety about inflation, slowing wage growth, and widening inequality. I see a holiday splurge that looks less…
Goldman Sachs is paying $2 billion for a specialist in so-called “boomer candy,” a corner of the exchange traded fund market built around manufactured yield and partial downside protection. The deal is more than a splashy headline about retirees and sweeteners, it is a bet that buffered and defined-outcome strategies are moving from niche curiosity…
Artificial intelligence is no longer a distant disruptor waiting on the horizon, it is already capable of taking over a significant slice of work that people in the United States do every day. A new wave of research from MIT argues that existing systems could technically perform tasks now done by millions of workers, putting…
Ford’s top executive is issuing one of the starkest warnings yet about artificial intelligence and the future of office work, arguing that the technology will gut large swaths of white-collar employment even as it supercharges corporate productivity. His message is blunt: AI will not just streamline back offices, it will fundamentally redraw who gets paid…
Economic growth is about to lean heavily on productivity again, just as the numbers are poised to weaken and the much-hyped artificial intelligence boom is failing to deliver the lift its boosters promised. Instead of a clean efficiency revolution, early evidence shows AI adoption often slows workers down, clutters workflows and shifts gains into sales…