Investors tend to dread rate hikes, but some Wall Street pros say not to fret too much if the Federal Reserve raises interest rates this year. Odds are high that the Fed will hike rates at least once in the remaining months of 2026. As of Thursday afternoon, markets were pricing in a 71.8% chance
Good morning. Today is the 25th anniversary of the Sept. 11 terrorist attacks. This is a different country because of those attacks, and I often think about how people from all over the world rallied to help America in its time of grief. I’ve also been thinking about how different leaders faced that crisis. Jeff
Y Combinator CEO Garry Tan says people are getting distracted by Hollywood-style doomsday scenarios when they should be focused on the real AI risks emerging today. “I think that we need to be focused on science fact, not science fiction,” Tan said in a CNBC interview on Thursday. “I saw ‘Terminator 2’ also. It’s a
After a long week at work, the perfect Saturday for some people involves grabbing coffee with friends and walking around, spending the hard-earned money they toiled all week to earn. Shopping can be a form of therapy—it’s something even Cher Horowitz understood in Clueless. But Silicon Valley has a different idea: Shopping is a chore
Ukraine’s drones flew nearly 2,000 miles into northwestern Siberia to strike two Russian gas facilities, a record distance for the war, said Ukrainian special forces. The strikes on Wednesday targeted a major plant in Novy Urengoy, a gas-producing city, and another facility about 60 miles south in the Purovsky district, Ukraine’s Special Operations Forces, or
In February 1993, weeks into Bill Clinton’s presidency, James Carville famously quipped: “I used to think if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody.” What Carville was referring
