Finance

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America’s big banks are hiding behind racial equity to avoid new capital standards–but refuse to disclose the demographics of their small business lending

America’s big banks are hiding behind racial equity to avoid new capital standards–but refuse to disclose the demographics of their small business lending

By Carolina Martinez

January 10, 2024

The narrative of Bidenomics isn’t sticking because it doesn’t reflect Americans’ lived experiences

The narrative of Bidenomics isn’t sticking because it doesn’t reflect Americans’ lived experiences

By Deepak Bhargava and Stephanie Luce

January 8, 2024

Here’s the real reason AI can never replace financial advisors

Here’s the real reason AI can never replace financial advisors

January 5, 2024

Morgan Stanley executive chairman James Gorman

Outgoing Morgan Stanley CEO James Gorman, who saved the company after the 2008 financial crisis, gives himself an A- for his 14-year tenure

By Paolo Confino

January 4, 2024

Performative allyship has done more harm than good for women in tech. Here’s why

Performative allyship has done more harm than good for women in tech. Here’s why

By Allyson Kapin

December 28, 2023

Chamath Palihapitiya says venture capitalists also face disruption from AI—and startup founders stand to benefit

Chamath Palihapitiya says venture capitalists also face disruption from AI—and startup founders stand to benefit

By Steve Mollman

December 24, 2023

Elon Musk says it ‘establishes I’m not delusional’ about valuations when investors pile into his often turbulent ventures: ‘I’m not the sole decider’

Elon Musk says it ‘establishes I’m not delusional’ about valuations when investors pile into his often turbulent ventures: ‘I’m not the sole decider’

By Steve Mollman

December 23, 2023

Meta is one step closer to following in Airbnb’s footsteps as $954 million Italian tax case heads to EU judgment

Meta is one step closer to following in Airbnb’s footsteps as $954 million Italian tax case heads to EU judgment

December 22, 2023

There’s a ‘Great Economic Mismatch’ between experts and everyday Americans–but a 2024 soft landing could be about to bridge it

There’s a ‘Great Economic Mismatch’ between experts and everyday Americans–but a 2024 soft landing could be about to bridge it

By Sanjay Datta

December 21, 2023

OpenAI CEO Sam Altman

A startup tested if ChatGPT and other AI chatbots could understand SEC filings. They failed about 70% of the time and only succeeded if told exactly where to look

By Paolo Confino

December 21, 2023

You may have to wait longer for your flat-pack furniture as Ikea says products will face delays after Red Sea attacks

You may have to wait longer for your flat-pack furniture as Ikea says products will face delays after Red Sea attacks

December 21, 2023

Luxury audio brand that sells $139,000 speakers says it will beat the economic slowdown because ‘the rich will only become richer’

December 20, 2023

WeWork’s co-working model was supposed to fix traditional commercial real estate–but both the new idea and the centuries-old industry are failing

WeWork’s co-working model was supposed to fix traditional commercial real estate–but both the new idea and the centuries-old industry are failing

By Christelle Rohaut

December 19, 2023

Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?

Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?

By Philipp Carlsson-Szlezak and Paul Swartz

December 11, 2023

AI is so indispensable to this profession that 41% of the workers who use it say they’d rather take a pay cut than go without the technology

AI is so indispensable to this profession that 41% of the workers who use it say they’d rather take a pay cut than go without the technology

December 6, 2023

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