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FinanceThe experience-hungry American consumer is already crashing the economy into a ‘rolling recession,’ Oxford Economics says
By Will DanielAugust 22, 2023
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
FinanceLegendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
By Will DanielAugust 18, 2023
Doug McMillon
RetailWalmart 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 BloombergAugust 17, 2023
Taylor Swift
RetailTarget 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 PressAugust 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
FinanceThe 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 Chloe TaylorAugust 16, 2023
David B. Burritt
FinanceIndustrial sector jolted as U.S. Steel rejects ‘unreasonable’ $7.25 billion bid from archrival Cleveland-Cliffs
By Joe Deaux and BloombergAugust 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
FinanceIt’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 Will DanielAugust 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’
FinanceMorgan 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 Will DanielAugust 10, 2023
Adam Neumann
FinanceFrom $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a ‘going concern’ warning
By Will DanielAugust 9, 2023
Sony headquarters
FinanceSony profit slips as it admits to delaying movie, TV series release dates because of Hollywood strikes
By Yuri Kageyama and The Associated PressAugust 9, 2023
Matteo Salvini
FinanceReeling 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 BloombergAugust 8, 2023
Mike Wilson speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Aug. 22, 2017.
FinanceWall Street’s top strategist warns ‘excessive’ government spending could be fueling a ‘boom-bust’ scenario in the stock market
By Chloe TaylorAugust 8, 2023
Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
FinanceOver $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
By Will DanielAugust 7, 2023
S&P 500 companies are beating analysts’ earnings estimates—but  investors should ‘avoid chasing this recent market rally,’ wealth managers argue
FinanceS&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue
By Will DanielAugust 7, 2023
Amin Nasser, President and CEO of Saudi Aramco, speaks during a press conference in the eastern Saudi Arabian region of Dhahran on November 3, 2019.
FinanceThe world’s third-biggest company just saw its profits plummet 38%—but still paid shareholders $19.5 billion in dividends
By Chloe TaylorAugust 7, 2023
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