2026-04-16 17:00:08
Jerome Powell’s tenure as chair of the Federal Reserve is winding down, and the Kevin Warsh era is nigh. But President Donald Trump seems intent on intimidating Powell until the bitter end, making the transition as difficult and volatile as possible. That malicious impulse will cause lasting institutional damage to the world’s most important central bank.
2026-04-16 14:00:14
As private credit managers mount a spirited defense of their industry to discourage investors from fleeing, they’ve found at least one persuasive argument for why much of the cash they lent to software firms at the start of the decade shouldn’t be at risk. If the leveraged buyouts they financed do get into difficulties because of competition from artificial intelligence, the private equity owners are first in line to lose money.
2026-04-16 12:04:14
Despite great uncertainty from the war, the S&P 500 never fell 10% from its peak.
2026-04-16 12:00:16
Hungary’s Viktor Orban built a system so rigged that only a landslide defeat could dislodge it. Voters delivered one. Now, translating those results into real change will require action from leaders in Brussels as well as in Budapest.
2026-04-16 12:00:12
When did climate change stop being the most important issue of our time? According to a bunch of investors, quite recently.
2026-04-16 05:43:41
A company that makes sneakers out of tree fiber and sugar cane is suddenly in the AI infrastructure business.
