Business

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MGM Resorts plunges after Barry Diller's People Inc. withdraws takeover bid

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Rollins cut to neutral at Piper on impact from agentic AI

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GRAIL's Galleri test wins endorsement from FDA panel

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Smurfit Westrock to buy Empresas' Chile containerboard business in $420M deal

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U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.

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Trump-Xi meeting: Why China's self-sufficiency changes the calculus

Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic challenges.

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Jonathan Rodden on the Geography of Voting

Jonathan Rodden, political science professor at Stanford and a senior fellow at the Hoover Institution speaks with EconTalk host Russ Roberts about the geography of voting. The main focus is on the tendency of urban voters around the world to vote for candidates on the left relative to suburban and rural voters. Rodden argues that this pattern is related to the geography of work and housing going back to the industrial revolution. He also discusses the implications of various voting systems such as winner-take-all vs. proportional representation, the electoral college and how political systems and voter preferences can produce unexpected outcomes.

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Arnold Kling on Education and the Internet

Arnold Kling, economist and teacher, talks with EconTalk host Russ Roberts about recent technological innovations in education and Kling's forecast for their impact on learning and how they might affect traditional education. Examples include the recent explosion of online lessons and classes, new teaching styles that exploit those offerings, and the nature of learning in various kinds of classrooms and student-teacher interactions.

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Garett Jones on Fisher, Debt, and Deflation

Garett Jones of George Mason University talks with EconTalk host Russ Roberts about the ideas of Irving Fisher on debt and deflation. In a book, Booms and Depressions and in a 1933 Econometrica article, Fisher argued that debt-fueled investment booms lead to liquidation of assets at unexpectedly low prices followed by a contraction in the money supply which leads to deflation and a contraction in the real side of the economy--a recession or a depression. Jones then discusses the relevance of Fisher's theory for the current state of the economy in the aftermath of the financial crisis.

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Why McDonald's is following Walmart and Amazon into the advertising business

McDonald's is following the lead of Amazon and Walmart as it starts its own media network.

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As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry

Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufacturers.

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McDonald's CEO expects high inflation, lackluster traffic are here to stay

McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.

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McDonald's stock falls as it unveils plan to spend big on restaurant upgrades

The plans are part of the fast-food giant's new growth strategy, called McDonald's > NEXT.

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Royal Caribbean agrees to take 50% equity stake in Sandals for $3 billion

Royal Caribbean has been trying to diversify beyond cruises and become a leader overall in vacations.

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Here's what happens to the economy when Treasury yields soar like they are now

Government debt costs leaped higher Wednesday, the product of multiple factors.

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Crude oil rebounds after losing streak; diesel futures drop after export restriction talk

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Knife River urged to explore sale by activist Starboard Value - WSJ

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Gossamer Bio submits NDA for seralutinib for pulmonary arterial hypertension

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AI firms should not get regulatory waivers, Nvidia CEO says on podcast

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Anthropic says Claude AI helped discover novel enzyme system

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Exclusive-Hellman & Friedman explores sale of Applied Systems at up to $10 billion, sources say

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Exclusive-Hacked FBI data has sensitive information about employees’ intelligence roles

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Meta's Muse rekindles fears over winners and losers as personal AI agent emerges

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Social Security tax hike "financially impossible" for many, expert says

Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.

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Tips for taking care of your life insurance

Nearly 47% of American households say they feel financial hardship after a primary wage earner dies, according to a recent survey, which is where life insurance comes in. Jill Schlesinger joins with more.

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Mortgage rates top 7% for the first time since May 2024

As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.

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Tesla's supervised self-driving system often misreads speed limits, Belgian safety group finds

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Trading Day: US yields cross 5% threshold​

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Australia says OpenAI agent breached government health data portal

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Why this visa hopeful gave up on the American Dream amid the US's #H1B chaos. #workvisa #techjobs

Why this visa hopeful gave up on the American Dream amid the US's #H1B chaos. #workvisa #techjobs