The article discusses Europe's significant shift away from Visa and Mastercard, projected to impact a $24 trillion market. This shift is driven by regulatory changes and increasing support for European payment systems, signaling a transformative phase in the financial landscape.
The story details a three-year project in which the author reverse-engineered a 40-year-old stock market simulation program from 1986. This journey not only highlights the complexities of understanding legacy software but also emphasizes the importance of historical games in learning about financial markets.
Ireland has launched a pioneering basic income scheme aimed at supporting artists, providing them with financial stability in recognition of their contributions to culture and society. This initiative reflects a growing trend to support creative sectors through government intervention, particularly in challenging economic times.
Anthropic has successfully raised $30 billion in a Series G funding round, resulting in a post-money valuation of $380 billion. This significant financial milestone underscores the growing investor confidence in AI technology and positions Anthropic as a leading player in the industry.
According to a report by the New York Fed, U.S. businesses and consumers bear 90% of the costs associated with tariffs imposed on imports. This finding highlights the significant financial burden on American trade stakeholders, contradicting some perceptions that foreign exporters primarily absorb these costs.
The article discusses the alarming rate at which U.S. jobs are disappearing, reporting the fastest January job losses since the Great Recession. It highlights economic factors contributing to this trend and raises concerns about the broader implications for the labor market and recovery.
The article explores the concept of competitive advantages, suggesting that in today's landscape, financial resources have become the primary determinant of a company's success. It argues that traditional moats like brand loyalty or customer base are diminishing in significance compared to the influx of capital, leading to a race among businesses to secure funding rather than focusing on innovation or differentiation.
The article compares the economic resilience strategies of America and Singapore, emphasizing that saving alone is not sufficient to mitigate the impacts of economic shocks. It discusses the different approaches each country takes in terms of fiscal policy and social safety nets, highlighting the importance of active government intervention and planning in maintaining economic stability.
The article explores the phenomenon of 'token anxiety' in the cryptocurrency space, comparing it to a slot machine mentality where investors are driven by the fear of missing out on potential profits. It critiques the gambling-like behavior that can emerge in decentralized finance and advocates for a more informed and cautious approach among participants.
The U.S. experienced negligible job growth in 2025, with significant revisions for previous monthly employment reports. This stagnation raises concerns about the country's economic future and the effectiveness of current job creation strategies.
The article compiles a list of books recommended by users of the Odd Lots Discord, a community centered around discussions of finance and economics. It serves as a resource for those interested in deepening their understanding of these subjects through curated reading materials.
The article discusses how American pension funds are struggling to outperform Vanguard’s investment strategies, yet still manage to finance significant projects like the construction of hospitals. It highlights the challenges faced by these pension funds in achieving better returns while also addressing the societal need for healthcare infrastructure.
The article discusses the complexities and nuances of fraud investigations, emphasizing the challenges of discerning truth from deception. It highlights psychological factors that impact judgment during such investigations, impacting both individuals and organizations' decision-making processes.
Warren Buffett's Berkshire Hathaway has sold approximately $1.7 billion worth of Amazon stock, marking a significant withdrawal from its previously substantial investment in the tech giant. This move raises questions about Buffett's outlook on Amazon and the tech sector in general.
A sitting US president initiated the launch of two memecoins, which subsequently led to a significant loss of over $4.3 billion in market value. This event highlights the volatile nature of cryptocurrency and the potential influence of political figures in financial markets.
The article explores the mysterious phenomenon of abandoned oil tankers, detailing their environmental impact and the challenges posed by their neglect. It highlights the dangers these derelict vessels pose to marine ecosystems and discusses the regulatory gaps that allow such situations to persist.
The article explores the extensive network associated with Jeffrey Epstein, revealing insights from 1.4 million emails that illuminate his connections and influence across various domains. Through these communications, the piece highlights key figures, organizations, and the implications of Epstein's dealings in society.
The article proposes using land value capture as a solution to revitalize struggling retail sectors by leveraging increased property values linked to retail improvements. It discusses how this financial mechanism can help fund necessary infrastructure and public services, ultimately aiming to create a more sustainable retail environment.