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California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’

"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life."

yesterday 1

Jason Ma

Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’

Unpaid wages nearly tripled in October from a year ago to more than $27 million.

yesterday 20

Jason Ma

Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets.

yesterday 70

Jason Ma

After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns

Hedge funds have doubled their presence in the Treasury market in the last four years.

previous day 20

Jason Ma

Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs

So far this year, silver has spiked 169%, platinum has shot up 172%, and palladium has soared 124%.

previous day 7

Jason Ma

The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’

Given Powell's commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

25.12.2025 20

Jason Ma

This new luxury airline seeks to go well above first class without the enormous cost of a private jet, and will only fly to a handful of cities

Magnifica Air expects to begin service in 2027, with plans for six to seven daily departures, connecting to Miami, New York, Los Angeles, the San...

22.12.2025 3

Jason Ma

Even if the Supreme Court rules Trump’s global tariffs are illegal, refunds are unlikely because that would be ‘very complicated,’ Hassett says

"Yes, it is a mess, and that's why I think the Supreme Court wouldn't do it."

22.12.2025 10

Jason Ma

‘Inherent contempt’ charges are being drafted now to fine AG Pam Bondi for each day that full Epstein files aren’t released, congressmen say

"So I believe we're going to get bipartisan support in holding her accountable, and a committee of Congress should determine whether these redactions...

22.12.2025 20

Jason Ma

‘Bring it on’ — Top Justice Department official responds to impeachment threat over redacted partial Epstein files

"We are doing everything we're supposed to be doing to comply with this statute," Deputy Attorney General Todd Blanche.

21.12.2025 2

Jason Ma

Trump and his new hand-picked Fed chair—whoever it will be—are going to clash ‘almost immediately,’ economists predict

Capital Economics expects the Fed to cut rates by just 25 basis points next year as the AI boom keeps economic growth robust.

21.12.2025 40

Jason Ma

House Oversight lawmaker estimates only a small fraction of the Epstein files are out, and many were already public

"It could be that they that we're only getting about 10% of what the DOJ has. And of that 10%, 5% of that has already been released and the other 5%...

21.12.2025 20

Jason Ma

A photo with Trump in it appears to have been removed from the partial Epstein files the Justice Department released

"This photo, file 468, from the Epstein files that includes Donald Trump has apparently now been removed from the DOJ release."

20.12.2025 3

Jason Ma

Epstein files land with a thud as documents are heavily redacted, including contact info for Trump, celebrities, and bankers

“Simply releasing a mountain of blacked out pages violates the spirit of transparency and the letter of the law,” Senate Minority Leader Chuck...

20.12.2025 20

Jason Ma

Congressmen who pushed to release Epstein files say massive blackout doesn’t comply with law and ‘are exploring all options’ — including impeachment

The Justice Department’s extensive redactions to the Jeffrey Epstein files on Friday don’t comply with the law that Congress passed last month...

20.12.2025 20

Jason Ma

Epstein files: Trump, Clinton, Summers, Gates not returning any results in search bar

"No results found. Please try a different search," the site says.

20.12.2025 4

Jason Ma

What happens to old AI chips? They’re still put to good use and don’t depreciate that fast, analyst says

"For inference, the latest hardware helps but is often not essential, so chip quantity can substitute for cutting-edge quality."

15.12.2025 4

Jason Ma

Kevin vs. Kevin: Warsh overtakes Hassett as favorite to be Fed chair nominee on prediction market

Warsh now has a 47% probability, up from 39% on Sunday, according to Kalshi. Hassett has fallen to 41%, down from 51% on Sunday and 81% on Dec. 3.

15.12.2025 2

Jason Ma

A ‘new era’ in the housing market is about to begin as affordability finally improves ‘for the first time in a bunch of years,’ economist says

"It's not a dramatic improvement, but it's the start of the new era."

15.12.2025 10

Jason Ma

Trump admits he can’t tell if the GOP will control the House after next year’s elections. ‘I don’t know when all of this money is going to kick in’

"I cannot tell you how that’s going to equate to the voter, all I can do is do my job.”

15.12.2025 3

Jason Ma

Kevin Hassett says he’d be happy to talk to Trump everyday as Fed chair, but the president’s opinion would have ‘no weight’ on the FOMC

"His opinion matters if it's good, if it's based on data," Hassett said.

14.12.2025 2

Jason Ma

More financially distressed farmers are expected to lose their property soon as loan repayments and incomes continue to falter

Nearly half the bankers surveyed see forced sales or liquidations of farm assets owned by financially distressed farmers rising in the next three to...

14.12.2025 50

Jason Ma

Microsoft AI boss Suleyman opens up about his peers and calls Elon Musk a ‘bulldozer’ with ‘superhuman capabilities to bend reality to his will’

"And somehow he sort of mostly manages to pull off what appears to be impossible."

