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Economy

mollick
‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy

Wharton’s Ethan Mollick said he talks to AI labs and CEOs all the time, and “anyone who’s like, ‘We have the playbook’—they’re lying to you.”

By Nick LichtenbergMay 25, 2026
Richard McCathron is President & CEO, Hippo.
I’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset
By Richard McCathronMay 25, 2026
b
The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire
By Nick LichtenbergMay 25, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
By Jacqueline MunisMay 24, 2026
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
By Nicholas Lua and BloombergMay 24, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
By Jason MaMay 24, 2026
Latest Stories
Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners
InvestingElon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
By Eva RoytburgMay 25, 2026
Huawei touts chip breakthrough to shorten gap with TSMC
AsiaHuawei touts chip breakthrough to shorten gap with TSMC
By BloombergMay 25, 2026
Simon Sinek says the most successful people in the world ‘hit zero’ or came close to it: Failure is ‘the gift’
SuccessSimon Sinek says the most successful people in the world ‘hit zero’ or came close to it: Failure is ‘the gift’
By Sydney LakeMay 25, 2026
Forget quiet quitting—4 in 10 millennials are taking ‘quiet vacations’ and checking out of work (and the country) on company dime instead
SuccessForget quiet quitting—4 in 10 millennials are taking ‘quiet vacations’ and checking out of work (and the country) on company dime instead
By Orianna Rosa RoyleMay 25, 2026
Kevin O'Leary gestures while testifying before Congress
SuccessShark Tank star Kevin O’Leary blasts the 4-day week as the ‘stupidest idea’ because the digital economy means we’re always working
By Preston ForeMay 25, 2026
Aerial view of a huge mansion and tennis court near waterways
Real EstateA billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
By Marco Quiroz-GutierrezMay 25, 2026
The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries’ train system for the U.S.’s ‘D’ rated infrastructure
Travel & LeisureThe U.S. campaigned to host the World Cup. Now soccer fans will trade their countries’ train system for the U.S.’s ‘D’ rated infrastructure
By Catherina GioinoMay 25, 2026
Becky Schmitt, the chief people officer of PepsiCo
Future of WorkPepsiCo CPO says their ‘secret sauce’ to hiring top talent is that they all have hustle—And are agile and curious in the AI era
By Emma BurleighMay 25, 2026
More EconomyPage 54 of 100
Why the $38 trillion national debt doomed Fed independence regardless of the Trump/Powell drama, top economist says
BankingWhy the $38 trillion national debt doomed Fed independence regardless of the Trump/Powell drama, top economist says
By Eva RoytburgJanuary 13, 2026
  • Venezuela slow-walks prisoner releases with 11 freed while over 800 remain locked up, including son-in-law of opposition presidential candidate
    PoliticsVenezuela slow-walks prisoner releases with 11 freed while over 800 remain locked up, including son-in-law of opposition presidential candidate
    By Regina Garcia Cano and The Associated PressJanuary 10, 2026
bastian
EconomyDelta sees wealthy high fliers leading to another record year—but its CEO sees the main cabin ‘struggling greatly’
By Nick LichtenbergJanuary 13, 2026
‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
AI‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
By Jim EdwardsJanuary 13, 2026
powell
BankingWhy the DOJ’s subpoena of Jerome Powell backfired so quickly, emboldening Republicans to stand up to Trump
By Christopher Rugaber, Josh Boak and The Associated PressJanuary 13, 2026
powell/trump
CommentaryIs Powell’s Fed head independence dead? Trump outfoxes himself this time
By Jeffrey SonnenfeldJanuary 13, 2026
As billionaires debate California’s wealth tax, a tech investor suggests other ways to raise revenue that target a huge loophole the rich exploit
Startups & VentureAs billionaires debate California’s wealth tax, a tech investor suggests other ways to raise revenue that target a huge loophole the rich exploit
By Jason MaJanuary 13, 2026
  • As U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply
    EconomyAs U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply
    By Jason MaJanuary 10, 2026
Photo: President Trump.
EconomyWall Street expects Trump’s Fed plot to ‘backfire’ spectacularly—perhaps even shutting the door more firmly on rate cuts
By Eleanor PringleJanuary 13, 2026
Two Southeast Asia 500 companies may merge—forming Malaysia’s largest construction conglomerate
AsiaTwo Southeast Asia 500 companies may merge—forming Malaysia’s largest construction conglomerate
By Angelica AngJanuary 13, 2026
