FinanceA famous market watcher who called the subprime mortgage crisis is warning that stocks are about to crash: ‘It’s the highest probability since COVID’
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
March 28, 2023
Newsletters
- Eye on A.I.Nvidia moves into A.I. services and ChatGPT can now use your credit card
- raceAheadThe xenophobic questioning of TikTok’s CEO highlights the outsider status of Asian Americans in the U.S
- Data SheetTwitter will suppress accounts that don’t pay for Twitter Blue, proving that ‘shadowbanning’ is alive and well
- Fortune CryptoThe U.S. drops the hammer on Binance: What it means and what we still don’t know
- BroadsheetPfizer’s chief corporate affairs officer remembers the moment she figured out how to ‘break through’ to skeptical consumers during COVID
- CHRO DailyManagers are feeling pressure to perform after mass layoffs. Here’s how employers can better support them
From the magazine
MagazineThe inside story of ChatGPT: How OpenAI founder Sam Altman built the world’s hottest technology with billions from Microsoft
The A.I. future, according to Altman, could be spectacular—unless it goes spectacularly wrong. Why Big Tech giants and business leaders everywhere are losing sleep over generative A.I.
January 25, 2023
Commentary
- TechWith techno-nationalism on the rise, the world needs a peaceful NATO for science and technology
- recessionA recession in 2023 is now inevitable. Layoffs in tech and finance will spread to other sectors
- Most Powerful WomenThe $1.5 trillion opportunity: Closing the credit gap for women entrepreneurs
- real estateWhat real estate investors can learn from development battles in two famous beach towns
- venture capitalHigh rates, investor-friendly deals, and bad news for regional hubs: What the end of the bull run means for venture capitalists and entrepreneurs
- cryptocurrencyWhy keeping Bitcoin mining in the U.S. helps the economy and national security—and even the environment
Topics
Asia
Joe Biden says GOP risks ceding U.S. tech leadership to China: ‘I’ve got news for you and for MAGA Republicans in Congress: not on my watch’
With techno-nationalism on the rise, the world needs a peaceful NATO for science and technology
Japan and the U.S. reach deal on critical EV battery minerals to cut reliance on China
Environment
3 military service members take steps to sue the government over jet fuel-contaminated drinking water in that sickened 6,000 people
A leak at a nuclear power plant in Minnesota has been repaired but the resulting shutdown killed hundreds of fish in the nearby river
Renewable electricity in the U.S. achieved a huge milestone in 2022, and production is only increasing
Europe
Visitors to Michelangelo’s David ridicule Florida school’s objection to the statue: ‘I don’t understand how you can say it’s porn’
With techno-nationalism on the rise, the world needs a peaceful NATO for science and technology
Billionaire ‘Bond King’ Jeff Gundlach tells the Fed it must choose between fighting inflation or rescuing banks—it can’t do both
Finance
A famous market watcher who called the subprime mortgage crisis is warning that stocks are about to crash: ‘It’s the highest probability since COVID’
Apple debuts buy now, pay later service that gives users ‘interest-free loans’—as delinquent debt rates soar
A judge just upheld the Boy Scouts’ $2.4 billion bankruptcy plan after getting hit with more than 80,000 claims of child sex abuse
Health
Starbucks’ CEO was so inspired by olive oil in coffee, he made it a menu item. Here are the pros and cons for your health
With techno-nationalism on the rise, the world needs a peaceful NATO for science and technology
Explosion at Pennsylvania chocolate factory kills 7
Leadership
Lyft’s new CEO says its competition isn’t just Uber, it’s a ‘battle against staying at home’
The xenophobic questioning of TikTok’s CEO highlights the outsider status of Asian Americans in the U.S
Google, Meta, Salesforce, and more get tough on employee evaluations. Here’s how they’re overhauling performance reviews
Lifestyle
Gwyneth Paltrow’s trial hinges on the ‘skier code’—informal rules that dictate who has the right of way on the slopes
A court just reinstated the murder conviction of Adnan Syed from ‘Serial’ case but he will not return to prison immediately
A judge just upheld the Boy Scouts’ $2.4 billion bankruptcy plan after getting hit with more than 80,000 claims of child sex abuse
Personal Finance
The best ways to invest your cash right now as interest rates keep climbing
Matt Damon and Ben Affleck once had a joint bank account: ‘It was weird in retrospect’
‘There is no alternative’ has been the order of the day for investors since 2008. Not anymore, Goldman Sachs says
Politics
Joe Biden says GOP risks ceding U.S. tech leadership to China: ‘I’ve got news for you and for MAGA Republicans in Congress: not on my watch’
America and Russia have stopped sharing nuclear weapons data as the last arms control pact between them falls apart
President Biden visits a semiconductor manufacturer to highlight the $280 billion CHIPS Act ahead of the new budget showdown
Retail
Beyoncé’s Ivy Park clothing line hasn’t been a hot seller. Now she and Adidas are parting ways
California lawmakers ‘stand up to Big Oil’ by passing bill that allows fines for price gouging at the pump
A recession in 2023 is now inevitable. Layoffs in tech and finance will spread to other sectors
Success
‘Succession’ racks up record audience with 2.3 million tuning into HBO for first night of final season
‘We hope to become America’s team — sorry’: Ryan Reynolds, Rob McElhenney’s Wrexham to play Manchester United in San Diego
A government report says WFH is dying out. A remote work guru says that’s false