Peter S. Green
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Journalist, occasional thinker, battler against injustices. Chronicler of revolutions, oysters and the greatest city on earth. petergreen@pobox.com
Articles by Peter S. Green
Big Business This Week: Why Might U.S. Firms Move To Twice-Yearly Reporting?
The Securities & Exchange Commission (SEC) wants to end the requirement that U.S. public companies file quarterly reports (10-Qs) and move to semiannual reporting on a new form dubbed the “10-S.” The change sounds obscure, but it could fundamentally change what investors know about the companies they own. So, what does this mean for the ordinary investor, and why is the Trump Administration so adamant about making the change? BBTW columnist Peter Green spoke with Prof. Marc I.
Big Business This Week: Tech Giants Face A $7.9 Trillion AI Cash Crunch
BROUGHT TO YOU BY: Tech giants Oracle $ORCL ( ▼ 5.48% ) , Microsoft $MSFT ( ▼ 1.35% ) , Amazon $AMZN ( ▼ 2.26% ) , Meta $META ( ▼ 0.06% ) , and Google $GOOGL ( ▼ 0.63% ) face a massive AI cash call, needing a combined $7.9 trillion in revenue by 2031 to break even on AI investments—four times their current combined revenue of $1.9 trillion.
Big Business This Week: Will Anthropic’s $2B IPO Fly Or Stink?
Anthropic’s $ANTHZZX ( ▲ 3.42% ) planned IPO is making news, after a copy of its S-1 filing (a preliminary document filed with the S.E.C. ahead of a public offering) was leaked to several news organizations.
Big Business This Week: Where Is Smart Money Going In This Market?
BROUGHT TO YOU THIS WEEK BY: The world is changing quickly, and asset managers are typing to stay ahead of the changes. Insurance and risk advisory giant Marsh has just released its annual survey of the institutions that manage pensions, endowments and other big pools of money around the world, and where they put their money. The survey polled firms that hold about $5 trillion under management.
Big Business This Week: How The Rate Hike Will Affect You
The Federal Reserve raised rates for the first time in three years this week, defying President Donald Trump, who’s been calling for a rate cut to offset inflation and lower payments on the $40 trillion national debt. To understand how the Fed’s quarter-point rate hike will affect American consumers, BBTW editor Peter Green spoke with Selma Hepp, chief economist at Cotality, a real estate data firm.
Big Business This Week: AI Is Going To “Kill Us All.” Really?
When 27-year-old Anthropic researcher Jacob Coxon abruptly resigned this week, his warning was blunt: AI, left unchecked, will “kill us all,” and he wrote it on Twitter. So, you know he meant it. Geoffrey Hinton, one of the “godfathers” of modern AI, echoed that mounting dread on CNBC: “We’ve never created beings that may soon be smarter than us. We don’t know what’s going to happen. We should obviously be cautious,” he said.
Big Business This Week: Why Vegan Investing Has Beaten the Market
BROUGHT TO YOU THIS WEEK BY: How do you beat the S&P? Go for woke! That’s the strategy of the Vegan Climate ETF$VEGN ( ▲ 0.95% )that aims to invest only in companies that are kind to animals and do good for the planet. BBTW editor Peter Green spoke with Beyond Investing co-founder Claire Smith about how her ETF has consistently outperformed the S&P 500, by as much as 30% in the second quarter, and typically by 5-7 percentage points a year, over time.
Big Business This Week: How Farmers Are Feeling The Squeeze
BROUGHT TO YOU THIS WEEK BY: Wil Bledsoe runs a 20,000-acre farm on Colorado’s northeastern plains with his brother, Jim, and father, Bill — roughly 800 to 1,000 head of cattle alongside 2,500 acres of corn, wheat, and grain sorghum. BBTW editor Peter Green caught up with him to talk about how tariffs, trade policy, drought, and packer consolidation are reshaping the economics of American ranching and farming. Honestly, the border being closed probably helped our bottom line as much as anything.
Big Business This Week: Bond Market Turmoil and The Broader Economy
New economic data is in and it’s not looking so great. Inflation is stuck above 3%, GDP growth was 1.5% annually in the second quarter, unemployment is at 4.1%, housing starts are down 12.4% over last year, and on Wednesday the national debt pile reached $40 trillion, double what it was in 2017. Consumers are tapping home equity to pay their credit card bills. Americans are worried about how the economic pie is being split, says Moody’s chief economist, Mark Zandi.
