Financial Times
Trump’s Venezuela operation echoes the CIA’s Chile playbook Sebastian Edwards traces the parallels between the U.S. move against Maduro and the coup that ousted Salvador Allende in 1973. For many Latin Americans, he says, this continuity reinforces the enduring belief that power politics in the region remain stubbornly familiar.
KTVU
A closer look at California’s economic outlook
What is dragging down sectors like construction and nondurable goods and manufacturing? As Jerry Nickelsburg observes, uncertainty about what tariffs will be imposed is more problematic than the tariffs per se. When firms are uncertain about their costs, they tend not to hire or grow.
Newsweek
2026 to see weaker job growth and higher inflation Macroeconomist Clement Bohr notes the discrepancy between GDP figures (the “noisier” economic distress signal) and weak labor market readings when it comes to assessing the overall health of the U.S. economy at this juncture. “How can we be growing so much if we are not adding new jobs and, in fact, may be losing jobs?”
Fortune
Privatizing Fannie Mae and Freddie Mac the wrong way risks a second Great Recession
Although the Trump administration has focused its housing agenda on privatizing Fannie Mae and Freddie Mac — which have been operating under conservatorship since 2008 — Wesley Yin pinpoints greater urgency in addressing permitting rules, tariffs and climate resilience.
ABC News
What Trump’s threatened ‘blockade’ on sanctioned Venezuelan oil tankers means for gas prices
Christopher Tang looked at the knee-jerk reaction by oil markets and determined a continued standoff could push oil prices up to around $65 or $70 per barrel, but he believes they’re unlikely to go much higher.
Knowledge at Wharton
Decoding the AI bubble: Tulips, dot-coms or something else? While firms are experimenting with AI, only a small minority have figured out how to turn experimentation into measurable P&L gains. Shlomo Benartzi breaks down the latest research on generative AI and what it says about a potential AI bubble.
