Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review,…
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Fastly stock price has staged a strong comeback this month, reaching its highest point since January 22nd. It has risen in the last five consecutive weeks, and is now up…
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Shares of FS KKR Capital Corp fell sharply after Moody’s downgraded the private credit fund run by KKR to junk status, intensifying investor concerns over deteriorating asset quality and weak…
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Nike stock price has crashed to an important support level, and technicals suggest that it may drop further in the coming weeks or months. NKE has dropped in the last…
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NetGear Inc (NASDAQ: NTGR) is pushing aggressively to the upside this morning after the FCC announced a sweeping ban on the import of new foreign-produced wireless routers. Investors are cheering…
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Economy
Ending the Era of Energy Favoritism: How Technology-Neutral Policy Can Unlock the US Power Grid
Executive Summary The United States has exceptionally abundant energy resources and a rich portfolio of energy-producing technologies. Nevertheless, its power sector un-derdelivers due to institutionally distorted policy design rather than…
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US stocks opened lower on Tuesday as renewed uncertainty over the Middle East conflict dampened momentum from the previous session’s rally. Investors grew cautious despite US President Donald Trump’s decision…
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Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting…
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Shares of Tesla rose around 1.6% to $387.85 in early trading Tuesday, building on gains from the previous session even as broader markets showed signs of weakness. The S&P 500…
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A new Harvard-Harris poll shows that 60 percent of voters believe teachers unions should stay out of politics. A differently worded poll would likely reveal even stronger sentiment. Ask voters…