Barclays analysts say the U.S. economy has likely entered a “stall state,” with recession risks over the next two years now close to 50%. In a new research note, the bank explained that its updated “tipping points” model, which factors in recent payroll revisions, indicates that U.S. growth

Recent data shows that U.S. equities are now trading at their highest valuation levels in history, according to a Barchart analysis cited by Cbonds. Current valuations have surpassed even the extremes of the late-1990s dot-com bubble and the speculative surge leading up to the 1929 crash. These record levels

Warren Buffett has repeatedly emphasized in his shareholder letters and public remarks that a candidate’s educational background plays no role in his decision when selecting leaders for Berkshire Hathaway companies. For Buffett, character and business instinct matter far more than whether someone studied at an elite university or pursued

America’s power grid, the critical system behind everything from homes and hospitals to factories and electric vehicles, is showing signs of deep strain. A Bank of America Institute analysis finds that surging demand, outdated infrastructure, and widening regional divides have left nearly one-third of transmission lines and almost half

President Donald Trump has waded into the Cracker Barrel controversy, urging the restaurant chain to scrap its new branding and return to its traditional logo after a wave of MAGA backlash. The Tennessee-based company recently replaced its longtime emblem—a man in overalls sitting beside a wooden barrel—with a

OpenAI CEO Sam Altman says becoming a father earlier this year has reshaped his outlook on life and influenced how he thinks about the broader impact of artificial intelligence. Altman and his husband, Australian software engineer Oliver Mulherin, welcomed their first child, a son, in February via surrogacy, just weeks

The Trump administration is considering taking equity stakes in defense and munitions companies, Commerce Secretary Howard Lutnick said Tuesday. “There’s a monstrous discussion about defense,” Lutnick told CNBC’s Squawk Box when asked whether there is a limit to government ownership of private firms. “Lockheed Martin makes 97 percent

Federal Reserve Governor Lisa Cook reiterated Monday that she will not resign from her post, after President Donald Trump announced he was firing her over mortgage fraud allegations. In a statement, Cook said the president lacks the authority to remove her. “President Trump purported to fire me ‘for cause’ when

The White House has launched a campaign highlighting economic progress during President Donald Trump’s first six months, describing the period as “America’s golden age.” Economic data released Friday, however, shows a mixed picture. The U.S. economy added 73,000 jobs in the most recent month, compared with

President Donald Trump said Tuesday that all murder cases in Washington, D.C., should be prosecuted as capital punishment cases. “Anybody murders someone in the capital, capital punishment … If somebody kills somebody in Washington, D.C., we’re going to be seeking the death penalty,” Trump told reporters during a

India will keep purchasing oil wherever it secures the “best deal” in order to safeguard the energy needs of its 1.4 billion people, the country’s ambassador to Russia said Sunday. The statement from Ambassador Vinay Kumar comes just days before President Donald Trump’s 50% tariffs on India

With peace efforts faltering, Vice President JD Vance said Sunday that Russia had made “significant concessions” toward ending the war in Ukraine. Yet there is little visible evidence that President Vladimir Putin has shifted from his initial invasion goals since February 2022. In an interview on NBC’s Meet the

President Donald Trump lashed out at ABC and NBC in a string of posts on Truth Social, accusing the two networks of producing overwhelmingly negative coverage of his presidency. He claimed that “97%” of their stories about him were bad, and argued that the broadcasters function as “an arm of

The U.S. government may take equity stakes in more companies going forward, possibly through the creation of an American sovereign wealth fund, according to National Economic Council Director Kevin Hassett, one of President Donald Trump’s top economic advisers. Hassett’s comments Monday followed the administration’s move to

President Donald Trump said Monday that his Most Favored Nation (MFN) policy would slash prescription drug prices in the United States by as much as 1400% to 1500%. Speaking to reporters in the Oval Office, Trump compared the disparity in costs abroad versus at home. “We’re talking about where

The U.S. has confirmed its first human case of a flesh-eating parasite, the Department of Health and Human Services (HHS) said Monday. The infection was caused by the New World screwworm (NWS), a parasitic fly species whose larvae burrow into the flesh of living hosts using sharp mouth hooks,

President Donald Trump warned Monday that China must increase its supply of magnets to the United States or face steep trade penalties, saying, “we have to charge them 200 percent tariff or something.” His remarks come as Beijing grows more protective over rare earth elements, adding several magnets and other

President Donald Trump and Health and Human Services Secretary Robert F. Kennedy Jr. are reportedly preparing to phase out the COVID-19 vaccine “within months,” according to an associate of Kennedy’s. The claim marks a sharp reversal for Trump, who once celebrated the vaccine’s development under Operation Warp Speed

The Trump administration has been quietly preparing to send National Guard troops to Chicago as part of a broader push on crime and immigration enforcement, according to several U.S. media outlets. The Pentagon has been drawing up contingency plans that could see thousands of Guard members mobilized to the

A new MIT study finds that 95% of organizations aren’t seeing any financial return from their generative AI investments. Only a small fraction—about 5% of companies running integrated AI pilots—are reporting meaningful gains, with those few reaping millions in value. For the rest, AI adoption has so

A new study from Microsoft researchers is shedding light on how generative AI may reshape the workforce. Professions such as translators, historians, and writers scored among the highest for AI “applicability,” meaning the tasks they perform overlap heavily with what AI can already do. Customer service and sales roles—covering

A new workplace trend is emerging in which employees continue to show up and perform their duties, but are emotionally drained and mentally struggling. Roughly 54% of workers say they feel unhappy on the job — ranging from occasional discontent to constant dissatisfaction — according to a 2025 report by TalentLMS. “Quiet

Federal Reserve Chair Jerome Powell on Friday acknowledged the dual risks of a weakening job market and stubborn inflation, while suggesting the central bank may soon move toward lowering interest rates. His remarks came in a closely watched speech at the annual Jackson Hole, Wyoming economic symposium. “Risks to inflation

OnlyFans founder Leonid Radvinsky collected more than $700 million in dividends in 2024, as the adult content platform considers a potential sale. The Ukrainian-American entrepreneur, 43, received the payout through Fenix International Ltd., the London-based parent company, according to financial filings released Friday for the year ending November 30. OnlyFans

Donald Trump announced Friday that he had reached an agreement with Intel CEO Lip-Bu Tan under which the chipmaker would provide the U.S. government with a $10 billion equity stake — a deal Trump described as a model he intends to pursue with other companies. “I said, I think you