14.12.2025 10

Jason Ma

There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say

"But as I said, this one has more legs in the sense that there are more things that are happening that throw doubt on how fast or how profitable all...

13.12.2025 3

Jason Ma

The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shakeup

"If I'm reading this properly, they just Trump-proofed the Fed."

13.12.2025 7

Jason Ma

Rivian CEO says buying an EV isn’t a political choice, pointing out that R1 buyers are split evenly between Republicans and Democrats

"I think that's extraordinarily powerful news for us to recognize that this isn't just left-leaning buyers," Rivian CEO RJ Scaringe.

11.12.2025 5

Jason Ma

‘Customers don’t care about AI’ — they just want to boost cash flow and make ends meet, Intuit CEO says

"A business is trying to get more customers. They're trying to manage their customers, sell them more services."

10.12.2025 8

Jason Ma

Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’

Speaking at the Fortune Brainstorm AI conference, Google Cloud boss Thomas Kurian discussed how the company thinks about energy and data centers.

09.12.2025 8

Jason Ma

What’s the top concern among billionaires? Not a financial crash or debt crisis. It’s tariffs—and only 1% have no worries about the market

The most widely cited concern by billionaires was tariffs, with 66% saying it will most likely harm market conditions over the coming year.

08.12.2025 2

Jason Ma

Leaders in Congress outperform rank-and-file lawmakers on stock trades by up to 47% a year, researchers say

"These results suggest that congressional leaders may not only trade on privileged knowledge, but also shape policy outcomes to enrich themselves."

08.12.2025 4

Jason Ma

Jerome Powell faces a credibility issue as he tries to satisfy hawks and doves on the most divided Fed in recent memory

"It will be difficult for Powell to send a credibly hawkish signal at the press conference," analysts at Bank of America said in a note.

08.12.2025 6

Jason Ma

Jamie Dimon says even though AI will eliminate some jobs ‘maybe one day we’ll be working less hard but having wonderful lives’

"For the most part, AI is going to do great stuff for mankind, like tractors did, like fertilizers did, like vaccines did."

07.12.2025 3

Jason Ma

The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says

"Eventually, in the unforeseeable future, austerity may be the most likely of the six possible outcomes."

07.12.2025 60

Jason Ma

The $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards

"A fresh generation of billionaires is steadily emerging," UBS said.

07.12.2025 10

Jason Ma

Former Amazon Studios boss warns the Netflix-Warner Bros. deal will make Hollywood ‘a system that circles a single sun’

"A Netflix merger with Warner Bros. would create a monopsony problem: too few buyers with too much bargaining power."

06.12.2025 3

Jason Ma

Netflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett

“It was an MBA course and film school all wrapped up into one for me,” he said.

06.12.2025 10

Jason Ma

Trump calls affordability a ‘Democrat scam’ and ‘con job’ — but nearly three-quarters of his voters think cost of living is bad or the worst ever

A Politico poll found that 37% of Americans who voted for Trump in 2024 believe the cost of living is the worst they can ever remember.

06.12.2025 20

Jason Ma

The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes this special election

"The S&P 500 would need to rise by just 2.2% to reach 7,000. That could happen this coming week, in our view."

01.12.2025 10

Jason Ma

Even college graduates no longer think a degree is worth the cost as the once-safe path to the American dream is now seen as a risky venture

Americans who have earned college degrees flipped, with only 46% now saying that obtaining one is worth the cost versus 63% in 2013.

01.12.2025 10

Jason Ma

The housing crisis is also a crisis of hopelessness as young Americans give up, hustle less, spend more and make risky investments as a last resort

"For those priced out of the housing market, gambling on improbable but potentially transformative gains may appear rational, particularly among...

01.12.2025 30

Jason Ma

Santa is coming to Wall Street early this season, and analysts say 2026 is shaping up to be another big year of gains

Deutsche Bank predicted the S&P 500 will finish next year at 8,000, representing a 17% jump from Friday's close.

30.11.2025 10

Jason Ma

Despite their ‘no limits’ friendship, Russia is paying a nearly 90% markup on sanctioned goods from China — compared to 9% from other countries

While the value of Chinese ball-bearing exports to Russia jumped by 76% from 2021 to 2024, the quantity of exports actually dropped by 13%.

30.11.2025 10

Jason Ma

Wall Street strategist explains today’s political rage with a poverty line that should be $140,000 and the ‘Valley of Death’ trapping people below it

"If the crisis threshold—the floor below which families cannot function—is honestly updated to current spending patterns, it lands at $140,000."

30.11.2025 7

Jason Ma

‘It didn’t have to be this way’ — Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher

"Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead."

24.11.2025 10

Jason Ma

Six-figure earners are ‘living the illusion of affluence’ while working side hustles, skipping meals and pretending Venmo’s not working

"Many top earners say people assume they can afford it all, yet behind the image of success are quiet sacrifices: skipped purchases, delayed plans,...

