MIT economist: Markets have overestimated AI-driven productivity gains
The promise of an AI-driven productivity boom is music to everyone’s ears—but it has been overestimated.
Business
Trump says he would fire SEC Chair Gary Gensler on Day One. It’s not that easy
The idea of Gensler getting tossed on the first day of a Trump presidency is satisfying for many but, as a law professor explains, it's more complicated than that.
Wall Street is rebounding from its worst day in years
It's on track to break a brutal three-day losing streak.
Tim Walz shakes up the 2024 race: 5 insights on Harris’s new running mate
It would be hard to find a more vivid representative of the American heartland than Walz.
Nvidia’s Jensen Huang didn’t get hurt in the selloff—he sold $360 million in stock before it declined
From July to the time of writing, the average value of Huang's daily sale was $14.44 million.
Lawsuits allege high levels of lead in General Mills’ Cocoa Puffs cereal
Class-action suits demand $5 million in damages.
Jimmy John’s enters value meal price wars with $10 deal
Move follows discounts by McDonald’s, Wendy’s and more
‘Are jurors going to see this as negligence or something worse?’ Boeing hearings underway for the 737 Max door plug blowout
The NTSB's two-day hearing revolves around the Jan. 5 accident that left a gaping hole in the side of an Alaska Airlines jet.
Arch Capital stock price target raised, rating held by Keefe, Bruyette & Woods
On Tuesday, Keefe, Bruyette & Woods, a financial services company, adjusted its stock price target...
