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Price controls are literally a textbook example of a policy that creates market inefficiency, but an economist sees some merit in them as voters delivered victories to Democrats who promised to hold the line on the cost of living. Zohran Mamdani, who vowed to freeze rent, won the race for New York mayor, and Mikie … Read more
Andy Konwinski is concerned that the US is losing its dominance in AI research to China, calling the shift an “existential” threat to democracy. Konwinski is a Databricks co-founder and the co-founder of the AI research and venture capital firm Laude. “If you talk to PhD students at Berkeley and Stanford in AI right now, … Read more
NEWYou can now listen to Fox News articles! The NFL — the most popular pro sports league in the U.S. — has made several tweaks to its rules over the decades. In 2024, changes to the kickoff rules faced some scrutiny. Before the start of the season, the league adjusted those rules. Instant replay policies … Read more
JPMorgan forecasts that the S&P 500 will reach 7,000 by early 2026, driven by strong corporate spending and AI-driven growth. Both JPMorgan and Piper Sandler say the new corporate expensing laws in President Trump’s One Big Beautiful Bill Act, and AI investment, are key drivers. That’s how stocks are climbing a “wall of worry” despite … Read more
NEWYou can now listen to Fox News articles! In an article published Friday, The Washington Post editorial board linked misinformation from President Joe Biden’s administration to a growing acceptance of conspiracy theories among the American public. The editorial argued that the Biden administration’s efforts to pressure social media companies into suppressing the information contained on … Read more
The Trump administration is suing the state of California to block animal welfare laws that it says unconstitutionally helped send egg prices soaring. But a group that spearheaded the requirements pushed back, blaming bird flu for the hit to consumers’ pocketbooks. The lawsuit, filed in federal court in California on Wednesday, challenges voter initiatives that passed in … Read more
NEWYou can now listen to Fox News articles! A recent opinion piece in The New York Times said that the key to the Democratic Party succeeding again is having their own version of President Donald Trump. “If the next Democratic nominee wants to build a majority coalition — one that doesn’t rely on Republicans running poor-quality … Read more
United Airlines CEO Scott Kirby told The Wall Street Journal in an interview on Thursday the budget airline model is dead, adding that these “crappy” models “screw the customer.” Kirby’s interview was on the same day, however, as the announcement of a partnership between United and JetBlue, which many consider to be a budget airline. … Read more
CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images As Google heads back to the courtroom Monday, the company is arguing that the U.S. needs the company in its full form to take on chief adversary … Read more
A bond market sell-off has made investors question the safe-haven status of U.S. debt and fear another credit crunch—when liquidity dries up and economic activity grinds to a halt. JPMorgan Chase CEO Jamie Dimon said the world’s biggest lenders can help, but only if regulations developed to prevent a repeat of the Global Financial Crisis … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4