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China’s $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally
Finance

China’s $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally

By
August 26, 2023
6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?

6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?

By
August 24, 2023
A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom
Finance

A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom

By
August 23, 2023
Man sitting looking at a computer screen
Finance

The experience-hungry American consumer is already crashing the economy into a ‘rolling recession,’ Oxford Economics says

By
August 22, 2023
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
Finance

Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’

By
August 18, 2023
Doug McMillon
Retail

Walmart crushes expectations, raises outlook and has a message about the economy: ‘Jobs, wages, and pockets of disinflation are helping our customers’

By Brendan Case and Bloomberg
August 17, 2023
Taylor Swift
Retail

Target explains its first sales drop in 6 years with a Taylor Swift excuse: ‘Guests are out at concerts. They’re going to movies’

By Anne D'Innocenzio and The Associated Press
August 17, 2023
The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech
Finance

The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech

By
August 16, 2023
David B. Burritt
Finance

Industrial sector jolted as U.S. Steel rejects ‘unreasonable’ $7.25 billion bid from archrival Cleveland-Cliffs

By Joe Deaux and Bloomberg
August 13, 2023
It’s only ‘halftime of this new tech bull market’—expect the sector to soar as much as 15% by year-end, top analyst Dan Ives says
Finance

It’s only ‘halftime of this new tech bull market’—expect the sector to soar as much as 15% by year-end, top analyst Dan Ives says

By
August 11, 2023
Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’
Finance

Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’

By
August 10, 2023
Adam Neumann
Finance

From $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a ‘going concern’ warning

By
August 9, 2023
Sony headquarters
Finance

Sony profit slips as it admits to delaying movie, TV series release dates because of Hollywood strikes

By Yuri Kageyama and The Associated Press
August 9, 2023
Matteo Salvini
Finance

Reeling Italian markets wipe out $10 billion from bank stocks after shocking windfall tax pushed through by right-wing government

By Sonia Sirletti, Alessandra Migliaccio, Chiara Remondini and Bloomberg
August 8, 2023
Mike Wilson speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Aug. 22, 2017.
Finance

Wall Street’s top strategist warns ‘excessive’ government spending could be fueling a ‘boom-bust’ scenario in the stock market

By
August 8, 2023

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