How Gwyneth Paltrow’s Goop lost its glow
Gwyneth Paltrow took a measured tone earlier this year when she discussed Goop, her newsletter turned e-commerce company, onstage at a Forbes event. She didn’t brag about the nine figures the brand had raised or its latest product release. Instead, she said she was proud Goop was still in business. “Some years we’re down, then…
Biden is withdrawing his broader student-loan forgiveness plans that were set to cancel debt for over 38 million borrowers
President Joe Biden withdrew his plan for broader student-loan forgiveness. President Joe Biden’s administration has officially scrapped its unfinished rules for broad student-loan forgiveness. The Education Department posted notices to withdraw its plans to cancel student debt for over 38 million borrowers. The withdrawal notices were for two of the department’s unfinished debt relief rules.…
Reddit cofounder Alexis Ohanian predicts live theater and sports will become more popular than ever as AI grows
Alexis Ohanian discussed the future of AI on the podcast “On Purpose with Jay Shetty” this week. Alexis Ohanian predicted that in a future oversaturated with artificial intelligence, people will seek out more raw, emotive human experiences. And in 10 years, he said, live theater will be more popular than ever. The 41-year-old, who co-founded…
Video game stocks look poised to soar amid a stacked 2025 release calendar, research firm says
GTA VI logo from the trailer displayed on a laptop screen and PlayStation DualSense controller. Video game stocks are poised to surge in 2025 ahead of a huge lineup of blockbuster releases, according to Ned Davis Research. The firm initiated the video game theme at “overweight” for 2025, predicting 22% upside relative to the S&P…
MrBeast’s ‘Beast Games’ on Amazon has a strange message about money
MrBeast in a promotional photo for his competition TV show, “Beast Games.” “Beast Games,” the game show on Amazon Prime Video from MrBeast, debuted Thursday, and I watched along with my elementary-aged son. As an adult, I enjoyed the spectacle and found the show highly watchable. But as a parent, I’m not sure I liked…
Elon Musk says he’ll fund ‘moderate candidates’ to challenge Democrats in safer seats
After spending at least $277 million on Trump and other Republicans in 2024, Musk says he’ll go after Democratic lawmakers in safer seats, like Rep. Richard Neal (left). Elon Musk spent at least $277 million supporting President-elect Donald Trump and other Republican candidates in competitive races in 2024. Now, he says he plans to direct…
Nvidia stock has another 23% upside and the success of Blackwell will be the chipmaker’s big story of 2025, Morgan Stanley says
Nvidia’s Blackwell chip will be the company’s biggest story in 2025 — and the success of the next-gen GPU will overshadow any lingering concerns investors may still have, Morgan Stanley said. In a note this week, the bank reiterated its “overweight” rating on Nvidia stock and said the chipmaker remained its “top pick” going into…
Why Trump is pushing hard to defuse the debt ceiling now and what it would mean for America
President-elect Donald Trump called on Congress to raise or eliminate the debt ceiling. The debt ceiling is the unexpected debate in Washington this week after President-elect Donald Trump threw the annual holiday-season government funding talks into disarray. Trump wants to raise or eliminate the limit on how much the federal government can borrow. Doing so…
Stock market today: Dow soars 498 points as stocks bounce back from Fed-fueled plunge
US stocks surged on Friday, recovering some of the week’s losses sparked by a hawkish Federal Reserve. The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday gains after being up over 800 points. The Nasdaq Composite and the S&P 500 were up over 1%. The market opened lower, though…
