This subtle Microsoft change could be a big win for investors
The tech giant is altering how it reports the performance of different business categories in a way that analysts say will make it easier to gauge AI and Azure momentum.
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Testimony: Are Digital Taxes a Viable Solution for the EU Budget?
Note: The following is the written testimony of Cristina Enache, Economist, submitted to the Committee on Budgets and European Parliament on 23 June, 2026. Dear Chair Van Overtveldt and Distinguished Members of the Committee on Budgets and European Parliament, thank you for the opportunity to discuss the taxation of digital activities in Europe and whether…
Nasdaq, Kospi: Wall Street and Korea markets becoming more intertwined
Bank employees work in front of multiple monitors at the Hana Bank dealing room in Seoul, South Korea, on May 12, 2026. Nurphoto | Nurphoto | Getty Images Wall Street tech moves and South Korea’s stock market are becoming increasingly intertwined as artificial intelligence spending binds together the fortunes of U.S. technology giants and Korean…
New Fed task force members share Chairman Kevin Warsh’s embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the “best minds,” Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed’s management of the economy — on artificial intelligence — those outside minds all seem to lean in the same…
Burger King tops Wendy’s as nation’s second-largest burger chain
Burger King and Wendy’s signage. Getty Images Burger King has overtaken Wendy’s as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain. The change in positions follows the two companies’ diverging results over the past two years. Wendy’s has reported shrinking U.S….
Can Private Markets Fill the Gap? Graduate Student Lending After the Elimination of GradPLUS — by Sarah Turner
The One Big Beautiful Bill Act (OBBBA, P.L. 119-21) eliminates the federal GradPLUS loan program for new borrowers effective July 1, 2026, replacing nearly two decades of uncapped federal graduate lending with annual limits of $20,500 ($50,000 for eleven professional fields) and new aggregate caps. The resulting financing gap — approximately $8 billion annually across…
