Digital transformation can be intimidating. In many ways, upgrading a company’s technology platform is like trying to get your own body into better shape. Even when we know we need to work out, many of us get put off by the gym bros, weight benches and complicated exercise machines at…

Venture investments into fintechs headquartered in North America dipped to $24.39 billion in 2022, a decline of 34% from the year prior, according to S&P Global Market Intelligence’s recently released Global Fintech Funding Trends report. After a promising start to the year, funding began a precipitous decline in Q3 as…

Key takeaways Google has launched ten new generative AI learning courses to help upskill those looking for jobs in the future Data scientist roles will be up 36% by 2031, the US Bureau of Labor Statistics says Lala Big Tech giant and early artificial intelligence pioneer Google has been playing…

Topline Just one day after levying charges against the world’s largest cryptocurrency exchange, the Securities and Exchange Commission filed suit against cryptocurrency giant Coinbase on Tuesday, alleging the popular U.S. trading platform has been operating an unregistered broker since at least 2019. Key Facts In a statement Tuesday, the SEC…

The SPAC sector has been a major source of corporate finance in the U.S. So far in 2023, nearly $30 billion from Special Acquisition Companies have already been given back to investors. Wall Street firms including KKR KKR and TPG have all liquidated their SPACs and returned money to investors,…

After housing, transportation is the second-biggest expense for Americans age 65 and older. This demographic spent a mean of $7,160 on transportation in 2021, according to the U.S. Bureau of Labor Statistics. That’s about $600 per month. Keep in mind that 2021 was a pandemic year. People weren’t driving nearly…

Terry Savage and I are collecting Social Security horror stories and posting them at my substack site, larrykotlikoff.substack.com. Sign up for free and take a read. If you have a story, send it to [email protected]. I copy below a story we just received. I thought I’d heard it all. But…

Artificial intelligence (AI) and machine learning have existed for some time. Still, the introduction of generative AI tools, like ChatGPT, to a broader audience illustrated the potential power of this technology. As evidenced by the peak popularity of AI as a Google GOOG search term worldwide, interest in the technology…

Pop superstar Taylor Swift, who is currently on her Eras Tour, has been making headlines for her sold-out stadiums and astronomically high ticket prices. It’s said she could rake in up to $1.5 billion from the tour alone. It comes as no surprise, then, that the pop star’s former home…

Should Congress and the Biden Administration fail to raise the debt ceiling and avoid a government default on the national debt, the housing market could face severe fallout, according to forecasts by Zillow.  Home sales could drop by up to 23% in the most severe month following a debt default,…