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Photo of Jason Ma
Photo of Jason Ma

Jason Ma

Jason Ma is the weekend editor at Fortune, where he covers markets, the economy, finance and housing. Before joining Fortune, he was an editor at Business Insider, Investor’s Business Daily, and Dow Jones Newswires. He also took time off from journalism to serve in the Marine Corps. He is a graduate of the University of Southern California and UC Berkeley.

Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
Economy
Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
By Jason MaAugust 29, 2026
The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves
Energy
The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves
By Jason MaAugust 29, 2026
Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower
Middle East
Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower
By Jason MaAugust 24, 2026
Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
Banking
Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
By Jason MaAugust 23, 2026
The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon
Middle East
The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon
By Jason MaAugust 23, 2026
The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns
Economy
The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns
By Jason MaAugust 23, 2026
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
Economy
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
By Jason Ma and Shawn TullyAugust 22, 2026
Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings 
Economy
Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings 
By Jason MaAugust 22, 2026
‘We will not endure’ — Top Iranian leaders signal they are running out of time as economy crumbles ahead of Trump’s next sanctions onslaught
Middle East
‘We will not endure’ — Top Iranian leaders signal they are running out of time as economy crumbles ahead of Trump’s next sanctions onslaught
By Jason MaAugust 22, 2026
Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns
Economy
Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns
By Jason MaAugust 21, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
Middle East
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
By Jason MaAugust 17, 2026
Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’
AI
Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’
By Jason MaAugust 16, 2026
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
Investing
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
By Jason MaAugust 16, 2026
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
Middle East
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
By Jason MaAugust 16, 2026
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North America
Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergOctober 3, 2026
Success
Anthropic’s Daniela Amodei says entrepreneurs should go on vacation to road test potential cofounders—if they’re a drain, they’re ‘the wrong choice’placeholder alt text
By Emma BurleighOctober 4, 2026
North America
Where Americans are moving by generation, according to U-Haul: Boomers pick the Carolinas, Gen Z picks Texas and Californiaplaceholder alt text
By Andrew McGowanOctober 3, 2026
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