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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 66 of 100
Jerome Powell, chairman of the US Federal Reserve
EconomyWall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting: The committee is unsure of the data and one another
By Eleanor PringleNovember 25, 2025
  • The Johor-Singapore SEZ will be more than an ‘industrial park with a nicer brochure,’ says the chair of the state’s investment committee
    AsiaThe Johor-Singapore SEZ will be more than an ‘industrial park with a nicer brochure,’ says the chair of the state’s investment committee
    By Jonathan GanNovember 20, 2025
Deloitte name atop its regional headquarters in Washington, D.C.
AIDeloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government
By Nino PaoliNovember 25, 2025
Trump
EconomyTrump’s gambit to save Republicans from a giant health insurance spike comes with a $50 billion price tag, CRFB estimates
By Nick LichtenbergNovember 24, 2025
Trump reportedly seeks to extend ACA subsidies as affordability push finds common ground with Mamdani; Centene, Oscar shares jump
PoliticsTrump reportedly seeks to extend ACA subsidies as affordability push finds common ground with Mamdani; Centene, Oscar shares jump
By Jason MaNovember 24, 2025
Photo of Vlad Tenev
SuccessAs boomers are forced back to work because they can’t afford to retire, Robinhood CEO says Gen Zers are opening retirement accounts at just 19 years old
By Emma BurleighNovember 24, 2025
Suddenly, the Fed interest rate cut in December looks like it is very much back on the table
BankingSuddenly, the Fed interest rate cut in December looks like it is very much back on the table
By Jim EdwardsNovember 24, 2025
  • Trump addresses the press corps while motioning to Scott Bessent
    PoliticsTrump tells Scott Bessent to fix the Fed’s high interest rates or ‘I’m going to fire your ass’
    By Dave SmithNovember 20, 2025
Bessent says health-care announcement coming this week
PoliticsBessent says health-care announcement coming this week
By Tony Czuczka and BloombergNovember 23, 2025
‘It didn’t have to be this way’: Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher
Economy‘It didn’t have to be this way’: Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher
By Jason MaNovember 23, 2025
Sad freelancer woman working on laptop in the evening
EconomySix-figure earners are ‘living the illusion of affluence’ while working side hustles, skipping meals, and pretending Venmo’s not working
By Jason MaNovember 23, 2025
Trump
EconomyTrump White House prepares tariff fallback ahead of court ruling
By Josh Wingrove and BloombergNovember 23, 2025
Trump
PoliticsTrump’s grip on party he remade weakens after string of setbacks
By Steven T. Dennis and BloombergNovember 23, 2025
  • A man walks outside of a Home Depot
    RetailHome Depot blames its recent sales slump on a major funk in the housing market: ‘Our customers are homeowners’
    By Dave SmithNovember 20, 2025
Zohran, Trump
PoliticsTrump says he’d ‘feel very comfortable’ in Mamdani’s NYC
By Skylar Woodhouse, Katia Porzecanski and BloombergNovember 23, 2025
Tea Party
Economy‘All over again, taxation without representation’: Tea enthusiasts, historians argue tariff regime is the same as the American Revolution
By Matt Sedensky and The Associated PressNovember 23, 2025
Albert Edwards
InvestingAnalyst who called the dotcom bubble says Americans are turning a deaf ear to AI warnings—and a worse meltdown than 2008 looms
By Nick LichtenbergNovember 23, 2025
Fortune Archives: The Jewish mogul who shaped the Christmas shopping season
RetailFortune Archives: The Jewish mogul who shaped the Christmas shopping season
By Indrani SenNovember 23, 2025
Linda McMahon
PoliticsStates stunned as Trump begins dismantling Department of Education
By Collin Binkley and The Associated PressNovember 23, 2025
For-sale sign advertising a "new price" in front of a home in Washington, D.C.
Real EstateMore than half of U.S. homes have dropped in value over the last year—and nearly all houses in these cities have seen losses
By Jason MaNovember 22, 2025
Mathew Bowyer
LawCaesars Palace fined $7.8 million over Shohei Ohtani interpreter’s money laundering issues
By The Associated PressNovember 22, 2025
The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’
EconomyThe Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’
By Jason MaNovember 22, 2025
Black
CommentaryThe exit economy is here. Black Women are paying the highest price
By Katica RoyNovember 22, 2025
Trump, Lula
EconomyLula stares down Trump and scores tariff victory for Brazil
By Daniel Carvalho, Augusta Saraiva, Dayanne Sousa and BloombergNovember 22, 2025
Zohran Mamdani
EconomyThe analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame
By Nick LichtenbergNovember 22, 2025
A man stands in a soybean field and looks down at a soybean kernel in his palm.
Economy‘We want to trust what we’ve heard’: Farmers remain unsettled on trade, even after China’s biggest U.S. soybean purchase in two years
By Sasha RogelbergNovember 21, 2025
U.S. President Donald Trump listening to remarks.
EconomyBrazil hails ‘historic victory’ after months of pressure as Trump removes 40% tariffs on coffee imports
By The Associated PressNovember 21, 2025
Why Nvidia is being punished for delivering a blockbuster earnings report
InvestingWhy Nvidia is being punished for delivering a blockbuster earnings report
By Jim EdwardsNovember 21, 2025
Jensen Huang looking dejected
InvestingThe stock market’s ‘fear gauge’ spiked to its highest level since Trump’s ‘Liberation Day’ tariffs caused a global selloff
By Dave SmithNovember 21, 2025
Ben Zweig
InvestingSolving the ‘Tower of Babel’ problem of data transparency for investors
By Ben ZweigNovember 21, 2025
Private credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
BankingPrivate credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
By Jim EdwardsNovember 21, 2025
Donald Trump
EconomyTrump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates
By Nick LichtenbergNovember 20, 2025
DOL
EconomyEconomy adds 119,000 jobs in September but revisions show first year with multiple negative months since 2020
By Paul Wiseman and The Associated PressNovember 20, 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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