Economy
Banks raise costs in response to CFPB rule
Banks that issue credit cards to millions of consumers have made significant changes over the past year in response to a regulation that may never come into effect. Synchrony and…
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Lasted Economy
Swiss wealth manager Lombard Odier indicted on money laundering charges
Lombard Odier, a prestigious private bank in Switzerland with roots dating back to 1796, is facing serious allegations of aggravated…
Why consumers overspend during the holidays — and what to do about it
The holiday season is a time for giving thanks, reflecting on the past year, and spending quality time with loved…
Adam Smith’s Wisdom and the Nuclear Energy Debate
The debate over nuclear energy policy is heating up in both the United States and Spain, with calls to phase…
Tungsten mine opens in Korea as U.S. seeks non-China critical minerals
China's decision to limit exports of critical metal tungsten marks a significant shift in the global supply chain for this…
How Trump’s policies may affect investors in these 8 market sectors
Trump has been pushing for higher interest rates to combat inflation, and that could keep mortgage rates elevated, Cox said."The…
Are Chatbots Willing to Lie for the President?
In a recent experiment, I decided to test the ethical standards of various AI chatbots when faced with a request…
Databricks nears multibillion funding round at $55 billion valuation
Ali Ghodsi's Databricks Raises Billions in New Funding Round, Delays IPO Ali Ghodsi, co-founder and chief executive officer of Databricks…
You cannot have everything – Econlib
Understanding Opportunity Cost in Economics Opportunity cost is a fundamental concept in economics that plays a crucial role in decision-making.…