One big reason why US stock-market exceptionalism is here to stay
The US exceptionalism trade looks likely to persist, despite fears that America’s stock market dominance is waning as international stocks outperform the S&P 500 this year. That’s according to Goldman Sachs, which highlighted ae key advantage American companies have over their international peers: returns on investment in research and development and other areas aimed at…
One of Tesla’s biggest bulls is undeterred and calling for the stock to rally 800% over 5 years
Cathie Wood, chief executive and chief investment officer, Ark Invest. Cathie Wood, one of Tesla’s biggest cheerleaders on Wall Street, said she’s sticking to her call that the carmaker will see its stock soar more than 800% by the end of the decade. Speaking to Bloomberg, the Ark Invest chief investment officer said she sees…
The olds are falling in love with YouTube — and it’s another alarm bell for Hollywood
YouTube has grown in part thanks to older viewers. Traditional media companies have been fretting about losing kids to YouTube. But maybe they should also be worried about the 50-plus crowd. YouTube grabbed the top spot in total US TV watching in February, beating out the likes of Netflix and Disney and getting its biggest…
I sent my 9-year-old son to an etiquette camp. It might sound old-fashioned, but it taught him confidence and kindness.
An etiquette camp might sound a bit old fashioned, but good manners never go out of style. My 9-year-old son, Wells, has never been what you’d call a wild child. He’s got a good-natured streak and — like his mother — a deeply ingrained need to be a people-pleaser. Behavior issues? Aside from some angsty…
Mark Cuban says AI can’t completely automate the creative process
Mark Cuban thinks AI should be viewed as a powerful tool, not a replacement for human talent For Mark Cuban, parts of storytelling are intrinsically human. “AI can propose a million things in a second, but then somebody’s got to go through and decide what they’re going to put their money into,” Cuban said on…
Another bank jumps on the 5-day RTO train
Investment bank CEO Ken Moelis. Moelis & Co. is ending hybrid work and requiring employees to return to the office five days a week, joining a growing number of Wall Street firms rolling back remote work policies that took hold during the pandemic. The investment bank is calling workers back as Wall Street’s dreams of…
Social Security Administration commissioner nominee says he’s ‘never thought’ about privatizing the agency
Frank Bisignano, President Donald Trump’s nominee to lead the Social Security Administration, said during his Senate Finance Committee hearing on Tuesday that he’s “never thought” about privatizing the agency. Democratic lawmakers during the hearing questioned Bisignano about what they said are haphazard cost-cutting efforts by the White House DOGE office, with Sen. Sheldon Whitehouse of…
North Korea’s tallest building is an abandoned hotel that has never hosted a single guest. Take a closer look at the ‘Hotel of Doom.’
The Ryugyong Hotel in Pyongyang, North Korea. At 1,080 feet, North Korea’s Ryugyong Hotel in Pyongyang is one of the tallest unoccupied buildings in the world. The 105-story “Hotel of Doom,” which is also North Korea’s tallest building, has never hosted a single guest. Construction began almost 40 years ago, and it is not yet…
Trump’s latest crypto push: Getting into the stablecoin game
President-elect Donald Trump The Trump family is diving into another corner of the crypto scene. World Liberty Financial, the digital assets venture backed by President Donald Trump and his sons, is joining the stablecoin market with a token of its own. Like other stablecoins already in the market, the USD1 coin will be pegged to…
