The world’s most powerful economies are increasingly alarmed by their declining birthrates, and there’s no shortage of theories on why. SpaceX founder Elon Musk suggests society is “teaching a fear of pregnancy,” while policymakers in France seem to believe young people are simply forgetting to procreate, and sent reminder letters to 29-year-olds as a result.
Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies to get inflation under control. The professor of applied economics at Johns Hopkins University is now helping Venezuela and has been named a special advisor to the country’s National Assembly. He told Fortune’s Shawn Tully that his
Your shots of Fireball could soon get pricier. The Trump administration’s threatened 50% tariffs on some popular Canadian goods went into effect Saturday morning after trade talks with its northern ally fell apart the night before. Canadian Prime Minister Mark Carney later announced a series of dollar-for-dollar counter-tariffs on imported US goods. Those tariffs will
The robot uprising may have to wait. For now, the machines are still running headfirst into walls, both literal and metaphorical. That reality was on grand display at the second iteration of the World Humanoid Robot Games, a five-day competition held in China where robots compete in Olympic-style events, which kicked off on Saturday. Notably,
The enormous mountain of debt hanging over the economy has overshadowed the AI boom as the center of attention on Wall Street. For years—decades even—the spiraling trajectory of U.S. debt fueled dire warnings, which investors consistently brushed off as low borrowing costs helped turbocharge epic stock gains. Meanwhile, the debt pile galloped higher, interest costs
America’s largest trade association of cattle producers says President Donald Trump’s plan to lower beef prices is political theater. The National Cattlemen’s Beef Association, which represents more than 175,000 cattle producers and feeders, said on Friday that the strategy would do more harm than good for the industry. Earlier that day, Trump said the US
