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Personal Finance When driving across town for cheaper gas actually pays offTech OpenAI counters Anthropic with a no-retention approach to AI safety monitoringEconomy Trump pauses 50% tariffs as the US and Canada close in on a trade dealCompanies SpaceX sought to buy AI coding startup Cognition, Bloomberg reports; its CEO says noTech OpenAI slows some frontier AI work after a model nears a critical cyber thresholdCrypto Bitcoin tops $69,000, wiping out roughly $1.7 billion in short betsMarkets Gold jumps to its highest since early June as the Treasury doubles bond buybacksPersonal Finance Treasury moves to deny refundable tax credits to immigrants without qualified statusPersonal Finance When driving across town for cheaper gas actually pays offTech OpenAI counters Anthropic with a no-retention approach to AI safety monitoringEconomy Trump pauses 50% tariffs as the US and Canada close in on a trade dealCompanies SpaceX sought to buy AI coding startup Cognition, Bloomberg reports; its CEO says noTech OpenAI slows some frontier AI work after a model nears a critical cyber thresholdCrypto Bitcoin tops $69,000, wiping out roughly $1.7 billion in short betsMarkets Gold jumps to its highest since early June as the Treasury doubles bond buybacksPersonal Finance Treasury moves to deny refundable tax credits to immigrants without qualified status

Topic: economy

The San Francisco skyline at sunset
Economy
Saturday, 7/18, 07:36 AM

A Top Venture Capitalist Says the AI Wealth Boom Will Face a Reckoning

  • Neil Rimer, a co-founder of Index Ventures, argues that the enormous fortunes being created by artificial intelligence will eventually be redistributed, whether willingly through philanthropy or unwillingly through policy.
  • It is one prominent investor's view, not a forecast, but it is a striking one coming from someone who has profited from the boom, and it captures a growing unease about how concentrated AI's rewards have become.
Hamburgers cooking on a grill
Economy 50 d

Record Beef Imports, Record Prices: The July 4 Paradox

  • The US is importing more beef than ever — yet ground beef is also at a record price, well above $6 a pound, just in time for Fourth of July cookouts.
  • The paradox has one main cause: the American cattle herd is the smallest it's been in about 75 years.

In brief

In brief

economy — news and stories on this topic

This page collects all of Boursel's coverage of economy. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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