Russia, climate, inflation: Are we headed toward a “polycrisis”? The buzzword at Davos, explained.

There is nothing that Davos loves more than a good buzzword, and in 2023 that buzzword was “polycrisis.” The folks at this year’s World Economic Forum adopted the term after historian Adam Tooze popularized it in his inaugural Financial Times column last year. At its annual meeting last week, the WEF released its “Global Risks … Read more

Alphabet CEO Lays 12,000 People, Says Company ‘Headed for a Different Economic Reality’ TechCrunch

To get a roundup of the biggest and most important TechCrunch stories delivered to your inbox every day at 3pm PST, head over to TechCrunch. Subscribe here. happy Friday! Join us in wishing Lorenzo A very warm welcome to the team! He’s joining our crack team of cybersecurity reporters, working alongside Zack and Carly. He … Read more

Billionaire bond fund manager Jeffrey Gundlach worries US is headed in ‘terrible’ direction

DoubleLine CEO and CIO Jeffrey Gundlach, aka “The Bond King,” discusses the Federal Reserve, the possibilities of the bond market, and a Biden administration about “making money.” Taking a look at the state of the US markets and economy, DoubleLine CEO and CIO Jeffrey Gundlach, also known as “The Bond King,” warned America is headed … Read more