Economy
IonQ hires former JPMorgan Chase applied research head
IonQ, a leading quantum computing firm, has made a strategic hire by bringing on Marco Pistoia, the former head of applied research at JPMorgan Chase. Pistoia will serve as the…
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Lasted Economy
Stocks won’t hit new highs anytime soon and 3 things mean the market is fairly valued, Wells Fargo says
The S&P 500 may not be reaching new highs anytime soon, according to a recent analysis by Wells Fargo. The…
Whatever Happened to Equal Pay for Equal Work?
Reflecting on the U.S. Open Thoughts on the U.S. Open. Last weekend, I had the opportunity to tune in and…
Basic Data on Federal Finances
The US government's finances are in a dire state, with a looming deficit of $1.8 trillion projected for FY 2025.…
JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares took a hit on Tuesday following a statement from the bank's president, Daniel Pinto, indicating that expectations…
Efficiently Inefficient – Econlib
Orgel’s second rule, as stated by the renowned biologist Leslie Orgel, emphasizes the intelligence of evolution in shaping the features…
Taiwan Semiconductor’s Strong August Sales Hint at Big Gains Ahead, AI and iPhone Demand Fuel Optimism
Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) impressive growth in August 2024 has sparked optimism in the tech industry. With a 33%…
Goldman Sachs to post $400M hit in third quarter over consumer business
Goldman Sachs to Take $400 Million Hit in Q3 as It Unwinds Consumer Business Goldman Sachs is set to take…
Intel faces ‘uphill battle’ as its stock hovers near record lows: Goldman Sachs analyst
Intel (INTC) is facing a challenging road ahead as its stock struggles near record lows, with analysts expressing uncertainty about…