Joseph Zeballos-Roig
Joseph Zeballos-Roig

Joseph Zeballos-Roig

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In an aerial view, oil storage tanks are seen at the Sunoco LP Fuel Supply Terminal in Austin, Texas

News 7h ago

IMF says oil markets have depleted all 3 'shock absorbers' as U.S.-Iran conflict threatens to restart

Buffers have kept prices from jumping too high, but if fighting escalates, there could be another spike in gasoline prices.

interview

News Jul 16

Apple sues OpenAI, says its chief hardware officer asked candidates to bring Apple parts to interviews

In a new lawsuit, Apple alleges OpenAI's hardware chief asked job candidates still at Apple to bring "actual parts" from the company to interviews.

Torsten Slop speaks on Steve Eisman's podcast.

News Jul 15

Apollo's Torsten Slok lays out the two-punch sequence that may finally burst the AI bubble

The AI spending blitz is colliding with a pair of fresh obstacles that may not be easy to solve.

A side-by-side image of President Donald Trump smiling happily alongside a photo of a Freedom Fuel gas station sign.

News 11046 views

Trump's promotion of 'Freedom Fuel' gas stations sparks accusations of a double standard

Democrats say President Donald Trump’s praise for a network of discount gas stations clashes with Republicans’ past attacks on government-run businesses.

n adult woman with grey, wavy hair and glasses uses a tablet while wearing an apron.

News Jul 13

Citadel Securities says AI will enhance America's 'hustle culture' as new business applications hit 5.6 million

A new Citadel Securities note argues that while AI may displace some jobs, it's also lowering the barriers to starting a business — helping drive record numbers of new "solopreneurs" nationwide.

A middle-aged woman with her head on the steering wheel of her car

Loans Jul 11

Average car payment are now $770/month — could a credit union's lower rate save you, or will longer loans cost you more?

Credit unions often beat banks on rates, but they are smaller in size and have stricter membership rules.

Kevin Warsh speaks at a press conference.

News Jul 10

Warsh believes America's $700B AI buildout will lower prices — but his colleagues warn it will fuel persistent inflation

While most Fed officials see AI spending as an inflation risk, Warsh is betting on productivity gains.

President Donald Trump speaking at the White House.

News 158049 views

Trump wants to borrow Australia's retirement 'super' system — but experts say the U.S. may not be ready for it

Trump is eyeing Australia’s “super” retirement plan which enforces a mandatory pension plan for employers. But experts say the U.S. may not be ready for it.

Mohamed A. El-Erian

News Jul 08

Mohamed El-Erian reacts to Bessent’s speech, says the US once put low prices above all other concerns. That time is over

Mohamed El-Erian says Bessent's speech reveals a blunt truth: the era of prioritizing cheap consumer goods above all else is over, replaced by a national-security-first approach to trade and investment.

Donald Trump speaking intro microphone at podium

News 10896 views

Trump claims immigrants drove up home prices 30% — but the Fed paper he's citing doesn't say that

There’s more to the rising housing costs than illegal immigration.

A man wearing green scrubs and a matching surgical cap stands in a hospital hallway. Behind him, out of focus, a person in a white coat stands with their arms crossed as well.

News Jul 05

A surgical assistant earned $111,000 for one operation — 41 times more than the surgeon who did it

The law was designed to protect patients from surprise medical bills, but its dispute-resolution process allows providers to seek much larger payouts from insurers.

Tobias Adrian

News Jul 03

AI debt is a bigger risk to stability than sky-high Wall Street valuations, the IMF says. Here’s why

The IMF says the real threat is $159 billion in corporate bonds issued by tech giants in just 5 months to fund an AI buildout that's already showing signs of delay.

US President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte in the Oval Office.

News 118116 views

Trump fired the BLS chief over 'rigged' data claims. Economists say it cost the economy $20 billion

The analysis argues the firing increased policy uncertainty, causing businesses to delay investment decisions and slowing economic activity.

Sens. Bernie Moreno of Ohio and Elizabeth Warren of Massachusetts.

News Jun 29

A GOP senator just teamed up with Elizabeth Warren to keep Social Security going for decades

Lawmakers push to introduce legislation to lift the cap on taxable income for Social Security, currently set at $184,500.

Sam Altman, Jensen Huang and the OpenAI logo.

Investing Jun 26

Nvidia once explored a $100B chip deal with OpenAI. Now OpenAI is building its own chips from scratch

OpenAI and Broadcom just unveiled a custom AI chip called Jalapeo, designed from scratch to power ChatGPT, after a deal with Nvidia fizzled.

Photo of Angie Baez, who was caught on camera dumping trash from and stealing a Knicks trash can after championship parade

News Jun 24

JPMorgan exec caught on video dumping and grabbing a Knicks-themed trash can — now her job is gone

An identical home waste-basket is on sale for $168, with the proceeds benefiting NYC.

JP Morgan Chase CEO Jamie Dimon visits "Fox & Friends" at Fox News Channel Studios.

News Jun 24

Dimon says bull market is like a 'little tsunami' that even he finds surprising, but he says 'it will stop.' Here's why

The JPMorgan Chase CEO says he’s been caught off guard by Wall Street’s complacency with global volatility.

A drone view shows thousands of protesters carrying banners, placards, and Albanian flags in central Tirana with a photo of Ivanka Trump in the inset.

News Jun 23

Ivanka Trump 'found' a Mediterranean island. Now a $1.4B resort plan faces mass protests in Albania

Albanians have started a “flamingo revolution,” but there’s a long history to Trump and Kushner’s development plans.

Man looks at a sheet of paper, wondering if he should pay off his debts.

Managing Money Jun 21

He's 49 with $300K in savings and $180K left on his mortgage — here's when paying it off beats investing

Homeowners’ biggest monthly expense is usually their mortgage. But down the line, they may find themselves in a position to pay it off early.

The Trump administration has been dismantling previous green energy initiatives.

News Jun 18

Trump administration plans to spend $765 million to cancel 4 more wind farms — bringing the total to $2.6 billion

The administration is systematically undoing Biden-era investments in clean energy.

Scottish First Minister John Swinney (right) with Scotland fans at the FIFA Fan Festival ahead of the FIFA World Cup, Group C match between Haiti and Scotland.

Life Jun 18

‘All they had was Bud Light’: Scottish fans drink Boston bars dry during World Cup

Thousands of Scottish fans arrived in Beantown for soccer matches and made their bagpipes and presence known.

Pizza Hut sign.

News Jun 17

Pizza Hut is being sold for $2.7 billion, as the iconic brand struggles to compete against delivery apps.

Yum Brands is offloading Pizza Hut after same-store sales fell 5% last year.

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