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Mark Zuckerberg wants Facebook, Inc. (Nasdaq: FB) to be the master of its own universe. So, he’s going all in on hardware and something he calls the “metaverse.” The social media giant announced...
A funny thing happened on the road to soaring internet rates ... Lower interest rates. Yes, it’s true. Despite extraordinarily hot readings on inflation ... news that the COVID-19 recession...
The stock market’s taking a hit today — especially in the Dow, off more than 800 points in midday trading. Big institutions are worried about the COVID-19 Delta variant, what it could do to...
One of the most important megatrends that I see is the expansion of artificial intelligence (AI). It’s increasing productivity, taking over jobs and driving innovation. In the next decade, AI will...
A single word has garnered a ton of attention lately: “transitory.” It’s how the Federal Reserve characterizes rising asset prices in industries across the board. But not all economists agree...
Where’d you go, good old Uncle Jay? That’s what Wall Street was left asking after Federal Reserve Chair Jerome Powell threw markets for a loop with his post-Federal Open Market Committee (FOMC)...
Don’t look now, but something in your wallet or purse is “shrinking” by the day. I’m talking about your U.S. dollars. While they may not be getting physically smaller, they are steadily losing...
It’s hard for this father to believe. But, next week, my older daughter Maya will graduate from high school. Then, a few months later, she’ll head off to Washington D.C. for college. If you’re a...
In 1986, my younger brother said to me, “Don’t be stupid. Buy Microsoft.” I was skeptical. In May 1984, Microsoft Corp. (Nasdaq: MSFT) started selling something called a “mouse” for $195,...
In a 28-page paper called “The Long Waves in Economic Life,” Russian economist Nikolai Kondratieff said that economic cycles come in regular waves that make changes easy to predict. During...