Fed Chair Jerome Powell can’t keep ignoring the climate elephant—or its impact on inflation—at Jackson Hole
This week at the Jackson Hole symposium, the annual gathering of the Federal Reserve in the Grand Tetons, the people who guide our financial markets will discuss the state of…
From Darwin to Wall Street: Harnessing Evolutionary Theory for Smarter Investments
Many of the businessmen I know are well-versed in economics, but none uses the science in their daily work. No other science is so thoroughly ignored by its practitioners. The…
The rise and fall of America’s AI mayoral candidate
If elected mayor, Victor Miller, 42, told voters he would govern Cheyenne, Wyoming, a town of just shy of 65,000 residents, via an AI chatbot modeled on OpenAI’s GPT-4. He…
Doritos teams with SpaceX for new chips
The astronauts on SpaceX’s Polaris Dawn mission will have a snack waiting for them when they finish the first civilian spacewalk in history. Doritos has teamed with SpaceX to send…
Companies are monitoring employees, and they’re okay with it
Employers are increasingly listening in on their workers, and a surprising number of employees don’t have a problem with it. When asked whether they would voluntarily give their company access…
What’s a rage ritual retreat?
Ask me about the last time I had a full-on temper tantrum, and my answer will no longer be, “My 8th birthday party.” It was actually a couple of weekends…
AI, Search, and the Travel Creator
Last year, Google rolled out something called “the helpful-content update” (HCU). It felt that too many websites were over-optimized for search and not run by real people providing real answers…
Arch wants to rebuild trust in crypto lending with $5 million in funding and a $70 million debt facility backed by Galaxy
The crypto industry may try to pretend that the collapses of 2022 are a distant memory, but the lending sector has not recovered from the catastrophic implosion of firms like…
PayPal partners with crypto bank Anchorage Digital to offer stablecoin rewards—despite murky legal rules
When PayPal joined the stablecoin wars in August 2023 with its dollar-backed PYUSD, the crypto industry celebrated the entrance of a TradFi company into a competitive arena dominated by crypto-native…
Elon Musk was just forced to reveal who really owns X. Here’s the list.
Bill Ackman and Sean ‘Diddy’ Combs are among the list of owners of Elon Musk’s X, the social media site formerly known as Twitter. The platform has been forced to…
