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Economy

Elon Musk warns the U.S. is ‘1,000% going to go bankrupt’ unless AI and robotics save the economy from crushing debt

“We just need enough time to build the AI and robots to not go bankrupt before then.”

By Jason MaFebruary 7, 2026
sarandos
Netflix dominates streaming. No wonder it’s trying to redefine the market
By Hal SingerFebruary 7, 2026
bessent
Before Kevin Warsh has even taken over as Fed chair, Trump is joking about suing him. Scott Bessent is fine with that
By Fatima Hussein, Christopher Rugaber and The Associated PressFebruary 7, 2026
new jersey
No, judge tells Trump. You can’t cripple $16 billion in funding for New York City and New Jersey
By Anthony Izaguirre, Dave Collins and The Associated PressFebruary 7, 2026
trump
As Republicans slash $1 trillion out of Medicaid, Democrats see ‘a banger of an issue’ to campaign on
By Ali Swenson, Jeff Amy and The Associated PressFebruary 7, 2026
Latest Stories
Future of WorkAnthropic cofounder says studying the humanities will be ‘more important than ever’ and reveals what the AI company looks for when hiring
By Jason MaFebruary 7, 2026
omar
PoliticsIlhan Omar’s husband is rich. The Republican oversight chairman is investigating why
By Stephen Groves and The Associated PressFebruary 7, 2026
AIAI can make anyone rich: Mark Cuban says it could turn ‘just one dude in a basement’ into a trillionaire
By Sydney LakeFebruary 7, 2026
giannis
BankingNBA star Giannis Antetokounmpo gets in bed with sports gambling as a Kalshi shareholder
By Jay Cohen and The Associated PressFebruary 7, 2026
hegseth
PoliticsHarvard is too ‘woke’ for Trump’s Pentagon
By Jocelyn Gecker, Collin Binkley and The Associated PressFebruary 7, 2026
Airbnb CEO Brian Chesky
SuccessAirbnb’s Brian Chesky says CEOs don’t have to be ‘miserable’—that’s why he got rid of emails and banned meetings before 10 a.m.
By Emma BurleighFebruary 7, 2026
Epstein
EuropeEurope reels at Epstein files, sacking top diplomats, politicians, even princes. America shrugs
By Jill Lawless and The Associated PressFebruary 7, 2026
C-SuiteYou’ve vanquished your rival in a CEO succession race. Now, how do you lead them?
By Claire ZillmanFebruary 7, 2026
More EconomyPage 95 of 100
Xi Jinipng
FinanceChina just recorded the lowest level of foreign direct investment since 1993
By BloombergFebruary 19, 2024
FinanceGerman companies are pouring a record amount of investments in the U.S. as Germany’s tight economic relationship with China wobbles
By Ryan HoggFebruary 19, 2024
An oil pumpjack
FinanceWholesale prices jumped in January, the latest sign inflation remains stubbornly sticky: ‘The Fed will be concerned’
By Christopher Rugaber, The Associated Press and Irina IvanovaFebruary 16, 2024
Shopper looking at coat in a store
RetailRetail sales fall more than expected in January as higher prices finally catch up to consumers’ spending power
By Anne D'Innocenzio, The Associated Press and Irina IvanovaFebruary 15, 2024
Interest rate expectations drove markets
FinanceNvidia, DaVita drive S&P 500 gains after steep losses yesterday
By Stan Choe and The Associated PressFebruary 14, 2024
Jeremy Siegel
FinanceThe Wharton professor who called tech stocks a ‘sucker’s bet’ in 2000 before the dotcom crash says we aren’t in another bubble—yet
By Will DanielFebruary 14, 2024
FinanceThe stock market just threw a tantrum—here’s why
By Will DanielFebruary 14, 2024
Jerome Powell
FinanceWall Street’s winning streak shattered on ‘sticky’ inflation data as Dow falls over 500 points from record high
By Stan Choe and The Associated PressFebruary 13, 2024
FinanceAmericans are judging the economy ‘more harshly’ due to politics and an over 15% ‘perceived inflation’ peak, Goldman Sachs says
By Will DanielFebruary 13, 2024
Standard Chartered CEO Bill Winters
FinanceCEO of a $19 billion U.K. bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
