How the Best-Performing Hedge Fund in the World Became a Fire Sale
What the collapse of Situational Awareness tells us about leverage, conviction, and the difference between being right and surviving long enough to prove it.
The Economics of American Energy Systems
The 2025 withdrawal of major federal tax subsidies has fundamentally shifted the U.S. energy economy, moving the competitive focus from raw generation costs to transmission and storage infrastructure.
Tech Giants take on $350 billion in debt; the next bubble?
JP Morgan estimates AI giants will take on an extra $200bn in debt before the end of this year.
August 24, 2026
The Insurance Gatekeepers
Data centers need more than power and chips. They need someone willing to insure them.
August 22, 2026
Cushion: the margin under Norway's spending ceiling
Spending is set as a share of a portfolio the state does not choose. The cushion below it is now thinner than the fund's own expected annual swing
August 10, 2026
The Glenmark Settlement and the Broken Promise of Generic Drugs
Why can the price of a generic drug suddenly skyrocket if multiple companies make the same medicine?
August 8, 2026
Capacity: the schedule behind Europe's grid margins
Siemens Energy's grid orders grew 26% over nine months and group capital spending grew 8%. Margins rose two points in the meantime
August 5, 2026
Artificial Intelligence is Widening the Gap Between Capital and Labour - And the Layoffs Prove It
Meta cut down 8,000 jobs the same week it raised AI spending to $145 billion.
July 26, 2026
A Dual Engine; a Demand Deficiency
How China's innovative excellence and dominance in exports and AI overshadows internal economic struggles.
July 25, 2026
The OhioHealth Settlement and the Hidden Power of Hospital Contracting
How much control should hospitals have over how medical insurance plans are designed?
July 23, 2026
Trump’s Section 122 Tariff Expires. Its Price Impact May Last Longer.
The 150-day emergency surcharge ends July 24, but its price effects have not fully landed.
July 21, 2026
Britain’s £18bn deal with Japan: Investment only matters if it reaches British firms
The UK - Japan deal includes advanced technology, clean energy and promised jobs.
July 19, 2026
Private Insurance Can't Price Climate Disaster
Climate risk isn't just an environmental problem. It's threatening the future of private insurance and housing affordability.
July 12, 2026
The Fed Is Done Cutting. The Question Now Is Whether It Hikes.
What Bank of America's three-hike forecast means for markets, borrowing costs, and the economy.
July 12, 2026
The AI Sovereign Wealth Fund: A Global Mirage?
Examining AI-induced inequality on global level reveals why distribution may not be the answer.
July 11, 2026
Incidence: who pays to hold Germany's health surcharge
Germany's health reform freezes a payroll charge by capping hospital payment growth below rising costs.
July 8, 2026
Why OpenAI is Scared to Go Public
OpenAI was supposed to go public this year. Now it's not. Here's what that actually means.
July 7, 2026
The Visa-Mastercard Settlement and the Hidden Cost of Paying by Card
If businesses pay swipe fees, why do consumers end up dealing with the cost?
June 29, 2026
Why Trump’s Fed Gamble Has Backfired
Trump appointed Kevin Warsh expecting rate cuts, but Inflation had other ideas.
June 27, 2026
Thresholds: where Europe's capital union stops short
The Commission's December package proposes central supervision of Europe's capital markets. Its scope stops at the dozen biggest, leaving the rest national by design
