Inflation will come crashing down as the oil price shock crushes US demand, top economist says – Business Insider

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor who shot to fame for calling the housing crash before 2008, has launched a Substack newsletter after deregistering his hedge fund,…

President Donald Trump smiles from the field before the 126th America’s Game between the Army Black Knights and the Navy Midshipmen at M&T Bank Stadium in Baltimore, Dec. 13, 2025. Patrick Smith | Getty Images The United States has collected more than $200 billion in tariffs this year as a result of new duties imposed…

According to an Instagram post from Meta’s CTO Andrew Bosworth, Meta is not shutting down VR support for Horizon Worlds after all, which should come as a huge relief to, like, five people. “We have decided, just today in fact, that we will keep Horizon Worlds working in VR,” Bosworth said as part of an…

Listen to the article 8 min This audio is auto-generated. Please let us know if you have feedback. Black Friday — and the holiday shopping season in general — may be more important than ever for retailers in 2025. But the event has evolved dramatically in recent years. “The Black Friday that we have come…

Bloomberg (Bloomberg) — Bill Ackman is returning to the IPO market with a combined offering for his hedge fund manager and a new closed-end fund, the latest move in the billionaire’s long campaign to expand his asset management empire to public market investors. The initial public offering for Pershing Square USA Ltd., the closed-end fund,…

Charles Bennett (left) and Gilles Brassard pose for a photograph next to a cryptography quilt. Credit: Lise Raymond Gilles Brassard and Charles Bennett have been awarded the A. M. Turing Award “for their essential role in establishing the foundations of quantum information science and transforming secure communication and computing”. The two will share the US$1-million…