Bernanke: Economists totally missed Trump’s populist uprising, but now we need to help

Former chairman of the Federal Reserve Ben Bernanke said Monday that economists have a “responsibility” to help address populist frustrations. “The credibility of economists has been damaged by our insufficient attention, over the years, to the...

Senate GOP Obamacare replacement would lead to 22 million more uninsured in 2026, CBO estimates

The Senate’s Obamacare replacement bill would lead to 22 million more Americans uninsured in 2026, while average premiums are expected to fall after climbing at first, according to a Monday report from the nonpartisan Congressional Budget Office. The CBO’s...

Avis and Alphabet will team up on self-driving cars — and Avis shares are soaring

Alphabet and Avis Budget will work together on self-driving cars, the companies announced on Monday. Alphabet’s self-driving car company, Waymo, will rely on Avis to service and store its fleet of Chrysler self-driving vans, the companies said in a statement....

Snap shares may be unable to stay above IPO price as big insider selling looms

Snap shares could fall below its IPO price in coming weeks, if historical trends hold true. Shares of the Snapchat parent closed Monday 29 cents above the stock’s initial public offering price of $17 a share. The move comes about a month before many insiders who...