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Close up shot of young Gen-Z female with colorful hair at a cafe

‘The kids aren’t alright,’ warns top economist, as unemployed, pessimistic Gen Z living with parents blow a $12 billion hole in consumption

“Young workers are more vulnerable to economic downturns, and a weak labor market can have a lasting negative impact on wage growth and earning potential,” economist Grace Zwemmer writes.

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‘The kids aren’t alright,’ warns top economist, as unemployed, pessimistic Gen Z living with parents blow a $12 billion hole in consumption

Global

Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur

Scott Galloway fears a market crash or social crisis in the next year. A top finance professor recommends putting money into baseball cards

Gen Z college students have found a new cheat code to land them an AI-proof job: double majoring

Investment alarm bells ring: For the first time in 20 years, AI bubble fears have fund managers saying companies are overdoing it

Middle East

A key negotiation for Trump, MBS during Saudi visit to Washington: future Palestinian statehood

Some consumers are paying to power data centers that don’t exist yet while states ask if demand forecasts are real — ‘Nobody really knows’

The AI bubble may be showing up in an unexpected place: the shady forecasts of future electricity demand—and skyrocketing bills

Cincinnati Reds great Barry Larkin brings baseball to the Middle East, with camels carting in relief pitchers from the bullpen

News

Judge blasts ‘disturbing pattern of profound investigative missteps’ in DOJ’s case against former FBI chief James Comey

‘China was playing chess while the rest of us were playing checkers’: Bombshell study finds $200 billion of secret loans to U.S. businesses over 25 years

Larry Summers to step back from public commitments after appearance in Epstein files

House vote expected on full release of Epstein files as Trump backs down

North America

Trump, Gianni Infantino unveil ‘FIFA Pass’ to help foreign visitors to World Cup dodge immigration crackdown

Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’

Top analyst sees ‘genuine cracks for mid- to lower-end consumers’ as the K-shaped economy continues to bite

Rural America’s farm economy is struggling with its own K shape, as government payouts rocket to crisis levels

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Trump’s nuclear weapons tests will involve ‘noncritical explosions,’ not atomic blasts, energy secretary says

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

Trump says China’s Xi has assured him that he won’t take action on Taiwan during Republican’s term

It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families

Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers

Thanks to a donation from a Silicon Valley billionaire, the nation’s largest police fleet of Tesla Cybertrucks is about to hit the streets of Vegas

There’s a ‘decent chance’ the Supreme Court will OK Trump’s global tariffs, former USTR and national security official says

The professor leading OpenAI’s safety panel may have one of the most important roles in the tech industry right now

Amazon says its AI shopping assistant Rufus is so effective it’s on pace to pull in an extra $10 billion in sales

Meet the ‘King of K-pop’: This U.S.-educated computer engineer pioneered music industry practices that fueled the genre’s global expansion

I spoke to Bill de Blasio about being cloned—and what public figures can do when AI fakes strike: ‘All you can do is go online and deny what it is’

This founder went from designing Happy Meal toys to making prosthetic skulls for a living—and her company now rakes in $20 million a year

Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars

In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies

U.S. cattle faces a growing threat from a protected species of vulture spreading north amid climate change — ‘They just basically eat them alive’

The housing market, workers, and the economy are all stuck

Instacart, DoorDash, Gopuff and Zip are offering discounts to SNAP recipients getting cut off from food aid payments

Long lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown

It’s not just soybeans. China also stopped importing U.S. coal amid Trump’s trade war

Why this small business that sells cycling clothes for women decided to fight Trump’s tariffs — ‘our backs were up against the wall’

China to suspend some rare earth curbs, probes on U.S. chip firms

Sam Altman says OpenAI’s revenue is ‘well more’ than reports of $13 billion a year and hints it could hit $100 billion by 2027

Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger, but range anxiety is ‘stuck in people’s heads’

‘Godfather of AI’ says tech giants can’t profit from their astronomical investments unless human labor is replaced

Legendary investor Warren Buffett marks 3 straight years as a net seller of stocks with a new CEO about to take charge at Berkshire

Canadian prime minister apologized to Trump for the anti-tariff ad and says he told Ontario’s premier not to run it

Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on

Nvidia chief still hopes to sell Blackwell chips to China

Buffett’s Berkshire Hathaway cash pile soars to $382 billion

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