By Paolo ConfinoFebruary 13, 2024
UPS CEO Carol Tome
NewslettersAI is leading to job losses, but not in the way people feared
By Jeremy KahnFebruary 13, 2024
Jerome Powell
FinanceInflation fails to fall below 3%, disappointing economic forecasts
By Christopher Rugaber and The Associated PressFebruary 13, 2024
Photo of Elon Musk
FinanceElon Musk weighs in on U.S. national debt debate, joining the likes of Jamie Dimon and Jerome Powell in expressing concern about the $34 trillion Uncle Sam owes
By Christiaan HetznerFebruary 13, 2024
Dollar stores
RetailMeet the worst offenders on ‘shrinkflation’: dollar stores
By Sasha RogelbergFebruary 12, 2024
Elon Musk
TechTop labor economist says don’t believe the AI doom narrative—and his reason why is the ‘underpopulation crisis’ Elon Musk talks about
By Irina IvanovaFebruary 12, 2024
CommentaryHere’s how the U.S., Europe, and China are faring in the post-pandemic race for economic growth
By Philipp Carlsson-Szlezak and Paul SwartzFebruary 12, 2024
RetailEurope’s economic crisis has obliterated Gen Z and millennial drinking habits—and it might be kicking off a long-term sobriety movement
By Ryan HoggFebruary 12, 2024
Supporters of Imran Khan's Pakistan Tehreek-e-Insaf party
PoliticsAsia’s fastest inflation just got a political crisis as Pakistan’s middle class throws majority to jailed Imran Khan’s party
By Eltaf Najafizada, Ismail Dilawar and BloombergFebruary 11, 2024
Yanis Varoufakis
FinanceDid capitalism already die and nobody noticed? Yanis Varoufakis thinks so
By Nick LichtenbergFebruary 11, 2024
Minotaur at the mall
FinanceThe Cassandra of ‘technofeudalism’ on capitalism’s ‘global minotaur phase’ of titanic deficits, debts and gambles
By Yanis VaroufakisFebruary 11, 2024
Jamie Dimon, CEO of JPMorgan Chase.
FinanceJamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history—and experts say it could cost Americans their homes, spending power, and national security
By Eleanor PringleFebruary 11, 2024
Trading Places
SuccessThe wealth gap is getting worse, and rich white people are getting even richer
By Cora Lewis and The Associated PressFebruary 10, 2024
Bald senior man wearing sunglasses while drinking juice in inflatable ring during vacation
SuccessThe U.S. is in the midst of another ‘Great Retirement’ wave
By Alex Tanzi and BloombergFebruary 9, 2024
Layoffs
TechOver 4,000 workers have lost their jobs to AI since May, outplacement firm estimates—and that’s ‘certainly undercounting’
By Jo Constantz and BloombergFebruary 8, 2024
Tom Barkin
FinanceWith the whole world waiting for the Fed to cut rates, official says ‘history tells many stories of inflation head-fakes’
By Christopher Rugaber and The Associated PressFebruary 8, 2024
NYSE
FinanceStocks’ record highs persist as the S&P 500 flirts with hitting 5,000 for the first time ever
By Stan Choe and The Associated PressFebruary 8, 2024
FinanceLockdowns will be a drag on the economy for 40 years thanks to their impact on students, OECD says
By Will DanielFebruary 8, 2024
Jerome Powell
FinanceAfter Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034
By Fatima Hussein, Josh Boak and The Associated PressFebruary 8, 2024
Commercial real estate
FinanceBillionaire investors see an ‘existential crisis’ and ‘very, very ugly market’ in commercial real estate—and Moody’s just downgraded a key regional bank to junk status
By Will DanielFebruary 7, 2024
Jerome Powell
FinanceJerome Powell is vague on rate cuts because he’s ‘petrified’ of repeating the mistakes of one predecessor, says ‘Big Short’ investor Steve Eisman
By Will DanielFebruary 6, 2024
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Even with $850 billion to his name, Elon Musk admits ‘money can’t buy happiness.’ But billionaire Mark Cuban says it’s not so simpleAn image of a popular article
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