#economic-risk

#economic-risk

After all, Trump's lawyers told the court that speed was of the essence on an issue central to the Republican president's economic agenda. They pointed to a statement from Treasury Secretary Scott Bessent warning that the "longer a final ruling is delayed, the greater the risk of economic disruption." But nearly three months have elapsed since arguments in the closely watched case, and the court isn't scheduled to meet in public for more than three weeks.

Ray Dalio never misses an opportunity to cut to the chase. On Wednesday at Davos, speaking to Kamal Ahmed, Fortune's Executive Editorial Director for the UK and Europe, he had a blunt assessment of the landscape leaders and CEOs are facing at the moment. "What always scares me is the lack of realism," among leaders, he said as he reeled off the historic economic, climate, and political threats the world is grappling with. "Will law prevail? Everyone is having to deal with that question."

When Sriram Krishnan, a senior White House policy advisor on artificial intelligence, appeared onstage at an event in Washington last month, he listed the Trump administration's priorities for advancing the AI revolution. At the top of the list? More construction. "Let's make sure we build our infrastructure," Krishnan said. "'Build, baby, build' is what we tell people." That rallying cry is echoing across Silicon Valley.

Though Meta, Amazon, Microsoft, Google, and Tesla are expected to have spent some $560 billion on AI development by the beginning of next year, their collective revenue from AI comes in at a paltry $35 billion. In the first half of 2025, the Atlantic notes, business spending on AI added more to GDP growth in the United States than all consumer spending combined.

President Donald Trump has issued an executive order allowing regular investors to gamble money in the private markets, potentially leading to a financial crisis that harms the general public.