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Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates

[unable to retrieve full-text content]Federal Reserve Gov. Chris Waller said high inflation readings ...View More

AMC’s stock registers biggest gain in a month

[unable to retrieve full-text content]The movie-theater chain’s shares saw their largest daily perce ...View More

Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.

[unable to retrieve full-text content]Michael Rhodes, who is taking the CEO job at Ally Financial, w ...View More

Why an early Easter could cost retailers $1.6 billion this year

[unable to retrieve full-text content]Easter sales will total $22.4 billion in 2024, according to th ...View More

Strong AI and the O-Ring model

Let’s say the Sumerians were gifted strong AI, simply as an exogenous shock to a historical model.&n ...View More

Daniel Kahneman, RIP…

Here is a WaPo obituary.  For the curious, here is my (earlier) Conversation with Daniel Kahnem ...View More

S&P issues negative outlook on five U.S. regional banks due to office space exposure

[unable to retrieve full-text content]Higher office space vacancies trigger rise in criticized and m ...View More

Merck’s stock rallies toward a record after FDA OKs arterial-hypertension drug

[unable to retrieve full-text content]Merck’s stock rallied into record territory Wednesday, after t ...View More

How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’

[unable to retrieve full-text content]Tech stocks have been on a wild ride over the past few years,  ...View More

Opening Borders

Open borders hasn’t been getting a lot of good press recently but next week Bulgaria and Romania wil ...View More

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