Trending
- Unraveling the mystery of Sam Bankman-Fried associates’ Anthropic holdings
- Experts Dismiss Claims That Trump’s Venezuela Oil Deal Will Immediately Ease Gas Prices
- Cost of the City: What it really costs to live in America’s biggest cities — and the trade-offs residents make to stay.
- Leaked Microsoft pay data shows how much some employees are making in AI, cloud, and other teams
- Meta’s Landmark $18 Billion Deal: Who Comes Out Ahead and Who Falls Behind
- Canada hesitates to weaponize major exports against Trump; premier warns against it
- Nvidia explores multi-billion dollar acquisition of Hugging Face AI platform
- Economy by Themoneytimes
Monday, August 31
Finance
The federal government seized Anthropic shares from Sam Bankman-Fried’s associates, and as the AI company approaches a potential record-breaking IPO, questions arise about whether victims of the $11 billion fraud will ever see compensation from these billions in assets.
Industry experts dismiss President Trump’s claims that acquiring Venezuelan oil will immediately lower gas prices, citing decades-long infrastructure challenges and the gap between reserves and producible oil. The 65 billion barrels touted by Trump are unlikely to impact pump prices in the near term.
An inside look at what it really costs to live in America’s biggest cities, from rent and childcare to transportation and everyday essentials.
The Middle East war could hit growth, fuel inflation, worsen inequality, squeeze public finances, and hamstring policymakers, Mohamed El-Erian said.
Private credit redemptions reached record levels in the first quarter of this year, and these charts explain how investors asked for about $20 billion back.
Valvoline, an official FIFA World Cup 26 “supporter,” is preparing to launch its largest-ever marketing push.
As a longtime employee, I think the Nespresso Vertuo Next machine and Lego Easter baskets are some of the best things to get at Costco right now.
Wells Fargo and Citi estimated that their private credit exposure is $36.2 billion and $22 billion, respectively.
McKinsey Senior Partner Kurt Strovink said it’s one of the hardest times to be a CEO, between AI, geopolitics, and motivating young leaders.
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