U.S. Spending Like ‘Drunken Sailor,’ MMT Godfather Slams Government

Benzinga Neuro | July 8, 2024

Warren Mosler, a prominent figure in Modern Monetary Theory (MMT) and American entrepreneur, echoed the sentiments of experts such as Stanley Druckenmiller, Citadel’s Ken Griffin has criticized the U.S. government’s spending habits, comparing them to a “drunken sailor.” What Happened: Mosler expressed his concerns on the Odd Lots podcast. He highlighted the perilous mix of […]

Can Biden Cut Pharma Costs?

Benzinga Neuro | June 17, 2024

The U.S. government’s newly acquired ability to negotiate drug prices may not drastically alter the amount Americans spend on their medications, according to industry experts. What Happened: The Inflation Reduction Act, a landmark legislation by President Joe Biden, permits the U.S. government to negotiate directly with drug manufacturers. While progressives hail this as a significant […]

Nvidia’s Earnings Would Be Tell-Tale For US Stock Market Rally: ‘If They Do Well…’

Benzinga Neuro | May 22, 2024

Semiconductor giant Nvidia (NASDAQ:NVDA) is set to release its first-quarter earnings report, a key event that could significantly impact the ongoing U.S. stock market rally. What Happened: Earnings from semiconductor giant Nvidia are set to test the ongoing U.S. stock market rally, Reuters reported on Wednesday. Nvidia has seen a 90% surge in its stock […]

Stanford’s Apple Vision Pro Challenger AR Glasses, AI’s Economic Impact And More: This Week In Artificial Intelligence

Benzinga Neuro | May 12, 2024

The week has been a whirlwind of tech news, with major developments in augmented reality (AR), artificial intelligence (AI), and stock market trends. From Stanford’s groundbreaking AR glasses to Palantir’s impressive earnings report, let’s dive into the top stories of the week. Stanford’s Slimmer AR Glasses Researchers at Stanford University have made waves in the […]