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This Is What Happens if the US Actually Hits the Debt Ceiling
The US is in the middle of another debt ceiling fight. The expectation is that it will get lifted before we hit the so called "drop dead" date — but …
3 years, 1 month ago
What Happens Now to All the Laid Off Tech Workers?
The US labor market looks rock solid. The unemployment rate is at its lowest level in 50 years, while layoffs continue to trend downward. But there's…
3 years, 1 month ago
Jan Toporowski Explains Why Capitalists Dislike Full Employment
In the wake of the Great Financial Crisis, the work of John Maynard Keynes experienced a revival, as people sought answers to the problem of sluggish…
3 years, 2 months ago
Introducing: Foundering - The John McAfee Story
The new season of Bloomberg's Foundering podcast retraces the life and gruesome death of John McAfee. In the 1980s and ’90s, the McAfee name was syno…
3 years, 2 months ago
Fabio Natalucci on How to Think About Financial Risk Right Now
The Federal Reserve raised interest rates at the fastest pace in decades in 2022. But despite the rapid shift in borrowing costs, not much in the fin…
3 years, 2 months ago
Steve Eisman on the 'Paradigm Shift' Happening in Markets Right Now
After a decade of dominance, 2022 saw tech stocks badly underperform the rest of the market. However, so far in 2023, tech stocks and other speculati…
3 years, 2 months ago
Viktor Shvets Declares Victory for Team Transitory and the Soft Landing
It was looking bad there for awhile for Team Transitory. Anyone who had previously even uttered the word "transitory" in regards to inflation was reg…
3 years, 2 months ago
The "Big Shift" That's Finally Causing Rents to Fall
Rent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of overall inflation. But good news: it seems pretty c…
3 years, 2 months ago
Why Corporate America Still Runs on Ancient Software That Breaks
Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews out of place and grounded thousands of flights. …
3 years, 2 months ago
What The Heck Is Happening With the Price of Eggs?
The price of eggs rose 60% in 2022, as measured by the Consumer Price Index. Meanwhile, wholesale egg prices are up 300% in the last year, creating a…
3 years, 2 months ago