The cholesterol shot you couldn’t afford is now a pill

Federal safety investigators looking into a runaway Tesla that killed a grandmother in her home say the driver had pressed...

Big Tech’s top executives warn enterprises are giving away too much to AI labs

Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Satya Nadella warns enterprises they’re paying for AI twice....

Warsh’s Fed plan means it’s time to read the bond market backwards, says Morgan Stanley chief—and it could be great news for borrowers and homeowners

Ask economists what the most important U.S. asset class is, and they’ll likely tell you bonds. Treasury Secretary Scott Bessent...

Bunkerhill Health raises $55 million to put AI agents to work inside hospitals

In 2017, Nishith Khandwala was a Stanford computer science student with an idea—that you could take existing radiology scans, and...

The legend of Cape Verde: How an island of half a million built the best team at the World Cup

On June 29, two of the most decorated programs in soccer history packed their bags and went home. Germany, a...

EXCLUSIVE: Disney’s cruise ship fleet generated $3 billion in the last fiscal year—and the company plans to add 5 more in a $60 billion expansion

Disney has historically refused to describe in detail the revenues earned by its growing cruise ship business. Its CFO, Hugh...

As banks post blowout earnings, CEOs reckon with America’s inequality gap

In today’s CEO Daily: CEOs are confronting the fact that many Americans are losing out on the boom. The big...

The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer

MacKenzie Scott has spent the past several years rapidly giving away her $35 billion fortune. But due to the power...

LAPD was one of Flock Safety’s biggest government customers. Now it’s renegotiating its partnership over ‘serious concerns around civil liberties’

The Los Angeles Police Department is reworking its partnership with Flock Safety, an automatic license plate reader company, with enhanced...

Why IBM just suffered its worst stock crash of all time—and what it says about the market’s two bubbles

I called Steve Hanke on the afternoon of July 14, days after he’d flagged something he called a dual bubble...

CDC nominee refuses to say if she’d defy RFK Jr. on vaccine orders

The Trump administration’s latest nominee to lead the nation’s top public health agency drew frustrated reactions from some U.S. senators...

It’s now cheaper to buy a new home than a used one, thanks to builder incentives and baby boomers who don’t want to sell on the low

For the first time since at least 1974, new homes are selling for less than existing ones, and the culprit...

Cantor Fitzgerald eyes blockchain-based IPO shares in new tie-up with Securitize

There is a movement afoot to redesign the U.S. equities market by issuing shares in the form of digital tokens...

2.6 million Americans dropped ACA coverage as subsidies expired — fraud or price shock?