Tag: Finance

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Jamie Dimon Reaffirms Retirement Timeline as JPMorgan Eyes Successors

Jamie Dimon has headed JPMorgan Chase for nearly two decades. Brett Coomer/Houston Chronicle via Getty Images Jamie Dimon, one of Wall Street’s most influential figures and the longstanding leader of JPMorgan Chase, surprised the finance world in 2024 when he announced plans to step down as the bank’s CEO within five years. That timeline remains […]

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Hedge Fund Billionaire Ken Griffin Loans Rare US Founding Documents for Public Display

The hedge fund manager’s cumulative philanthropy totals at more than $2 billion. John Parra/Getty Images for Pérez Art Museum Miami Ken Griffin isn’t just CEO of hedge fund behemoth Citadel. He’s also an avid American history buff who has spent millions acquiring rare documents like first printings of the U.S. Constitution and Bill of Rights. […]

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Walmart Executives Warn of Imminent Price Increases Despite Lowered Tariffs

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The Case for Positive-Sum Capitalism

A new dawn for economic design: reimagining capitalism through the lens of justice and inclusion. Unsplash+ In Isaac Asimov’s groundbreaking collection of short stories titled I, Robot, we encounter a profound ethical framework: the Three Laws of Robotics. These laws ensure robots protect human beings and obey orders while preserving themselves. They represent a brilliant […]

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Warren Buffett’s Best and Worst Investments Over His 55-Year Career

Warren Buffett speaks onstage during Fortune’s Most Powerful Women Summit – Day 2 at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC. Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett returned a jaw-dropping 5,502,284 percent to shareholders over his 55-year reign atop Berkshire Hathaway—a figure that makes the S&P 500’s 39,054 percent […]

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Elon Musk Announces Starlink’s Expansion to Saudi Arabia During Trump’s Mideast Tour

Elon Musk attends a “coffee ceremony” while visiting U.S. President Donald Trump at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia. Win McNamee/Getty Images Starlink, the satellite internet venture run by Elon Musk’s SpaceX, already operates the world’s largest constellation with more than 7,000 satellites in low-Earth orbit. Now, the service […]

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BlackRock CEO Larry Fink Warns on Volatility Despite US-China Tariff Truce

Asset manager Larry Fink said issues like U.S. deficits must be tackled to overcome uncertainty. Jamie McCarthy/Getty Images Markets surged yesterday (May 12) on news of a temporary tariff truce between the U.S. and China, with the S&P 500 climbing to its highest level in months. But BlackRock CEO Larry Fink remains wary of the […]

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Ken Griffin Says International Graduates Should Automatically Receive Visas

Ken Griffin, founder and CEO of the hedge fund Citadel, speaks at the Milken Institute’s Global Conference on May 6, 2024. Apu Gomes/Getty Images Citadel CEO Ken Griffin urged the U.S. government to modernize its immigration policies by granting visas to international students graduating from American universities, arguing the country must do more to retain […]

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Can Warren Buffett’s Legacy Continue to Power Omaha?

Berkshire Hathaway shareholders pose with a stand-up picture of Warren Buffett during the 2019 annual shareholders meeting. AFP via Getty Images The busiest time of year for Gorat’s Steak House in Omaha, Neb. isn’t Mother’s Day, Father’s Day or the holiday season. It’s every first weekend of May, when tens of thousands of Berkshire Hathaway […]

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Uber’s Business Model Remains Tariff-Proof, Says CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi said his company is watching out for tariff-related disruptions. Leigh Vogel/Getty Images for Concordia Summit Across the U.S., the Trump administration’s global tariffs are starting to affect the automakers, tech giants and even toy manufacturers. But Uber—the country’s market leader in ride-hailing and food delivery—remains an exception, at least for now. […]

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