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Jason Ma

Jason Ma

Fortune

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Social Security’s annual cost-of-living adjustment is coming soon. Here are the states where the biggest hike in years could have the most impact

The Senior Citizens League estimated the COLA for 2027 will be 3.5%, while the AARP projected a 3.6% hike.

yesterday 2

Fortune

Jason Ma

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback’s dominance quietly exits Beijing’s payment scheme

Saudi Arabia's central bank dropped out of China's mBridge digital payment platform last year.

21.09.2026 7

Fortune

Jason Ma

U.S. economy hits pivotal milestone: Spending on data centers and other information-processing hardware now exceeds housing investment

"We’re seeing a pivotal shift in the US economy: investment is shifting away from residential investment and towards computers."

20.09.2026 6

Fortune

Jason Ma

Iran’s economy faces another blockade: Red tape and gridlock are clogging up land routes that bypass the U.S. Navy’s Hormuz stranglehold

“Under these circumstances, there is little alternative but to find a way to restore and maintain the southern trade corridors.”

20.09.2026 5

Fortune

Jason Ma

Dollar General CEO says consumers making $100,000 a year don’t feel like high-income shoppers anymore as high gas prices and inflation reshape habits

"Having 2,000 items at or below $1 is very meaningful for the consumer, always has, but especially in this environment."

20.09.2026 5

Fortune

Jason Ma

Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry

"If interest begets debt, and debt begets interest, eventually debt will spin out of control. A fiscal crisis, once unthinkable, is now a distinct...

19.09.2026 9

Fortune

Jason Ma

Trump vows to create an ‘AI Force’ and nods to justice system after rejecting calls to slow down industry. ‘Rather, we will cherish it’

"We will not in any way hinder or stifle the Growth of this incredible Industry," Trump posted on Truth Social.

19.09.2026 4

Fortune

Jason Ma

California’s billionaire tax will ‘kickstart a movement’ that spreads to more states, the federal government and other countries, Nobel laureates say

"The explosive growth of the state’s billionaires over the past few decades has made it one of the most unequal places in America."

19.09.2026 6

Fortune

Jason Ma

Warren Buffett abruptly steps down as Berkshire chair as ‘Father Time’ wins, handing role to son Howard who will ‘guard its culture and values’

"Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins. He has,...

18.09.2026 10

Fortune

Jason Ma

Spiking oil prices jolt U.S. bond yields past 5%, threatening to set off a vicious cycle of debt just as the Fed is expected to hike rates

The 10-year topped 5% for the first time since 2023 as the war in its seventh month chokes oil supply — with the U.S. debt above 100% of GDP..

14.09.2026 7

Fortune

Jason Ma

The third rail isn’t what it used to be. As the Social Security fund’s insolvency nears, more lawmakers are open to tax hikes—even Republicans

“I’m willing to look at the tax rate. I am willing to raise the amount of income through tax.”

13.09.2026 8

Fortune

Jason Ma

Stocks are in a late-stage bubble and poised to crash 21% next year, while Treasury yields above 5% will signal a new era of tight money, analysts say

"Most of the factors we consider are at, or close to, levels that have preceded past stock market peaks."

13.09.2026 7

Fortune

Jason Ma

Anthropic CEO Dario Amodei and AI whistleblower Jacob Coxon agree: Something terrifying could happen in a matter of months

"So these AIs are getting smarter, very, very quickly. And in particular, in the next six months to a year, I expect the capabilities of our AI...

13.09.2026 10

Fortune

Jason Ma

Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low

"These changes helped to reduce delinquencies and defaults but also made it more difficult for many Americans to qualify for a mortgage."

12.09.2026 7

Fortune

Jason Ma

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint

Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet their...

11.09.2026 8

Fortune

Jason Ma

U.S. debt is even worse than it seems, and rising Treasury yields are now an ‘all-hands-on-deck situation,’ top economist warns

The anomalous recent behavior of the 10-year yield is actually as sign that "demand for Treasury debt is weaker than first meets the eye."

06.09.2026 10

Fortune

Jason Ma

China’s export shock is pushing the global economy to a breaking point, and the U.S. may have to clean up the mess, former trade official says

"The result is an industrial machine that cannot stop and cannot slow down—but that, owing to the limits of demand, cannot keep going."

06.09.2026 9

Fortune

Jason Ma

Even Supreme Leader Mojtaba Khamenei is worried about Iran’s economy and ‘social cohesion’ as U.S. pressure gets tougher to withstand

"There is the need to seriously address the chain of economic and livelihood challenges, such as inflation, unemployment, management of prices and the...

06.09.2026 10

Fortune

Jason Ma

These industries will lead hiring in the next decade, with just one sector accounting for more than a third of all new jobs

The healthcare and social assistance industry, which will expand employment by 2.2 million over the next decade.

05.09.2026 30

Fortune

Jason Ma

‘Chuck it in the fire.’ A leading candidate in France’s presidential race has a simple solution to its massive national debt: just cancel it

“Why did we make a single currency and an ECB together? We can do it and I bet we’d find allies in Europe.”

05.09.2026 9

Fortune

Jason Ma

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with ‘higher economic cost’ in new escalation that could transform the war

"Attempting to strike U.S. warships enforcing the blockade therefore crosses a different threshold."

