6+ day, 2+ hour ago   (501+ words) The smartest thing Tim Cook did when he replaced Steve Jobs as Apple’s CEO was: He didn’t try to be Steve Jobs. The smartest thing John Ternus, who makes his public debut as Apple’s new CEO tomorrow (Wednesday), can do…...

6+ day, 4+ hour ago   (436+ words) For the last few years, A.I. economics were often framed as a single bottleneck: compute. Whoever had the most GPUs could train the largest models; whoever could afford inference at scale could ship the most capable products. Compute still matters enormously....

1+ week, 4+ day ago   (620+ words) SpaceX has allowed Starlink inside Ukraine, including Russian-occupied territory, since the war broke out in February 2022, but Musk has refused the use of Starlink in Russian airspace, arguing that it would escalate the war and that the two sides should…...

1+ week, 5+ day ago   (266+ words) That plain wrapper now holds about $59 billion, well over half of everything sitting in U.S. bitcoin funds combined—and its share is still climbing, capturing 75 percent of all new cash flowing into this sector. BlackRock charges 0.25 percent a year, which comes…...

1+ week, 5+ day ago   (275+ words) It’s September 1, and day one for Apple’s new CEO, John Ternus. His first major public test is just a week away: hosting Apple’s flagship product launch event next Wednesday. In an internal memo today, next week’s keynote was top of…...

1+ week, 6+ day ago   (198+ words) What was unique about the chaebol model was that these groups typically consist of dozens of legally separate companies spanning unrelated sectors, while effective control has remained concentrated in a founding family, sometimes even when that family now owns only…...

2+ week, 1+ hour ago   (189+ words) Citizens’ Mark Valentino and Eric Merlis unpack the business implications of Jackson Hole, arguing that the most important signal for Main Street may be the persistence of economic uncertainty. Valentino and Merlis make the case for disciplined preparation, financial flexibility…...

2+ week, 3+ day ago   (299+ words) Federal Reserve Chairman Kevin Warsh is concerned that inflation remains too high, but he’s not providing a clear direction on whether and when the central bank will raise interest rates. The new Fed chair took the podium today (Aug. 28) at…...

2+ week, 5+ day ago   (738+ words) observer.com For 48 years, central bankers, academics and investors have gathered in the Rocky Mountains for the annual Jackson Hole Economic Policy Symposium. This year’s gathering in Northwest Wyoming is closely watched as Federal Reserve Chairman Kevin Warsh prepares to…...

2+ week, 6+ day ago   (212+ words) On March 1, 1872, President Ulysses S. Grant signed an act dedicating Yellowstone “as a public park or pleasuring-ground for the benefit and enjoyment of the people,” withdrawing it from “settlement, occupancy, or sale.” The legislation created not just America’s first national park,…...