24.11.2025 20

Jason Ma

Elon Musk once called DOGE ‘the chainsaw for bureaucracy,’ but it has quietly ceased to exist well ahead of schedule, report says

"But, the principles of DOGE remain alive and well: de-regulation; eliminating fraud, waste and abuse; re-shaping the federal workforce; making...

24.11.2025 5

Jason Ma

More than half of U.S. homes have dropped in value over the last year — and nearly all houses in these cities have seen losses

"Home values surged over the past six years, and the vast majority of homeowners still have significant equity. What we're seeing now is a...

23.11.2025 10

Jason Ma

Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin

"It's possible that the rout in bitcoin is forcing some investors to sell stocks that they own."

23.11.2025 4

Jason Ma

The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.

23.11.2025 4

Jason Ma

Transportation chief offers advice to increasingly angry Americans: ‘Let’s maybe go back to an era where we didn’t wear our pajamas to the airport?’

“Sometimes you just have to ask people: ‘Hey, let’s maybe go back to an era where we didn’t wear our pajamas to the airport?’”

22.11.2025 10

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Popular

California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’

Jason Ma

Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’

Jason Ma

Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

Jason Ma

After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns

Jason Ma

Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs

Jason Ma

The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’

Jason Ma

This new luxury airline seeks to go well above first class without the enormous cost of a private jet, and will only fly to a handful of cities

Jason Ma

Even if the Supreme Court rules Trump’s global tariffs are illegal, refunds are unlikely because that would be ‘very complicated,’ Hassett says

Jason Ma

‘Inherent contempt’ charges are being drafted now to fine AG Pam Bondi for each day that full Epstein files aren’t released, congressmen say

Jason Ma

‘Bring it on’ — Top Justice Department official responds to impeachment threat over redacted partial Epstein files

Jason Ma

Trump and his new hand-picked Fed chair—whoever it will be—are going to clash ‘almost immediately,’ economists predict

Jason Ma

House Oversight lawmaker estimates only a small fraction of the Epstein files are out, and many were already public

Jason Ma

A photo with Trump in it appears to have been removed from the partial Epstein files the Justice Department released

Jason Ma

Epstein files land with a thud as documents are heavily redacted, including contact info for Trump, celebrities, and bankers

Jason Ma

Congressmen who pushed to release Epstein files say massive blackout doesn’t comply with law and ‘are exploring all options’ — including impeachment

Jason Ma

Epstein files: Trump, Clinton, Summers, Gates not returning any results in search bar

Jason Ma

What happens to old AI chips? They’re still put to good use and don’t depreciate that fast, analyst says

Jason Ma

Kevin vs. Kevin: Warsh overtakes Hassett as favorite to be Fed chair nominee on prediction market

Jason Ma

A ‘new era’ in the housing market is about to begin as affordability finally improves ‘for the first time in a bunch of years,’ economist says

Jason Ma

Trump admits he can’t tell if the GOP will control the House after next year’s elections. ‘I don’t know when all of this money is going to kick in’

Jason Ma

Kevin Hassett says he’d be happy to talk to Trump everyday as Fed chair, but the president’s opinion would have ‘no weight’ on the FOMC

Jason Ma

More financially distressed farmers are expected to lose their property soon as loan repayments and incomes continue to falter

Jason Ma

Microsoft AI boss Suleyman opens up about his peers and calls Elon Musk a ‘bulldozer’ with ‘superhuman capabilities to bend reality to his will’

Jason Ma

There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say

Jason Ma

The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shakeup

Jason Ma

Rivian CEO says buying an EV isn’t a political choice, pointing out that R1 buyers are split evenly between Republicans and Democrats

Jason Ma

‘Customers don’t care about AI’ — they just want to boost cash flow and make ends meet, Intuit CEO says

Jason Ma

Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’

Jason Ma

What’s the top concern among billionaires? Not a financial crash or debt crisis. It’s tariffs—and only 1% have no worries about the market

Jason Ma

Leaders in Congress outperform rank-and-file lawmakers on stock trades by up to 47% a year, researchers say

Jason Ma

Jerome Powell faces a credibility issue as he tries to satisfy hawks and doves on the most divided Fed in recent memory

Jason Ma

Jamie Dimon says even though AI will eliminate some jobs ‘maybe one day we’ll be working less hard but having wonderful lives’

Jason Ma

The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says

Jason Ma

The $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards

Jason Ma

Former Amazon Studios boss warns the Netflix-Warner Bros. deal will make Hollywood ‘a system that circles a single sun’

Jason Ma

Netflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett

Jason Ma

Trump calls affordability a ‘Democrat scam’ and ‘con job’ — but nearly three-quarters of his voters think cost of living is bad or the worst ever

Jason Ma

The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes this special election

Jason Ma

Even college graduates no longer think a degree is worth the cost as the once-safe path to the American dream is now seen as a risky venture