05.09.2026 20

Fortune

Jason Ma

Top sovereign wealth fund may dump $80 billion in Treasury bonds — and load up on other types of U.S. debt with more risk

The overall exposure to dollar-denominated assets would remain largely unchanged at 52.5% versus 52.9% under the current portfolio.

04.09.2026 10

Fortune

Jason Ma

We’re living in the ‘G-shaped economy’—where boomers control $90 trillion, and everyone else waits

"The concentration of wealth among older generations suggests that consumer spending is increasingly being supported by the spending of accumulated...

31.08.2026 10

Fortune

Jason Ma

The official jobless rate is so low the Fed thinks the economy is at full employment. But a gauge of the ‘functionally unemployed’ keeps climbing

"If this continues, it would suggest the labor market is losing strength despite what we may see in the headline unemployment numbers."

30.08.2026 10

Fortune

Jason Ma

It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say

"Children don’t need school to become more like the digital world. They are already immersed in that world for much of the time outside school hours."

30.08.2026 10

Fortune

Jason Ma

Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz

"People are on the edge now; if I put more pressure on them, they might fall off the edge. We have to be careful that no one falls off."

30.08.2026 10

Fortune

Jason Ma

Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury

"Capital flowing into corporate bonds is capital not flowing into Treasuries, and Treasury yields have had to rise to clear the market."

29.08.2026 10

Fortune

Jason Ma

New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

"Digital assets and gold are how ordinary Iranians protect their savings from inflation."

29.08.2026 10

Fortune

Jason Ma

The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves

The federal government will hold a 55% stake in the company, consisting of equity ownership and oil production.

29.08.2026 20

Fortune

Jason Ma

Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower

"And any nation that serves as a financial artery of a withering regime should expect to share in its isolation."

24.08.2026 10

Fortune

Jason Ma

The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon

"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate."

23.08.2026 10

Fortune

Jason Ma

Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too

The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war.

23.08.2026 10

Fortune

Jason Ma

The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns

"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price of UST owned by foreign investors has to adjust via a...

23.08.2026 10

Fortune

Jason Ma

Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings

"When does debt become unsustainable? When the global financial markets say it is. That appears to be happening."

22.08.2026 10

Fortune

Jason Ma

Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

"Taming inflation is the key to restoring stability in Venezuela, and all the other progress flows from that."

22.08.2026 10

Fortune

Jason Ma

‘We will not endure’ — Top Iranian leaders signal they are running out of time as economy crumbles ahead of Trump’s next sanctions onslaught

"As someone who has experienced war, we understand the true value of peace."

22.08.2026 10

Fortune

Jason Ma

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a currency once it enters a...

21.08.2026 10

Fortune

Jason Ma

One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy

Thrive Capital founder Joshua Kushner's $12.5 billion deal with former Disney CEO Bob Iger to buy the Los Angeles Lakers vaults him into an elite...

19.08.2026 60

Fortune

Jason Ma

Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting hasn’t started yet

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a "timely and precise" ​attack to break the blockade, an Iranian...

17.08.2026 10

Fortune

Jason Ma

Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’

"My guess is he is preparing to offset a boatload of carried interest income. If you own a sports team, done correctly, you can get a deduction...

16.08.2026 10

Fortune

Jason Ma

Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’

"I think by far the most accurate criticism of AI companies including Anthropic is that we haven’t yet delivered on our big promises to benefit the...

16.08.2026 10

Fortune

Jason Ma

Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the chokehold

Satellite images revealed that Saudi ships on both sides of the Strait of Hormuz are preparing to transport oil out of the Persian Gulf.

16.08.2026 10

Fortune

Jason Ma

Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says

"The bottom line is that the US economy continues to be supported by a growing set of tailwinds."

15.08.2026 10

Fortune

Jason Ma

Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble

"Now traders are watching the 'yen carry trade,' where cheap yen borrowing funds bets on higher-yielding assets worldwide, and wondering if it’s...

15.08.2026 10

Fortune

Jason Ma

Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

The head of the Iran-China Joint Chamber of Commerce said "the consequences of the blockade far outweigh those of a direct war."

15.08.2026 10

Fortune

Jason Ma

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

"Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t."

14.08.2026 10

Fortune

Jason Ma

The stock market may be doing so well that it’s causing more Baby Boomers and Gen Xers to drop out of the labor force

"My hunch is that this is as at least partially attributable to wealth effects from record highs in the stock market."

10.08.2026 40

Fortune

Jason Ma

Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf

"We are just watching Iran with its huge inflation and the fact they have no money," Trump said.

09.08.2026 10

Fortune

Jason Ma

By propping up the yen, the U.S. and Japan are actually admitting dollar dominance isn’t what it used to be, top economist warns

"When this message sinks in, other countries will redouble their search for more attractive, readily usable alternatives."

09.08.2026 20

Fortune

Jason Ma

‘Millennials are not punk kids anymore’ — Ocasio-Cortez sees a ‘generational tidal wave’ driven by anger over economic futures sidelined by boomers

"And there is anger at being ignored, sidelined, having our economic futures mortgaged by the generations that came before us on everything from the...

09.08.2026 10

Fortune

Jason Ma