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US banks projected smaller loan losses than the Federal Reserve in the 2026 Dodd-Frank Act stress tests (DFAST), Risk Quantum analysis shows. All 20 banks that publicly disclosed their internal stress-test results estimated lower losses than the central bank under the severely adverse scenario. JP Morgan recorded the largest divergence. The bank projected $70.2 billion…
IQ scores have been sliding since 1970, and Lorraine Marchand thinks AI is quietly speeding that up. She’s also in the middle of building an agentic AI board of directors for her own company — one she jokes could someday vote to fire her. Lorraine teaches management at Columbia Business School and has advised Fortune…
I am obsessed with the film Everything Everywhere All at Once. From the moment I saw the trailer, I knew the movie was meant for me. I was right. The film’s bizarre blend of action, philosophy, science fiction, taxes, and juvenile humor feels specifically targeted to me and my brain. For those unfamiliar, here’s a…
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While SpaceX is due to join the Nasdaq-100 on Tuesday, it won’t become part of the S&P 500 for at least another year — likely furthering the volatility spread between those two indexes.
Despite growing scrutiny from regulators and warnings about rising consumer debt, buy now, pay later (BNPL) continues to resonate with consumers. A new survey found that many BNPL users view the payment option positively. The study from HarrisX and the Financial Technology Association found that more than three-quarters of U.S. adults said BNPL allows them…