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Will DanielFortune |
With the Fed being "boxed in" by the latest banking crisis, experts are raising concerns about “greater chances of stagflation.”
From the housing market to venture capital activity, many parts of the economy are in a deep freeze. And experts say they may not thaw out until next...
Since Nov. 2021, Musk has lost $170 billion, with Tesla shares down roughly 60%. The battle for the title of the world’s richest person is heating up.
Elko, Nev., site of the largest gold mine in the world, bears little resemblance to the gold rush town it once was.
"It was like they were having an affair with my wife, and they were giving me a reward for having picked her in the first place,” Ken Wilcox told...
Back in 2011, some of the bank leaders were involved in running jokes about chasing yield—now they don't seem so funny.
Investors are "passively allowing risk to accumulate," JPMorgan Asset Management’s chief global strategist David Kelly told Business Insider.
"They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of Investment Strategy at J.P. Morgan Wealth Management, told Fortune.
ExxonMobil alone produced 6 million tonnes of new single-use plastics in 2021, more than any of its competitors.
“For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.
“The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
“This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune via email.
It's the first Fed rate cut since the COVID lockdown easing that began in March of 2020.
“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Citi...
The famed deputy could be readying himself for tax rates to rise.
Another key indicator is the Misery Index. And right now it’s leaning slightly in Harris’ favor.
“For whatever reasons, markets now exhibit far more casino-like behavior than they did when I was young,” Buffett wrote in his annual letter to...
The national debt situation is so bleak it costs the federal government $3 billion per day just to pay the interest.
"All of Nvidia's competitors have issued grievances with me. I'm not going to name them, but you can imagine who they might be," Moor Insights &...
"I think implicitly...you can make the case that [Buffett] thinks that there aren't that many great opportunities," Madison Investments' Toyama said.
Despite concerns about margins and guidance, Wall Street is mostly convinced the 'AI revolution' is just getting started, and Nvidia remains a buy.
The economic data is difficult to parse, and that means Powell’s speech has become correspondingly more difficult to foretell.
Joachim Klement of Panmure Liberum warns inflation could surge 1.2 percentage points in the first year after Trump's tariff policies begin.
“It’s not different this time,” Mark Spitznagel, co-founder and CIO of the private hedge fund Universa Investments, told Fortune.
"We will perform any necessary rework on airplanes in our production system to ensure they meet all requirements prior to delivery,” a Boeing...
“I think it’s a little bit like wanting to go to the emergency room for a cough,” El-Erian told Fortune.
“[T]his market volatility is mostly a global carry trade unwind and a re-evaluation of the AI hype,” Jim Smigiel, chief investment officer at SEI,...
“I am not concerned that, at this moment, we are in a recession,” Sahm told Fortune, adding that “no one should be in panic mode today, though it...
An immigration clamp down, aggressive tax cuts, and heavy tariffs could lift the U.S. dollar even as Trump tries to fight what he calls a "currency...
“While TSLA is investing heavily in AI and the tech is making progress, investment is costly, pace of improvement may slow and the payoff is long...