VW ‘cannot keep up’ against Chinese EV makers: CEO
Competing against Chinese electric vehicles in China is no easy task. Just ask the CEO of Volkswagen. The German automaker
Elon Musk’s friends to help raise $3 billion for xAI
Elon Musk’s artificial-intelligence startup could get a major boost as xAI races to catch rivals like OpenAI and Anthropic in
Fed rate cuts: Top economist says no easing this year
Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists,
Yellen presses China on its ‘potential to flood our markets with exports’
U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put
P&G recalls detergent pods over child-resistant packaging flaw
Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in
Why I’m yet another woman leaving the tech industry
In my twenties, I thought I would someday become a lawyer. Having interned for U.S. Senator Maria Cantwell and then
‘Black Swan’ hedge funder Mark Spitznagel insists he’s no permabear: ‘Cassandras make terrible investors’
Mark Spitznagel has developed a reputation as a pessimist over the years. But it’s a distinction the co-founder and CIO
California’s $20 minimum wage could hike its unemployment rate, Scott Sumner says
California implemented its $20 minimum wage law for fast-food workers on Monday, bumping pay up to 25% from the state’s
Portfolio manager’s top 3 AI stocks for the next decade
Some call AI a “revolution” akin to the development of the internet, or a modern-day “gold rush” with potential to
Jonathan Recanati quit $100,000 Deutsche Bank job to start Farmer J and pursue work-life balance
Long hours in exchange for a handsome salary is a common trade-off made by those in banking. But after three