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Economists Warn a Summer of Fun Could Lead to Autumn Pain

June 23, 2023 / no comments

Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.

AI Isn’t Coming for Marketers’ Jobs—Not Yet, at Least

June 23, 2023 / no comments

Nearly all CMOs are exploring generative AI. Looking forward, some believe the technology will inevitably reduce their team head counts and budgets.

This Trading Card Is So Preciousss, It Could Be Worth Millions

June 23, 2023 / no comments

The bounty has topped $2 million for a single card from the new “Lord of the Rings” edition of a popular fantasy game.

These SVB Depositors Got Burned—Now They’re Fighting Back

June 23, 2023 / no comments

Cayman Islands account holders lost their deposits but are still expected to pay back their loans.

Elliott Just Wants NRG to Be a Boring Company

June 23, 2023 / no comments

NRG Energy’s CEO is thinking about ways to grow. Maybe its investors just want cash.

Central-Bank Action Finally Cooling Global Economy

June 23, 2023 / no comments

Business activity in Europe slowed sharply in June as previously strong demand for services weakened, an indication that rising borrowing costs may finally be cooling the global economy.  

Forget the Cost of Living. What’s the Cost of Thriving in America?

June 23, 2023 / no comments

Two conservative thinkers clash over whether the middle class is more prosperous than a generation ago.

The ‘You-Make-A-Lot-of-Money Tax’ Hits More Americans

June 23, 2023 / no comments

The net investment income tax is coming due for millions more taxpayers than a decade ago. That’s no accident.

Where’s the Recession We Were Promised?

June 23, 2023 / no comments

The economy and the jobs market have turned out to be far less sensitive to interest rates than economists thought, at least so far.

A War-Themed Restaurant in Ukraine Finds New Resonance

June 23, 2023 / no comments

A restaurant that celebrates Ukraine’s struggles in earlier wars is finding a second life in this one.

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