A person in a hoodie holding a credit card.
CybersecurityConsumers lost $12.5 billion to fraud last year, and AI-powered scams are set to explode in 2026, Experian warns
By Amanda GerutJanuary 13, 2026
Overhead view of Boise, Idaho
Real EstateBuying a home is 150% more expensive than in 2019. But here’s why Trump’s plan to shut out institutional investors could raise costs even more
By Shawn TullyJanuary 13, 2026
Ascend Money wants to finance the 10 million-plus Thais currently being ignored by traditional banks stuck in the past
AsiaAscend Money wants to finance the 10 million-plus Thais currently being ignored by traditional banks stuck in the past
By Nicholas GordonJanuary 13, 2026
  • Facing a 682% inflation rate, Venezuelans work three or more jobs and still can barely afford any food. ‘Everything is so expensive’
    EconomyFacing a 682% inflation rate, Venezuelans work three or more jobs and still can barely afford any food. ‘Everything is so expensive’
    By Regina Garcia Cano, Matt Sedensky and The Associated PressJanuary 9, 2026
Forget the K-shaped economy, market veteran Ed Yardeni says—instead, it’s boomers hoarding wealth while Gen Z struggles to build it
EconomyForget the K-shaped economy, market veteran Ed Yardeni says—instead, it’s boomers hoarding wealth while Gen Z struggles to build it
By Tristan BoveJanuary 12, 2026
mackenzie
PoliticsBillionaire philanthropist MacKenzie Scott donates $45 million to LGBTQ+ youth hotline organization, The Trevor Project
By Thalia Beaty and The Associated PressJanuary 12, 2026
powell
EconomyThe 4.9% mystery: U.S. economy sees productivity surge, but drivers remain an ‘open question,’ top economist says
By Nick LichtenbergJanuary 12, 2026
‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’
AI‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’
By Jason MaJanuary 12, 2026
Americans making more than $100,000 are quickly losing faith in the economy—and it’s a red flag for the white-collar job market
EconomyAmericans making more than $100,000 are quickly losing faith in the economy—and it’s a red flag for the white-collar job market
By Tristan BoveJanuary 12, 2026
Young teacher in classroom
SuccessJust like during Great Recession-era job struggle, Gen Z graduates are pouring into education as Teach For America reports a 43% surge in new teachers
By Emma BurleighJanuary 12, 2026
Acquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills
Future of WorkAcquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills
By Jacqueline MunisJanuary 12, 2026
The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
EconomyThe FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
By Jason MaJanuary 12, 2026
Jerome Powell adjusts his glasses, looking to his left.
EconomyGoldman Sachs top economist says Powell probe won’t change the Fed: ‘Decisions are going to be made based on employment and inflation’
By Sasha RogelbergJanuary 12, 2026
U.S. President Donald Trump
EconomyTreasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
Photo: Jerome Powell
Economy‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
Malaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
AIMalaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
By Angelica AngJanuary 12, 2026
powell/trump
EconomyStock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence
By Eva RoytburgJanuary 11, 2026
DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
EconomyDOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
By Jason MaJanuary 11, 2026
Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
EconomyPowell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
By Jason MaJanuary 11, 2026
What global executives need to ask about China in 2026
AsiaWhat global executives need to ask about China in 2026
By Joe Ngai and Jeongmin SeongJanuary 11, 2026
A Supreme Court ruling that strikes down Trump’s tariffs would be the fastest way to revive the stalling job market, top economist says
EconomyA Supreme Court ruling that strikes down Trump’s tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
Greenland
PoliticsGreenland’s 1.5 million tons of rare earths might never get mined because there just aren’t any roads to them
By Josh Funk, Suman Naishadham and The Associated PressJanuary 11, 2026
Gene Ludwig
CommentaryMillions of Americans are grappling with years of declining economic wellbeing and affordability needs a rethink
By Gene Ludwig and Shannon MeyerJanuary 11, 2026
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Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to driveplaceholder alt text
By Sasha RogelbergMay 24, 2026
Real Estate
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trailplaceholder alt text
By Sydney LakeMay 24, 2026
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