HeyJaredPaul Vigna
- Indexed articles, last 90 days
- 39
- Latest publication
- Oct 1, 2026
- Outlet visibility, for American Banker
- Top 1M sites
- Earliest in this view
- Jul 6, 2026
Latest articles
Inflation falling now doesn't erase the last five years' worth of it (opens the original)
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Inflation is a cumulative phenomenonInflation is still a problem. It's a problem for consumers, it's a problem for businesses, it's a problem for politicians, and it's a problem for the central bank. The August PCE index came in at 3.4%, as our John Heltman and Kyle Campbell reported, which is better than the July reading's 3.7%, and certainly better than the more than 6% it was clocking in 2022. But it is still more than a full percentage point above the Fed's target rate of 2%. And keep in min
A penny saved is now just a penny sitting in a cup somewhere (opens the original)
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The penny droppedA few months ago in a jumble of change I got after a payment in a store (yes, I still use cash), I noticed that I had three very old pennies. 1957, 1950, and 1941. It's pretty rare to get even one of these wheat pennies (the back features two wheat stalks) back in a payment, but three was unprecedented, at least for me. I'm not exactly a numismatist, but I do like old coins. I always go through my change and see if I've gotten any. They are a tangible connection to another era a
Maybe struggling banks can offer prediction markets (opens the original)
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Failure #6The sixth bank failure of 2026 went down Friday night as Nano Banc of Irvine, California, was seized and sold by regulators. If you're counting at home, that is not only more failures than all of 2025, it is more than all of 2025 and 2024 combined. There have been more failures in 2026 than in any year since 2017. The rather large caveat here is that we are starting at an extremely low base. There were only two failures in both 2025 and 2024. Even in 2023 when we had the very high-prof
Why all of AI's issues are ultimately trust issues (opens the original)
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I am not a Luddite; at least, I used to not be a Luddite. I used to be an early adopter. I got my first PC in 1982 (the Timex Sinclair 1000, if you're curious), we were the first family in town to have a Betamax, etc., etc. I like technology. I have to admit, though, I am becoming more Luddite'y by the day when it comes to AI. I just don't trust it. I am not alone in this, of course. AI executives themselves apparently don't trust their own technology. A lot of the people at those companies are
Rising gas prices will hammer already fragile consumers (opens the original)
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I went to get gas on Sunday at my local place. I go there all the time so I know the attendants, too (this might require a bit of explanation: I live in New Jersey. We have a law that prohibits you from pumping your own gas. So all our stations have attendants.) As he was filling up the tank, he started complaining about the price of gas. How much it's gone up, how much diesel costs, how crazy it all is. When the people selling you the product are complaining about the price of the product, some
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