Kevin Warsh is taking another step toward his decade-long goal of winning the top job at the Federal Reserve by appearing at a hearing before the Senate Banking Committee on Tuesday. But the role that he may eventually assume could turn out vastly different than what he expected.Inflation is worsening as the Iran war has spiked gas prices, making it much harder for the Fed to implement the interest rate cuts President Donald Trump so desperately seeks. The conflict could also slow the economy as well as hiring. And if Warsh ultimately becomes chair, he may very well find his…
Author: Staff Writer
Yesterday, Apple announced that its longtime CEO, Tim Cook, will step down in September, with John Ternus, the current senior vice president of hardware engineering, taking over. The move marks the first change in Apple’s chief executive since Cook assumed the role from Steve Jobs in 2011. However, while the prior chief executive shakeup saw Apple Inc.’s stock (Nasdaq: AAPL) get shaken up too, shares in the company are relatively stable this time, at least for now. Here’s what you need to know. What’s happened? Yesterday, after the markets closed, Apple dropped a bombshell: its longtime CEO, Tim Cook, will…
You can now book haircuts, doctors’ appointments, and food deliveries through Yelp.The business search and review platform has rolled out integrations with providers including DoorDash, Zocdoc, and Vagaro, letting users book appointments and order food directly from a Yelp listing or through the AI-powered Yelp Assistant. Users could already request quotes from businesses ranging from home and auto repair professionals to beauty experts.The Yelp Assistant is also getting its own tab in the app, as the company aims to become a destination not just for its hundreds of millions of user-contributed reviews but for answering questions about local businesses and…
The annual Lyrid meteor shower is back, reaching its peak on Tuesday evening and at predawn on Wednesday. On average, 10 to 20 meteors are produced per hour during a Lyrid shower. But, in some rare occasions “outbursts” can occur, with up to 100 meteors produced in an hour. According to the American Meteor Society, Lyrids will be mostly visible in the Northern hemisphere at dawn, although limited availability will also be available to those in the Southern Hemisphere. The Lyrid shower is among the oldest recorded meteor showers, dating back as far as 2,700 years. The meteor shower is…
When ChatGPT launched in November 2022, the reaction was immediate and visceral: this works. For the first time, millions of people experienced AI not as a distant promise, but as something useful, intuitive, and even with its flaws, astonishingly capable. That instinct was correct. The conclusion that followed was not. Because what works brilliantly for an individual at a keyboard has proven surprisingly ineffective inside an organization. Two years later, after billions in investment, countless pilots, and an endless stream of “copilots,” a different reality is emerging: generative AI is exceptional at producing language. But companies do not run on…
QUESTION: Marty, I do not know how the hell Socrates does this. It picked up the week as a Double Directional Change, and on the very day the Ceasefire was to end. Do you have any idea of how Socrates was able to forecast such events, even contrary to all the fundamental news that proved to be nonsense? K ANSWER: What I assume is that, as I have said plenty of times, someone always knows in advance of war and moves their capital accordingly. Socrates is monitoring everything from capital flows to weather and volcanoes. This is why I have…
Walk into any office and you’ll hear it. “She’s so nurturing — she’d be great leading the wellness committee.” “Don’t worry, the guys will handle the heavy lifting on this pitch.” “You look amazing today!” These statements arrive warmly, often from people who genuinely mean well. That’s exactly what makes benevolent sexism one of the most insidious and under-addressed forces in modern workplaces. Unlike overt harassment, benevolent sexism doesn’t announce itself. It hides behind chivalry, compliments, and cultural tradition. It flatters women while quietly limiting them, wraps restriction in a ribbon and calls it care. And for that reason, it…
Hungary voted on what the media calls a “return to Europe,” as if this were some noble democratic awakening. Viktor Orbán stood in opposition to the unelected bureaucrats in Brussels who have been pushing Europe into economic decline and toward a war footing. For that, Hungary was targeted, isolated, and economically strangled until the political structure finally gave way. Brussels froze billions in funds owed to Hungary. They used regulatory pressure, political attacks, and financial isolation to force compliance. This is economic warfare within the European Union itself. The message is unmistakable: if you resist, they will cut off your…
Conflict, while uncomfortable, is a fact of life. However, few of us deal with it well–either we avoid it until it swells into resentment, or it explodes creating damage we often fail to repair. In her new book, Anchored, Aligned and Accountable: A Framework For Transcending B*llshit and Transforming Our Lives and Work, (foreword by Brené Brown) leadership coach Aiko Bethea lays out a framework for transforming conflict into personal growth. For Fast Company, Brené Brown sat down with Aiko Bethea to discuss the cornerstones of the framework and how applying it can change our lives. Brené Brown: Your Anchored,…
Volodymyr Zelensky has stated that Ukrainian men of conscription age who left the country, many in violation of his wartime restrictions, should return to die in his war. He states it is only “fair” since the army needs them for rotation, which is nothing less than an admission that the war effort is running short of bodies. “As regards young people who are currently not in Ukraine, but abroad. First of all, there are different groups of young people. I agree with you regarding those of conscription age who left Ukraine. They left temporarily but ended up staying away for…