Nick Lichtenberg

Articles by Nick Lichtenberg

Tariffs and $38 trillion national debt: Hassett sees deficit cuts, Bessent sees 'shrinking ice cube' - Fortune

Business December 5, 2025

Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve chairman, argued on Thursday President Donald Trumps sweeping tariffs are playing a mοΏ½...

Scott Bessent on well-intentioned but β€˜very amorphous’ Giving Pledge: Billionaire class in panic - Fortune

Business December 4, 2025

At the DealBook Summit hosted by the New York Times Andrew Ross Sorkin, Treasury Secretary Scott Bessent criticized the Giving Pledge, calling it very amorphous, while at the same time hailing the inοΏ½...

McKinsey explains why AI won’t take your job, even though it can already automate 57% of all U.S. work hours - Fortune

Business November 26, 2025

A new report from McKinsey Global Institute tackles one of the most pressing fears of the modern economy: the sweeping job displacement threatened by artificial intelligence. While McKinseys researchοΏ½...

'There’s only so much you can absorb from the tariffs, because they’re just very high': Levi’s CEO states the plain truth - Fortune

Business November 26, 2025

The global fashion industry is bracing for 2026, navigating a market defined by geopolitical instability, macroeconomic uncertainty, and, above all, unprecedented U.S. tariffs. As leaders pivot from οΏ½...

Analyst who called the dot-com bubble says Americans are turning a deaf ear to AI warningsβ€”and a worse meltdown than 2008 looms - Fortune

Business November 24, 2025

Albert Edwards, the outspoken Global Strategist at SociΓ©tΓ© GΓ©nΓ©ralea figure who even refers to himself as a perma bearis certain that the current U.S. equity market, driven largely by high-flying ...

Analyst who called the dot-com bubble says Americans are turning a deaf ear to AI warningsβ€”and a worse meltdown than 2008 looms - Yahoo Finance

Business November 24, 2025

Albert Edwards, the outspoken Global Strategist at SociΓ©tΓ© GΓ©nΓ©ralea figure who even refers to himself as a perma bearis certain that the current U.S. equity market, driven largely by high-flying ...