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Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
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Wall Street Likes the Fed's Communications Style. Main Street Does Not
Analysts say the central bank's leaders are doing a good job describing monetary policy changes and strategies. The general public doesn't share their view, a pair of surveys show.Inc. - Business -
Wall Street Turns Up the Heat on Companies to Perform
Shares of companies that missed first-quarter earnings estimates have slid an average of 2.8%, compared with the five-year average of a 2.3% decline.The Wall Street Journal - World -
Wall Street Isn't Sweating a Recession. Earnings Look Too Good
Companies are crushing first-quarter reports and fewer execs are mentioning the odds of a downturn.Inc. - Business -
Jim Simons, Math Genius Who Conquered Wall Street, Dies at 86
Using advanced computers, he went from M.I.T. professor to multibillionaire. His Medallion fund had 66 percent average annual returns for decades.The New York Times - Business -
How Jim Simons pioneered quantitative trading and transformed Wall Street
Billionaire investor Jim Simons, a mathematician who founded one of the most profitable trading firms of all time and pioneered the field of quantitative investing, has died at the age of 86.MarketWatch - Business
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Elon Musk’s Diplomacy: Woo Right-Wing World Leaders. Then Benefit.
Mr. Musk has built a constellation of like-minded heads of state — including Argentina’s Javier Milei and India’s Narendra Modi — to push his own politics and expand his business empire.The New York Times - Business -
Honey, I Love You. Didn’t You See My Slack About It?
Some couples are using professional project-management software to maintain their relationships. Why does it bother other people?The New York Times - Business -
Why Al Jazeera is the Go To News Source for Student Protesters
Students active in campus protests value Al Jazeera’s on-the-ground coverage and its perspective on the Israel-Hamas war. They draw distinctions between it and major American outlets.The New York Times - Business -
The ‘Betches’ Got Rich. So What’s Next?
The women’s media company, which started as a raunchy college blog, is a rare financial success story — and on the White House’s radar. Now, it’s wrestling with how to grow up alongside its readers.The New York Times - Business -
An Inflation Test Looms Over the Economy and the Election
The pivotal Consumer Price Index report is set to be published on Wednesday as the window for interest-rate cuts before November is closing.The New York Times - Business