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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 58 of 100
Bank of America’s Moynihan sees Trump’s tariffs starting to de-escalate
EconomyBank of America’s Moynihan sees Trump’s tariffs starting to de-escalate
By Sarah Maddox and BloombergDecember 28, 2025
  • Man with laptop working on yacht deck.
    SuccessThe average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
    By Orianna Rosa RoyleDecember 23, 2025
This Warren Buffett-backed wildlife rehab center estimates not having old newspapers to use would create more than $10,000 a year in new costs
North AmericaThis Warren Buffett-backed wildlife rehab center estimates not having old newspapers to use would create more than $10,000 a year in new costs
By Michael Weissenstein and The Associated PressDecember 28, 2025
The retirement of this notoriously finicky card marks the end of an era for one of the world’s oldest and largest transit systems
North AmericaThe retirement of this notoriously finicky card marks the end of an era for one of the world’s oldest and largest transit systems
By Philip Marcelo and The Associated PressDecember 28, 2025
Greg Hart, CEO of Coursera
SuccessGetting hired in 2026 is all about your ‘microcredentials’ says CEO of $1.3 billion learning platform—this is what he tells Gen Z to focus on
By Eleanor PringleDecember 28, 2025
Brutal year for stock picking spurs trillion-dollar fund exodus
InvestingBrutal year for stock picking spurs trillion-dollar fund exodus
By Isabelle Lee, Alexandra Semenova and BloombergDecember 27, 2025
Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
BankingRussian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
By Jason MaDecember 27, 2025
  • students
    CommentaryWhy restricting graduate loans will bankrupt America’s talent supply chain
    By Katica RoyDecember 23, 2025
After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
EconomyAfter U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
By Jason MaDecember 27, 2025
Federal Reserve Gov. Chris Waller engages 200 top CEOs at the Yale CEO Summit in December, 2025. (Photo courtesy of the Yale Chief Executive Leadership Institute/Photographer Donovan Marks)
CommentaryWhy over 80% of America’s top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair
By Jeffrey Sonnenfeld and Steven TianDecember 27, 2025
Three in four Americans say groceries are so expensive they’ve been forced to cut down on other spending
RetailThree in four Americans say groceries are so expensive they’ve been forced to cut down on other spending
By Andrew Adam Newman and Retail BrewDecember 27, 2025
research
Cybersecurity2026 will be the year you get fooled by a deepfake, researcher says. Voice cloning has crossed the ‘indistinguishable threshold’
By Siwei Lyu and The ConversationDecember 27, 2025
mine
Economy‘You can’t see China now as a reliable supply-chain partner’: Graphite mines forsaken for 70 years come back into fashion
By Michael Hill and The Associated PressDecember 27, 2025
  • Powerball
    LawChristmas season brings $1.7 billion Powerball for a lucky winner. It hasn’t hit yet
    By Olivia Diaz and The Associated PressDecember 23, 2025
Anduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
PoliticsAnduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
By The Associated PressDecember 26, 2025
Trump
EconomyTrump’s tariffs actually slashed the deficit from a record $136.4 billion to less than half that. Here’s what else they did
By Wyatte Grantham-Philips, Paul Wiseman and The Associated PressDecember 26, 2025
Powerball
North America$1.8 billion Christmas jackpot comes to Arkansas with winning Powerball ticket
By Olivia Diaz and The Associated PressDecember 25, 2025
The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’
EconomyThe Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’
By Jason MaDecember 25, 2025
tariffs
Politics53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
gas
EnergyAmericans may be angry about affordability, but gas prices are the cheapest they’ve been all year in most states
By Wyatte Grantham-Philips and The Associated PressDecember 24, 2025
Donald Trump, standing in the Oval Office, frowns and looks to the side.
EconomyObama’s former top economic advisor says he feels ‘a tiny bit bad’ for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
Millionaire tax plans spread as Washington state eyes new levy
EconomyMillionaire tax plans spread as Washington state eyes new levy
By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & EntertainmentWhen SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
Arkeem and Ashley with their 6 children.
SuccessMeet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college
By Eva RoytburgDecember 24, 2025
Close up shot of sad worker in festive decorated office packing desk belongings on last day at work. Asian woman wearing xmas hat getting fired from job before Christmas holiday season, leaving
EconomyGDP data confirms the Gen Z nightmare: the era of jobless growth is here
By Eva RoytburgDecember 24, 2025
The Powerball prize now stands at $1.7 billion. Here are the biggest jackpots in history—and where the winning tickets were sold
North AmericaThe Powerball prize now stands at $1.7 billion. Here are the biggest jackpots in history—and where the winning tickets were sold
By The Associated PressDecember 24, 2025
Calvin Butler, President and CEO, Exelon
EnergyUtility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’
By Nick LichtenbergDecember 24, 2025
economy
CommentaryWhy 4.3% GDP growth proves the ‘vibecession’ theory is historically wrong
By Brian HamiltonDecember 24, 2025
Photo of gold bars.
InvestingWhy gold went through the roof this year—and why its price may have been raised permanently
By Jim EdwardsDecember 24, 2025
President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
Economy‘Precarious’ is Wall Street’s defining word for 2026
By Eleanor PringleDecember 24, 2025
Move over caviar, the hottest luxury ingredient is crab
RetailMove over caviar, the hottest luxury ingredient is crab
By Matthew Kronsberg and BloombergDecember 24, 2025
Americans enjoy one refuge from inflation: The cheapest gas prices in years
EnergyAmericans enjoy one refuge from inflation: The cheapest gas prices in years
By Wyatte Grantham-Philips and The Associated PressDecember 23, 2025
Medicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
PoliticsMedicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
By Fatima Hussein and The Associated PressDecember 23, 2025
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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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