The Washington Post plans to lay off 240 employees after “overly optimistic” traffic and ad projections from top leaders. On Tuesday, New York Times media reporter Ben Mullin posted an internal memo ...

Charles Steindel, chief economist of the New Jersey Department of Treasury, has resigned from his post to pursue a college teaching position, according to a report this morning from Bloomberg ...

A new study concluded that people with excessive optimism are more likely to struggle with decision-making and could have lower cognitive function. "Those highest on cognitive ability experience a 22% ...

An Overly Optimistic Take on Our Post-Human Existence In the years when I taught an undergraduate art history survey course, I would invariably encounter a student who wanted to know how ancient ...

The major market averages have seen seven consecutive weeks of gains following the Fed's shift towards rate cuts. Economic indicators show continued growth and a disinflationary trend, giving the Fed ...

California’s independent budget analyst believes Gov. Gavin Newsom’s proposed spending plan includes overly-rosy revenue estimates and may lead to unsustainable financial conditions in future years.

Tesla’s so-called Full Self-Driving (FSD) driving assistant system has been at the center of several legal battles and it’s frequently cited by enthusiasts as a feature that sets the maker of the ...

Management's optimistic guidance is unrealistic given industry trends and the significant risk from PBM legislation impacting profitability. UnitedHealth's growth expectations are unsustainable at ...

The next step to counter overly optimistic estimates is called three point estimating and deals with a further refining of the duration estimates. You’ll be getting three different ‘views’ for each ...