Big Business This Week: Peak Oil Panic And The Shift To Sustainable Energy
Is this the top for oil? Prices may rise and fall as president Donald Trump spars with Iran’s leadership over the Strait of Hormuz, but around the world, governments, companies and consumers are getting the message: Oil is too volatile an energy resource to depend on. China leads the pack here, having stocked up oil reserves when Trump first suggested he might attack Iran again, but countries across the globe are cutting their dependence on oil.
Big Business This Week: Why Main Street Businesses Are Holding Their Breath
While we’ve all been focused on big business here at Big Business This Week, editor Peter Green wondered how small business has been faring. He spoke with Guy Berger, a macroeconomist and labor-market specialist at small-business payroll provider Homebase, about small-business resilience, rising wages, tariffs, immigration and why the outlook could become more difficult later this year.
Big Business This Week: AI Chatbots Know More About You Than You Think
As the battle rages for control of artificial intelligence, it’s becoming increasingly apparent that AI models from ChatGPT to the bot on the plumbing supply store’s website know an awful lot about you. BBTW editor spoke with Ben Winters, director of AI and privacy at the Consumer Federation of America, to understand what AI companies collect, why they want it and what consumers can do to protect themselves.
Big Business This Week: The Fed Is Paralyzed, But Could Doing Nothing Be A Dangerous Move?
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: The Federal Reserve’s Open Markets Committee meets next week, as pressure on the U.S. economy ramps up. Rising oil prices and new tariff threats would suggest the committee might raise interest rates. At the same time, stagnating employment and home sales suggest a rate cut by the committee could help the economy. Gah! It’s the perfect recipe for Fed paralysis. And yet doing nothing in this situation could also be a bad move.
Big Business This Week: How AI-Driven Attrition is Quietly Reshaping the Workforce
Every month, investors pore over the U.S. jobs report looking for clues about the labor market. But what if the biggest AI-driven employment trend doesn’t show up in the data until it’s already happened? Big Business This Week editor Peter Green spoke with Bradley Taylor, CEO of headcount forecasting firm Clearcast, who argues that companies are increasingly reducing employment through attrition rather than headline-grabbing layoffs.
Big Business This Week: Markets Shrug as Iran War Resumes
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: The bombs are back! With Donald Trump and the Iranian Mullahs tearing up their fragile, short-lived Memorandum of (mis)Understanding and resuming their highly combustible game of tit-for-tat, you might expect global markets to be in full-blown panic.
Big Business This Week: Ask A Nobel Prize Winner: Can AI Save the American Dream?
Simon Johnson, the MIT economist and Nobel laureate, has spent much of his career studying how institutions shape prosperity — and how societies lose it when those institutions fail. At a moment when AI investment is booming, tariffs are back at the center of U.S. economic policy, investor protections are being rolled back, and many Americans feel locked out of the economy’s gains, Johnson sees both danger and possibility.
Big Business This Week: Making Sense of Market Volatility In A Turbulent Week
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: What the heck, Wall Street? Was there a tech sell-off this week? Perhaps?! Who knows?! Through Thursday afternoon, some tech shares had dropped, with the Magnificent Seven tech stocks down a collective 6%, the Nasdaq down 4% and the S&P 500 down 2%. But the Dow was up 1%, and given the volatility of all markets these days, trading on everything from the price of oil to the whims of president Trump, it’s no surprise. Amazon dropped 4.75% on Monday.
Big Business This Week: The World Cup Is a Money Machine. But for Whom?
FIFA’s soccer World Cup promises to deliver $11.1 billion in spending and $30.5 billion economic impact for the U.S., but how much is it really helping the American economy? BBTW editor Peter Green spoke with Victor Matheson, a sports economist at College of the Holy Cross, in Worcester, Mass., who has spent years studying the economics of mega-events, including the Olympics and World Cup.
Big Business This Week: Is the Coming IPO Wave a Financial Trap?
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: SpaceX starts selling shares this week in the largest IPO of all time, aiming to raise about $75 billion and valuing the company at $1.7 trillion. Anthropic announced its IPO plans last week, and this week OpenAI filed its first IPO papers with the SEC. None of these companies are profitable, and they are seeking billions of dollars of investor cash. Big banks from JPMorgan Chase $JPM to Goldman Sachs $GS are applauding the IPOs, but do the numbers add up?
