There is one number making the rounds in financial circles that deserves more attention. OpenAI and Anthropic, the two companies most closely associated with the current artificial intelligence boom, are projected to spend roughly $65 billion this year alone to train and run their AI models. That figure exceeds their combined revenue. It is not …

The Federal Reserve’s most important policy move this past week wasn’t the widely expected quarter-point cut in its policy rate, it was the quiet but highly significant decision to resume buying Treasury securities. Officially, the move is being described as “routine reserve management,” not a return to quantitative easing. But for seasoned Fed watchers and …

One of the most common – and confounding – questions in investing is: Why are stocks rising right now? Sometimes, there’s a clear explanation: a strong earnings report, favorable economic data, or a shift in interest rates. But more often than not, the market moves in ways that even seasoned professionals struggle to explain. A …