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Shreyas SinhaObserver |
“There is no technical definition of ‘stagflation,’ but this definitely moves the economy in that direction," Furman told Observer.
"Under my leadership, Intel will be an engineering-focused company," Tan said at the Intel Vision conference this week.
23andMe promised to tell you where you came from. Now, it's not clear where your genetic data is going. With a Chapter 11 filing, a 99.8 percent drop...
Greenland has 56,000 people, one grocery store chain and enough rare earths to keep a superpower humming. Washington wants it—openly. Vice President...
Elite universities are rethinking their financial strategies amid uncertainties around federal funding.
Tariffs could tip Canada into recession, requiring more government spending, not less.
SpaceX now accounts for a larger share of Elon Musk's net worth than Tesla.
Nir Bar Dea was a high school dropout and didn't start his finance career until mid 30s.
"We have become a highly bureaucratic, litigious, over-regulated society, and it's bad," said the JPMorgan Chase chief.
President Trump signed an executive order to create a U.S. sovereign wealth fund on Feb. 3. AFP via Getty Images Earlier this month, President...
Bill Ackman is looking to replicate Warren Buffett's success with Berkshire Hathaway.
The post-Covid high interest rate environment has changed how private equity firms pay their investors.
TikTok has until April 5 to find an American buyer.
A group of major banks take issue with how the Fed conducts its annual stress tests.
Scott Bessent led George Soros’ family office before starting his own hedge fund. Kevin Dietsch/Getty Images In November, President-elect Donald...
MicroStrategy founder Michael Saylor speaks on stage during Bitcoin Conference 2023 at Miami Beach Convention Center on May 19, 2023. Getty Images...
Elon Musk has donated more than $100 million to Trump’s presidential campaign. ROBYN BECK/AFP via Getty Images Elon Musk’s unwavering support for...
Federal Trade Commission Chair Lina Khan is set to step down in January. Getty Images Lina Khan, the 35-year-old chair of the U.S. Federal Trade...
In October, rent rose twice as fast as other consumer prices. Shelter inflation came at 4.9 percent year-over-year, contributing 65 percent to the...
On Monday (Nov. 18), Boeing (BA) announced it would cut 2,500 workers in Washington State, Oregon, South Carolina, and Missouri as part of a plan...
Private credit is Wall Street’s new favorite asset class, with the market size skyrocketing from less than $500 billion a decade ago to over $2.7...
Germany, Europe’s largest economy once hailed as the continent’s unshakable economic titan, is stumbling through a period of political turmoil and...
The Walt Disney Company (DIS) is gearing up for the most-watched casting decision of the decade: Who will replace Bob Iger in 2026? After decades...
Professional investors often assume they are free of political bias. However, research suggests this is far from true. Political bias is proven to...
Jane Street Capital, the secretive quantitative trading shop best known as the former employer of Sam Bankman-Fried, is quietly emerging as a Wall ...
Despite launching with much fanfare, Apple (AAPL)’s newest iPhone 16 lineup and its touting of A.I. features, dubbed “Apple Intelligence,” have not...
Last week, the 2024 Nobel Prize in Economic Sciences was awarded to three prominent economists— The MIT’s Daron Acemoglu and Simon Johnson, and the...
Hyundai Motor Co. is on track to set a new record for the largest IPO in India, adding fuel to an already gravity-defying market. The Korean...
On Sept. 24, the Chinese government revealed its second-largest stimulus package in history in a bid to jumpstart its economy scathed by an ongoing...
OpenAI CEO Sam Altman, who has famously claimed he doesn’t own any equity in the $157 billion A.I. company he runs, could soon be a...
The U.S. IPO market continues its downward slide in 2024, with just 151 listings so far. While on track to beat 2023’s decade low of 154 IPOs, it...
Nike (NKE)’s board unexpectedly announced yesterday (Sept. 19) that CEO John Donahoe would retire next month after four years at the helm of the...
Jamie Dimon, who has served as the CEO of JPMorgan Chase (JPM) since 2005, said at an event in New York that looking for his successor is among his...
After Federal Reserve Chair Jerome Powell has all but promised interest rate cuts at the upcoming Federal Open Market Committee meeting held on...
Apple (AAPL) today (Sept. 9) revealed its latest iPhone 16 lineup, along with the new Apple Watch and AirPods, all available on Sept. 20. This will...
Hedge fund mogul Paul Singer’s Elliott Investment Management has officially accumulated enough shares of Southwest Airlines to start pushing for a...
Last week, hundreds of economists, central bank officials and journalists from around the world gathered at the annual Jackson Hole Economic...
At the 2024 Jackson Hole Economic Symposium in Wyoming this morning (Aug. 23), Federal Reserve Chair Jerome Powell signaled that the central bank...
In a report last week, Hindenburg Research, a small New York-based short seller made famous by its exposé of India’s Adani Group last year, alleged...
In an interview with CNBC last week, JPMorgan Chase CEO Jamie Dimon said he is skeptical that the Federal Reserve will be able to reduce inflation...
Last Monday, Japanese stock markets saw their worst day since 1987, with the Nikkei 225 index plummeting 12.4 percent. The U.S. markets, which...
On Monday (Aug. 5), the S&P 500 saw its worst day in two years, falling 3 percent. The Dow Jones Industrial Index and Nasdaq also shed 2.6 percent...
Hedge fund billionaire Bill Ackman’s Pershing Square USA (PSUSA) has officially canceled its initial public offering just one day after filing with...
Earlier this month (July 19), a historic computer outage that crashed 8.5 million computer system worldwide made CrowdStrike, a Texas-based...
As the presidential race heats up, 73 percent of voters say the economy is at the top of their minds. If the S&P 500 index indicates the robustness...
Saudi Arabia continues to lurk as a dominant force in Silicon Valley. This year, it is developing a $40 billion A.I.-focused fund with the venture...
Ireland, despite its small land size and population, is among the wealthiest countries in the world. The island nation boasted a GDP per capita of...
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