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Finance

Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week

Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place. The estimate links the economic toll to the Home Front Command’s …

Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week Read More »

We’re economists who designed a chatbot to help our students reason instead of cheat. Meet ‘Macro Buddy’

Approximately 90% of 1,100 U.S. students surveyed at two-year and four-year colleges in 2025 reported using generative AI for everything from drafting assignments to clarifying complex concepts. But when students use AI as a tutor or study partner, not as an immediate answer generator, does it make it easier or harder for them to learn? …

We’re economists who designed a chatbot to help our students reason instead of cheat. Meet ‘Macro Buddy’ Read More »

Congress is about to chase rail freight onto American roads. It risks thousands of deaths

As the Transportation and Infrastructure Committee prepares to reauthorize surface transportation programs before the September 2026 deadline, lawmakers face a critical test of their ability to separate political theater from policy substance. Furthermore, three years after the East Palestine derailment, the Railway Safety Act of 2025 remains under consideration and may become a part of …

Congress is about to chase rail freight onto American roads. It risks thousands of deaths Read More »

Pete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s

The submarine struck the ship with a torpedo, U.S. Defense Secretary Pete Hegseth said, resulting in “quiet death”. The event marks the first time a U.S. submarine has launched a torpedo in combat or engaged and destroyed a ship since the second world war. Why is this old weapon reappearing now? And for that matter, …

Pete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s Read More »

New Target CEO Michael Fiddelke is putting candor at the core of his turnaround plan: ‘You can’t solve problems you’re not talking about’

Good morning. Earlier this week, I traveled to Target headquarters in Minneapolis to interview newly minted CEO Michael Fiddelke. (You can read my full story here.) Target had just reported a fourth straight quarter of comparable sales decline, continuing a slump that has seen it lose market share to many rivals. That same day, Fiddelke …

New Target CEO Michael Fiddelke is putting candor at the core of his turnaround plan: ‘You can’t solve problems you’re not talking about’ Read More »

Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week

Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place. The estimate links the economic toll to the Home Front Command’s …

Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week Read More »