You Searched For "self fulfilling prophecy" and got 20 results
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4 mins read
Electric cars don't have a demand problem. They have an affordability problem.
Despite what you may have been hearing, EVs have plenty of demand. Many of them are just too expens…
Tim Levin
3 mins read
I make $80,000 in San Francisco but probably can't afford to live alone. The city's acceptance of gay people is one reason I won't be moving.
A manager paying $1,200 a month for a shared house in San Francisco says his rent would more than d…
Sawdah Bhaimiya
2 mins read
Investors are wrong to expect central banks to start pulling back from interest rate hikes, top BlackRock exec says
The Federal Reserve and other central banks want to make sure that people don't go back to having e…
Zahra Tayeb
2 mins read
I'm a Stanford professor who's studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
Many companies blame their mass layoffs on an economic downturn, but Stanford professor Jeffrey Pfe…
Sarah Jackson
3 mins read
The wealthy are splurging on Ferraris, Gucci handbags, and expensive Champagne, while McDonald's customers can't afford combo meals
Rising prices haven't stopped the wealthiest consumers from splurging on goodies ranging from Champ…
Avery Hartmans
2 mins read
The Fed may need to hike interest rates above 6% to crush stubborn inflation, ex-Treasury chief Larry Summers says
Interest rates might have to reach a two-decade high before the economy weakens and inflation expec…
Theron Mohamed
5 mins read
Stockton Rush's recklessness was an open secret that nobody could do anything about
Industry experts warned Rush that his ambition could lead to tragedy, but OceanGate's operations in…
Erin Snodgrass
4 mins read
Iran isn't worried about the US attacking it, but Biden has other ways to cut a deal with Tehran
Opinion: Sanctions relief and good-faith engagement can go a long way to easing tensions and avoidi…
John Reid Wilcox, Defense Pri…
5 mins read
Trump, Kanye West, and Nick Fuentes pushing antisemitism to the forefront of the GOP could pull the Christian nationalist movement apart
Christian nationalism's resurgence in politics could be threatened if far-right figures continue to…
Kelsey Vlamis
3 mins read
Headlines about layoffs don't mean you're going to lose your job
There is a disconnect: Hard data is relatively strong, but consumer sentiment is weaker. "The vibes…
Rebecca Knight
3 mins read
Fed Chair Jerome Powell warned of stubborn inflation, further rate hikes, and a greater risk of recession. Here are the 5 key takeaways from his press conference.
Powell pointed to the strong labor market and household savings as two reasons why inflation hasn't…
Theron Mohamed
2 mins read
US stocks fall as investors weigh an economic slowdown and oil surges to a 13-week high
As oil markets continue to surge, major Wall Street firms are predicting a barrel of crude will top…
Phil Rosen
4 mins read
Everyone's freaking out about SVB because everyone else is freaking out about SVB
Silicon Valley Bank had a very bad Thursday, but its own clients arguably made it way worse for the…
Dan DeFrancesco
1 min read
Omicron could send prices soaring as consumers trapped at home keep shopping and put pressure on supply chains, economist says
The Omicron variant will likely keep consumers at home, leading to increased spending on goods rath…
Mary Hanbury
3 mins read
The Fed is dragging the US into a recession to cool surging prices. Most Americans expect inflation to die down on its own.
The Fed has cited fears of higher inflation expectations as a reason for its huge rate hikes. Yet e…
Ben Winck
2 mins read
A third of Americans expect their finances to get worse this year
That 32% share is the highest since the mid-1940s, according to the University of Michigan. Blame s…
Ben Winck
4 mins read
If you don't want a recession, stop talking about it
If you measure an economy by looking at the labor market, we're as far away from a recession as we'…
Paul Constant
3 mins read
Fed Chair Powell warned that sky-high inflation could turn permanent. It's the opposite of what he said a year ago.
Thinking supply chains would quickly heal was something the Fed got wrong, Powell said Wednesday. N…
Ben Winck
4 mins read
The newest Nobel-winning economist lays out 2 reasons the US is 'really exposed' to a financial crisis
Americans might be too comfortable with debt due to low interest rates, Nobel-winning economist Dou…
Ben Winck
4 mins read
The tech industry has a hidden unpaid labor problem
As important services become increasingly digitized, the tech industry needs to reckon with its acc…