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The Goldman economist who predicted the financial crash and soft landing says AI will be good for the U.S. economy but will ‘destroy employment in some areas’

Goldman Sachs chief economist Jan Hatzius issued a bullish proclamation recently about AI’s effects on the U.S. economy. But Hatzius’s…

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Business

Ex-Ford CEO: EV startups face ‘real financial trouble’

It’s been a bad year so far for startups offering electric vehicles. It could get a lot worse. The problem…

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Business

B. Riley Financial still working with auditors to file delayed 10-K (NASDAQ:RILY)

honglouwawa/E+ via Getty Images Shares of B. Riley Financial (NASDAQ:RILY) on Friday fell nearly 8% in extended trading, after the…

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Science

Extreme heat could trigger the worst global financial crisis ever seen

Burning rainforest in the Brazilian Amazon DOUGLAS MAGNO/AFP via Getty Images Without dramatic action to curb greenhouse emissions, even high-latitude…

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Young Americans are rejecting Dave Ramsey’s financial advice — here’s why they say they’re ‘not willing to do anything to get out of debt’

‘I’d rather be caffeinated than depressed with $6’: Young Americans are rejecting Dave Ramsey’s financial advice — here’s why they…

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Politics

Bitcoin bingo and the erosion of financial stability 

Last week, Bitcoin broke the $52,000 mark, underscoring a double standard in the U.S. financial system.  A gaggle of federal financial…

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Business

Genworth Financial unexpectedly turns in Q4 loss as LTC results wane (NYSE:GNW)

JHVEPhoto/iStock Editorial via Getty Images Genworth Financial (NYSE:GNW) stock dipped 2.8% in Wednesday after-hours trading after the insurance company turned…

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Business

Capital One in advanced talks to buy Discover Financial, sources say By Reuters

© Reuters. The logo and ticker for Capital One are displayed on a screen on the floor of the New…

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Business

Capital One evaluating acquisition of Discover Financial – reports (NYSE:DFS)

JHVEPhoto/iStock Editorial via Getty Images Update 12:45pm: Adds WSJ report that a deal may be announced as soon as Tuesday.…

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Business

7 tax tips to make sure you get the biggest refund, according to financial advisors

With less than two months to go until 2023 taxes are due, there is still plenty of time to lower…

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