New York Fed President Williams worries war will slow growth, aggravate inflation

New York Fed President Williams worries war will slow growth, aggravate inflation

New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying it already has shown signs of hiking prices and slowing growth. In a speech delivered to bankers in his home district, Williams noted that the conflict has “intensified the uncertainty” around national and local conditions. While he…

Read More
Retail traders pile into Allbirds after odd AI pivot. History shows it won’t end well

Retail traders pile into Allbirds after odd AI pivot. History shows it won’t end well

Sign on facade at shoe company Allbirds, Walnut Creek, California, August 25, 2025. Smith Collection | Archive Photos | Getty Images Retail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a set-up that market history suggests rarely ends well once the initial hype fades. Shares of the…

Read More