Are we overestimating the value of AI?
Billions are being poured into advancing AI, despite big losses. Is an AI bubble forming, and what happens if it bursts?...
22hAl Jazeeraeconomics
Billions are being poured into advancing AI, despite big losses. Is an AI bubble forming, and what happens if it bursts?...
Chip Somodevilla/Getty Images, Anna Moneymaker/Getty Images Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that t...
Apple currently sells MacBooks equipped with its own M-series processors in a wide range of sizes and price points, all of which run the company’s newest operating system, macOS 26 . Purchasing a new ...
Donald Trump wants a Venezuelan oil reboot. But years of neglect have left corroded tanks, leaking pipelines and collapsing production...
Economists may have a pretty dismal record with predictions. But we're still interested in what they see in their non-existent crystal balls. (Image credit: Charly Triballeau/AFP via Getty Images)...
Article URL: https://renegaderesources.pro/p/the-venezuelan-oil-narative-is-pure Comments URL: https://news.ycombinator.com/item?id=46487006 Points: 5 # Comments: 3...
Beijing seeks to bolster revenues to compensate for slowing economic growth...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
Shoppers opened their wallets with gusto, but they favored low-cost options....
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Valuations may be spectacular and a bust could come — but while there’s exuberance there is no mania or irrationality...
Article URL: https://www.economist.com/christmas-specials/2025/12/18/the-battle-to-stop-clever-people-betting Comments URL: https://news.ycombinator.com/item?id=46398170 Points: 8 # Comments: 1...
Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...
Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
An image of the T1 phone from Trump Mobile TrumpMobile.com The Trump phone was announced in June and originally set to be released in August. Now, the company's customer service says the phone won't b...
Michael Burry, the investor of "The Big Short" fame. Astrid Stawiarz/Getty Images Michael Burry touted health insurer Molina as a winning stock pick on his Substack. The "Big Short" in...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
Image and video capabilities could be crucial in 2026. Getty Images Google Gemini announced it was partnering with Walmart to offer AI-powered shopping recommendations. Gemini will use Walmart and Sam...
Collectible cups, keychains, and tote bags are the new normal at fast food restaurants. Ploy Phutpheng/SOPA Images/LightRocket via Getty Images Collectable cups, keychains, and tote bags are the lates...