Big Business This Week: Decoding investor FOMO about the AI & SpaceX IPOs
A historic wave of IPOs is about to hit Wall Street. SpaceX $SPACEX, Anthropic $ANTHROPIC, and OpenAI $OPENAI, companies once confined to private markets and tech lore, are racing to go public with valuations that could redefine the market. For the average investor watching from the sidelines, the frenzy can feel alien, driven by a complex mix of technological promise and sheer fear of missing out (FOMO).
Big Business This Week: A Quantum leap for tech investment
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: Imagine a computer that’s so fast it can discover new drugs to fight cancer or Lou Gehrig’s Disease and bring them to market in a few years, instead of decades. And imagine stocks that can soar five-fold or 10-fold in just a few years, the way chipmakers like Nvidia $NVDA and Micron Technology $MU have done. Put those together, and you’ve got quantum computing, a decades-old science that may be on the cusp of an AI-like explosion.
Big Business This Week: What Are The Hidden Risks of Giant IPOs?
SpaceX$SPACEX ( ▼ 0.02% ) , Anthropic$ANTHRP ( 0.0% ) and OpenAI$OPENAI ( ▲ 4.64% ) are all poised for or filing for IPOs over the next few months, and under new quick-entry rules, they will swiftly join the Nasdaq-100 stock index. Passive funds, the ones that invest in the indexes that are now dominated by very large cap stocks like the MAG-7, no longer outperform the market, theyarethe market, accounting for well over 50% of all investments in U.S. stocks.
Big Business This Week: ‘They’re Getting Their Money Back’ — A Trade Lawyer on the Tariff Collapse
In February, the U.S. Supreme Court ruled that the administration’s emergency tariffs were illegal, and it ordered the government to return the $165 billion it had collected so far. Last week, the U.S. Court of International Trade ruled that a set of replacement tariffs installed after the first set were overturned were also invalid. Liz Levinson co-leads the international trade practice at law firm Fox Rothschild in Washington.
Big Business This Week: SpaceX’s $2 trillion IPO: Should we be bullish or bearish?
Raising $50 billion, turning SpaceX into a public company is expected to be the largest initial public offering in history. A lot of people stand to get very rich, with the company’s overall value expected somewhere between $1.5 trillion and $2 trillion, an astronomical sum for a niche company that is quite literally shooting for the stars. Early investors in SpaceX’s capital stack could make as much as 20x their initial investment.
Big Business This Week: Why the UAE’s OPEC departure is a distraction from the real oil price crisis
How many oil crises can the world track at once? There’s the supply chain crisis, the price crisis, and now the OPEC membership crisis, as the United Arab Emirates says it will leave the energy cartel. To understand what it all means, BBTW columnist Peter Green spoke with Boston University oil expert Prof. Robert Kaufmann. This interview was condensed and edited for clarity Robert Kaufmann: It’s an interesting story, but I don’t think it’s going to have much impact on price.
Big Business This Week: Can Warsh prove his independence?
TODAY’S NEWSLETTER IS BROUGHT TO YOU BY: Sometimes it helps to have friends in high places, and sometimes it doesn’t. Just ask Kevin Warsh, President Trump’s nominee to be the next chair of the Federal Reserve.
Big Business This Week: Can Warsh prove his independence?
3 hours ago Meta is ramping up spending on artificial intelligence while preparing for deeper workforce cuts, with reports suggesting two rounds of layoffs this year, one already confirmed for May and another that could impact an additional 10% of employees. The company plans to cut around 8,000 jobs and leave …
Big Business This Week: Just How Big A Threat Is AI to Global Finance?
When Treasury Secretary Scott Bessent (above) and Fed chair Jay Powell jointly summon America’s top bankers to a meeting in Washington, you know it’s big. This time, it was over the specter of a new AI model created by Anthropic, called Mythos. If that sounds like a black-masked, sword-wielding supervillain, then it has a great name, because that’s what it sorta is.
Big Business This Week: The Great Iran War Supply Chain Disruption
The ripple effects of the Iran War go beyond oil tankers and the Strait of Hormuz, affecting global supply chains for everything from semiconductor components to ice cream. To understand how these disruptions are playing out in real time, BBTW columnist Peter Green spoke with Razat Guarav, CEO of Kinaxis $KXS.TSX whose platform helps companies manage more than $200 billion in inventory across global supply chains. (This interview has been condensed and edited for clarity).
