A new analysis warns that today’s stock rally may be fragile because many parts of the economy are moving in opposite directions. The writer notes that while most investors see a steady path forward, the mix of trends creates a danger that something unexpected could happen. Because it is hard to pre
Sen. Elizabeth Warren said on X that artificial intelligence could create trillions of dollars soon. She presented two options: let a few billionaires keep getting richer, or tax AI and put the money into schools, health care, and jobs. Warren has warned that fast automation could push many workers
The Met Gala’s red carpet was packed with stars this week, but the glitz wasn’t the only thing drawing attention. While models and musicians posed in over-the-top outfits, a group of protesters outside made sure no one forgot about the event’s biggest sponsor: a billionaire known for running one of
Lauren Sánchez Bezos stands out in fashion photos—not for her unique style, but for how her choices reflect the industry’s growing divide. Unlike those who appreciate fashion for its artistry and message, her approach seems more about personal luxury and less about meaningful impact. She embodies th
Sports betting has grown into a massive industry in recent years, with billions flowing through legal markets. But few people understand just how one-sided this game really is. Even billionaire investors like Warren Buffett have called it "a tax on stupidity, " a harsh way of saying most people lose
A Chinese tech boss is skipping traditional succession planning entirely. Instead of trusting boards or mentoring employees, he’s betting on biology. By paying American women to carry designer babies, he aims to produce an heir with pre-selected traits—like ordering custom products from a menu. This
Every year in April, Americans spend over seven billion hours wrestling with tax paperwork and arguing about fairness. Most of those debates rely on five persistent myths. The first big one says rich people dodge their taxes. Actually, the top 1 percent of earners make about one-fifth of all income
The state is facing a battle over money that could change how people get medical help. A bill from the Trump era promises more than a trillion dollars in tax cuts for the wealthiest citizens over ten years. That money comes from cutting budgets that many rely on, especially health programs. To keep
A big shot in the crypto world has some thoughts on taxes and wealth. Mike Novogratz, who runs Galaxy Digital, thinks the talk about taxing the super-rich should happen at the national level, not just in states like California. He said this isn't a small issue that will fade away. Novogratz believe
The super-rich have been living in a dream world. They've had the power to shape laws and politics to their liking, all thanks to some big court rulings. This has made them incredibly wealthy. The top 20 richest Americans saw their wealth double in just five years. But they've been doing this behind
