US Treasury Debt-to-GDP Ratio Rises to 122% in Q4, Highest since Covid Spike
The ugly debt monster grew faster than current-dollar GDP. By Wolf Richter for WOLF STREET. The US government-debt monster needs to…
How Much Have Americans Aged 65–74 Saved for Retirement? New Data Reveals Surprising Trends
Key Takeaways Many Americans in their mid-60s to early 70s are entering retirement with a mix of savings,…
Altman Says Musk’s Idea to Put Data Centers in Space Is ‘Ridiculous’
SpaceX CEO Elon Musk and OpenAI CEO Sam Altman famously don’t agree on much. The latest point of…
Africa’s largest diamond miner posts $511 million loss amid weak Chinese demand and U.S. tariff pressures
The group posted an underlying loss before interest, taxes, depreciation and amortisation (EBITDA) of $511 million for the…
9 Charming Southern Cities Where You Can Retire on $1,900 (Or Less)
Retiring in a charming Southern city doesn’t have to break the bank. You can enjoy a scenic river,…
Amazon’s Blundering AI Caused Multiple AWS Outages
Arda Kucukkaya / Anadolu via Getty Images Are AI tools reliable enough to be used at in commercial…
When the State Takes All the Credit
A crowding-out that has already arrived Ethiopia’s public finances are increasingly defined by the government’s growing appetite for…
Charlie Munger said saving $100K creates the fast track to wealth, but here’s why just 20K can set you up for success
JOHANNES EISELE / Getty Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the…
Warren Buffett’s Last Move Was Selling Amazon And Buying This Stock Instead
Berkshire Hathaway (NYSE:BRK-A), one of the renowned conglomerates formerly led by investor Warren Buffet has made a few…
Word of the day: Spondulicks
“Spondulicks” is a plural noun and an old-fashioned slang term meaning money or funds. It is typically used…
How to diversify your 401(k) in under an hour
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…
Latham & Watkins poaches two more partners from rival Wachtell Lipton
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this…