Big Business This Week: “Stocks will crash,” says one expert; “Stocks will rise,” says another
The war in Iran continues to wreak havoc on market stability. Every week since the war began, the markets rise on a Monday, buoyed by hopes the bombing will end soon, but by Friday they come crashing down again. With headlines the main impetus, investors and traders appear to be selling to lock in profits and avoid getting caught by a weekend’s worth of bad news.
Big Business This Week: Insider trading: “What’s needed is enforcement — not new excuses.”
Somebody got rich quick on Monday morning. Just 16 minutes before President Donald Trump’s surprise decision to pause the bombing campaign against Iran, market records show traders bought about $1.5 billion in S&P 500 $SPX futures and sold about $500 million in crude oil $CRUDE futures. After President Trump’s 7:06 a.m. social media post, the S&P futures rose between 0.9% and 1.3%, while oil futures fell about 15% even before the markets opened.
Big Business This Week: Does the private credit crisis have echoes Of 2008?
If you asked anyone in 2007 what a “subprime mortgage” was, they wouldn’t have any idea. So here’s a question for you: Do you know what the private credit market is? Here’s why your answer matters: When prominent U.S. financiers start drawing parallels to the Great Recession of 2008, it might be time to worry. And yes, this time around, yet another little-known investment vehicle has people increasingly concerned. At its simplest, private credit is a loan made to a company by a non-bank lender.
Big Business This Week: War and the oil price swings rattling global markets
Oil markets have been lurching up and down as the U.S. and Israeli bombing campaign against Iran shuts down shipping in the Persian Gulf. Tankers have been delayed, governments are releasing strategic reserves, and traders are reacting with jitters to every new headline from Washington. The consequences go far beyond gasoline prices. Oil is the raw material for everything from plastics to fertilizers, with shocks rippling through global supply chains and inflation.
Big Business This Week: The three “economic shock channels” from the Iran war, apart from oil prices
The U.S. and Israeli bombing of Iran had a swift effect, if not on regime change, then at least on the global economy. Oil prices have shot up, home mortgage rates climbed back above 6%, and the specter of inflation returned.
Big Business This Week: Will tariff policy ever stabilize enough so that big business can plan?
It was hardly unexpected. The Supreme Court’s ruling last Friday that President Donald Trump had no authority to issue his “Liberation Day” tariffs has thrown the U.S.’s global trade relations into turmoil, with trading partners, importers and U.S. companies unsure which tariffs apply to what, and whether they will get back the $130 billion or more that they paid the U.S. Treasury to comply with the duties imposed under the International Emergency Economic Powers Act (IEEPA).
Big Business This Week: It’s a sports book. It’s a casino. Wait. It’s a “prediction market?!”
Is a “prediction market” a gambling platform or an investment vehicle?
Big Business This Week: Does the Dollar’s decline matter?
—By Peter S. Green While the ups of the stock market and the downs of cryptocurrency have been capturing the attention of investors and market watchers, a quieter downturn has been underway since the beginning of the Trump Administration, as the U.S. dollar weakens. Generally, a weak dollar should be good for the economy, lowering the cost of U.S. goods on the world market, and boosting jobs and manufacturing at home.
Big Business This Week: The SaaS-pocalypse hits the tech markets
—By Peter S. Green All it took was a gentle nudge for tech markets to fall significantly. When Anthropic introduced some new plug-ins last week for its AI code-writing bot Claude Cowork, it didn’t seem like a big deal. Well, that was until users tried it. In a few hours, Claude was able to write better code to replace much of the work done by existing software used for legal, sales, marketing, and data analysis.
Big Business This Week: Can global prosperity survive a ‘Doom Loop’?
Have we seen the end of 80 years of increasing global prosperity and relative peace? The global institutions that kept the world functioning since the end of World War Two have proved spectacularly unable to keep the world moving in a positive direction in the past couple of years.
Big Business This Week: What happens when “Sell America” meets “TACO”?
As President Donald Trump ratcheted up his rhetoric on Greenland, suggesting he might invade the Danish island and slap 25% tariffs on eight EU states, U.S. stock indices fell 2% in what looked like it could become a rout. Then on Wednesday, in the wee hours New York time, Trump gave a speech at Davos, where he said he wasn’t going to invade Greenland after all or impose tariffs. Markets zoomed back, and by midday Thursday, the Dow was up 500 points from its drop.
