The planned currency exchange comes with major repayment risks. Plus: Storm cleanup, state capitalism and the AI stock market.
If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much.
AI investment is driving the U.S. stock market to new highs. Ultimately, that could impact everyone.
The administration’s 10% equity stake in Intel looks like an embrace of state capitalism, but economist Mariana Mazzucato warns the move is unaligned with any strategy.
When sports betting started popping up on prediction market sites, companies like DraftKings and FanDuel felt they had to respond in kind.
Cleaning up the trash left behind has become another burden for storm-hit communities.
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