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‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash

For nearly two decades, esteemed economist Nouriel Roubini has worn the nickname “Dr. Doom” with honor. He earned it in the mid-2000s for warning of a housing crash that Wall Street dismissed, until he was proven catastrophically right.  Since then, the NYU Stern School of Business professor emeritus has become one of the most recognizable … Read more

Gen Z isn’t doom spending. Wasting money on flashy purchases is normal while you’re young and have nothing else to be admired for yet, expert says

Other generations may bash Gen Z for splurging on the latest Taylor Swift concert or a trip to Japan, but one financial behavioral expert says their status-driven spending is completely normal. “When I was 20, I was like, if only I could have the Ferrari. If only I could have the mansion,” Morgan Housel told … Read more

Kodak’s corporate doom: 133-year-old photo icon warns investors it may cease operations with $500 million debt problem

After 133 years, a bankruptcy, and multiple reinventions, Kodak’s latest snapshot is grim: The company says there’s “substantial doubt” it can stay in business. In a quarterly filing released Monday alongside its second-quarter earnings report, Kodak’s management raised serious concerns about its ability to continue operating over the next year. The warning stems from roughly … Read more

The Money Doctor and ‘Captain Pakistan’: Steve Hanke on his last call with Imran Khan and the doom loop gripping South Asia

August 5th marked another grim day for Imran Khan, the former Prime Minister of Pakistan and one of the world’s greatest cricketers. It was the second anniversary of his incarceration in Rawalpindi’s Adiala jail on trumped-up charges. Thanks to General Asim Munir, the Army’s Chief of Staff, Khan has been held in solitary confinement in … Read more

BCG leader calls for optimism amid AI doom and gloom, and says enabling young people to ‘build and shape the future’ is key

Advancements in artificial intelligence, automation, and other emerging technologies often lead to fears of job losses, with nearly 40% of the skills required for work today expected to change by 2030. That may sound dour, but one workplace thought leader offers an inverted view that’s centered in optimism. “What if, instead of thinking about what … Read more

Americans are ‘doom spending’ as a result of Trump’s trade policy, new report reveals

Amid the fallout of President Donald Trump’s so-called “Liberation Day” tariffs that sent the stock market spiraling, some Americans are doom spending out of fear of higher prices, a report shows.  As JPMorgan holds the risk of a recession at 60%, a condition that makes consumer buying stagnate, one in five Americans are “doom spending” … Read more

Spotify is pitching itself to advertisers as the anti-‘rotting and doom scrolling app’

Have you ever thought about how much time you spend on Spotify, that is, actually inside the Spotify app? It’s easy to get lost for 30 minutes on TikTok or Instagram, but you probably don’t have the same instinct for the Swedish streaming app.  Spotify, though, is keen to remind the advertising world just how … Read more

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