Every day, investment-banking analysts spend hours pulling company and market data, reconciling adjustments in Excel, checking assumptions, moving the analysis into PowerPoint and then working back through the deck to make sure every important figure can be traced to the underlying source. Now, …
Apple needs to learn to take risks again. Nothing quickens the pulse of an Apple fan more than these three words: one more thing. Steve Jobs used the catchphrase to introduce the original iPhone in 2007. In his 15 years running the company, Tim Cook deployed it only a handful of times, including …
It was not immediately clear how the plan would be financed. President Donald Trump has pledged to send $5,000 to every adult in the U.S. if Republicans retain control of Congress in the midterms, a payout that would dwarf the amount distributed during the Covid pandemic and likely explode the …
Moscow doesn’t want a conventional war, but it is busy fighting a hybrid one. On Russian state television, the Kremlin’s propagandists have for years threatened to bomb European capitals, even while the country’s diplomats insist that no such war is imminent. Lately, the denials have gotten hard to …
The End of U.S. Strategic Petroleum Reserve
By Peter Zeihan
The U.S. Strategic Petroleum Reserve (SPR) was created in the 70s as a safeguard against major...
Apple needs to learn to take risks again. Nothing quickens the pulse of an Apple fan more than these three words: one more thing. Steve Jobs used the catchphrase to introduce the original iPhone in 2007. In his 15 years running the company, Tim Cook deployed it only a handful of times, including …
With few good options for safely shipping oil, Saudi Arabia’s exports have fallen to a 13-year low. Saudi Arabia has made several quick pivots to keep its oil flowing since the start of the U.S. war with Iran. Within weeks of Iran’s closure of the Strait of Hormuz — once Saudi Arabia’s primary export …
Big Oil companies have always moonlighted as geopolitical risk assessment firms. That capability faces a big test now. It takes guts to thrive in the …
"The bully is mad." It’s no secret that Elon Musk is hiding plenty of skeletons in his closet. The mercurial billionaire has made an extensive list of …
One Failed Heart-Drug Trial Hits Ionis, Novartis and Amgen: What Happened and Why It Matters
Biotechnology stocks are being punished today after a closely watched...
Revolution Medicines’ Daraxonrasib Wins FDA Approval as Rasonque: What the RAS Breakthrough Means for RVMD Investors
Updated from an earlier version published before Rasonque received...
It’s never been more expensive in the U.S. to fill up the tank and take one last summer trip over the Labor Day weekend. The average price of regular gas was $4.14 a gallon heading into the holiday, nearly a dollar higher than last year and well above the Labor Day weekend record of $3.82 from 2012, …
The Atlantic staff writer Josh Tyrangiel joined for a special edition of Washington Week With The Atlantic to discuss the future of AI. On a special edition of Washington Week With The Atlantic, the Atlantic staff writer Josh Tyrangiel joined for a discussion about the future of AI and what, if …
The federal debt topped $40 trillion Wednesday, a new high-water mark for red ink that shows no sign of receding. 'Congress is in a coma': Former members sound alarm on health of the House The news, reported by the Treasury Department in its daily financial update, comes just five months after the …
US Patriot missile interceptors are 65% depleted since the 2026 Iran war began, with no restocking possible until 2029. Treasury Secretary Bessent is …
It’s the middle of the night in April 2023 in the East China Sea. A North Korean-linked oil tanker sailing under another country’s flag suddenly goes …
Trump and Bessent tried to betray Ukraine. Now they don’t have any cards. During the 2024 campaign Donald Trump promised to cut energy prices in half. …
Chevron is expanding its existing operations in Venezuela, the Houston-based company said Wednesday. This comes in the wake of Friday's announcement that Venezuela will give the U.S. access to 65 billion barrels of oil. The company will expand its operations in the Orinoco Belt, where much of …
One Failed Heart-Drug Trial Hits Ionis, Novartis and Amgen: What Happened and Why It Matters
Biotechnology stocks are being punished today after a closely watched...
Revolution Medicines’ Daraxonrasib Wins FDA Approval as Rasonque: What the RAS Breakthrough Means for RVMD Investors
Updated from an earlier version published before Rasonque received...
The projected super El Niño could bring more extreme weather to the U.S. during the hurricane season. El Niño is now the strongest it has been in 1,000 years, according to new research from the University of Michigan, which reconstructed ocean surface temperatures over the last millennium by looking …
Have sprawling outbreaks become the norm? The phrase When it rains, it pours isn’t one you like to see applied to outbreaks of foodborne illness, yet here we are. The summer started with a diarrhea-causing parasite called Cyclospora cayetanensis, which infested iceberg lettuce. Then came news of Shiga …