Big Business This Week: Will pressure on Fed chair Powell backfire?
The image was stark. Fed chair Jerome Powell stood in front of the American flag staring straight at the camera. Just two days earlier, President Trump’s Justice Department threatened criminal charges against Powell over a $3 billion renovation of two century-old Fed buildings in Washington.
Big Business This Week: The $180 Billion gamble on Venezuela’s oil
This week’s newsletter is brought to you by: Early last Saturday morning, U.S. commandos abducted Venezuela’s sitting president, Nicolás Maduro, and his wife, Cilia Garcia, to stand trial in New York on drug-running charges. Then President Donald Trump announced the U.S. will be “running” Venezuela, and control the country’s oil exports, its main source of revenue.
Big Business This Week: Energy, affordability & management ’26 trends
Editor Peter Green spoke with experts about the trends that will shape big business and the economy in 2026. We spoke with Carolyn Kissane, a professor at New York University’s Center for Global Affairs, where she teaches and researches on the geopolitics of energy. Carlyn Kissane:The world is increasingly divided into electro-states and petro-states.The U.S. is becoming a petro-state: We see an increase in the use of oil, natural gas, and even coal.
Big Business This Week: Xmas tricks retailers use to “hack our minds”
‘Tis the season, and there are just a few more days for retailers to get their hands on the money in America’s wallets. This year, the gap between rich and poor is widening. As much as 50% of all spending comes from the top 20% of families.
Big Business This Week: Inside the battle for Warner Bros.
It’s the intrigue of the hour in Hollywood, and the implications are real for the U.S. entertainment and news industries: Who will win the bidding war for Warner Bros. Discovery $WBD, which includes HBO and CNN: Larry and David Ellison’s Trump-aligned Paramount Skydance $PSKY with its Saudi-backed and Jared-Kushner-managed bid, or Netflix $NFLX, the streaming giant that’s got a production deal with Barack and Michelle Obama?
Big Business This Week: Retail’s new trilogy: Gen Z, AI, and Ozempic
Fresh off of Black Friday and Cyber Monday, the start to the holiday season, BBTW editor Peter Green sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year. It’s all about Gen Z, AI, and the new (low) appetite economy. Ali Furman:The top three trends that I believe are going to have an impact on the economy from a consumerism standpoint, generational shifts, AI/agentic commerce, and weight loss drugs.
Big Business This Week: “Probably about a 45% chance of recession.”
With prices up, trade down, and only 32% of Americans feeling confident about the economy, BBTW editor Peter Green spoke with Tony Roth, chief investment officer of Wilmington Trust Investment Advisors, managing about $80 billion, about where we are and what comes next. Tony Roth: Right now, there’s probably about a 45% chance of recession, which is attributable primarily to the significant deceleration that we’ve seen in the secondary indicators of the labor market since the data fog started.
Big Business This Week: Could Zohranomics actually work?
Zohran Mamdani, the 34-year-old Democratic Socialist who was elected mayor of New York City this month, is promising to usher in a new brand of economics. To tackle the city’s inexorably rising costs and Make New York Affordable Again, he’s proposing a series of sweeping economic changes, includingfreezing stabilized rents, free buses, City-owned supermarkets, free day care, constructing half a million union-built, city-owned affordable housing units, and new taxes on the 1%.
Big Business This Week: Whatever happened to free markets?
America during Donald Trump’s presidency has embraced interventionist economic policy in a way not seen since FDR’s New Deal, from golden shares in steelmakers, profit sharing with chipmakers, sector-specific tariffs, to waivers for firms that invest in the U.S. To make sense of what’s happening, BBTW editor Peter Green spoke with Jan Svejnar, the Richard N.
Big Business This Week: Building “deep tech” that matters
Maybe it’s not high-tech that’s the answer to improving the world, maybe it’s actually… “deep tech.” Pablos Holman ran a deep tech lab for investors, including Bill Gates and Nathan Myhrvold, and built spaceships for Jeff Bezos’ Deep Blue. He’s written a book this year called “Deep Future: Creating Technology That Matters.” BBTW editor Peter Green sat down with Holman for a chat. Pablos Holman: With software, we’re just going places we’ve already been before.
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