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$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
While she has recently warned of the dangers that the “crisis of the American male” poses to the economy and the housing market, the CEO of Meredith Whitney Advisory Group hig
Stock-market bulls face test as consumers start to show signs of stress
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks.
Which Companies Are Winning and Losing as Inflation Reignites?
Key Takeaways Earnings reports from McDonald’s and Starbucks showed consumers may be starting to feel the pressure of high prices.DoorDash also felt the pressure of higher restaurant prices, but it
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.
NYC’s Adams Vows to Protect Graduations as LAPD Shuts USC Camp
New York Mayor Eric Adams pledged to ensure that this year’s graduation ceremonies in the city won’t be disrupted by violent protests over the war in Gaza, saying no one should be allowed to threaten
Berkshire Hathaway event spotlights Buffett’s successor, but also raises new questions
Succession was clearly top of mind for many of the thousands of people who filled an Omaha arena to listen to the two men after last fall’s death of Vice Chairman Charlie Munger.
The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think that's exactly what's playing out now."
Xi Arrives in Paris to Begin Europe Tour as Trade Tensions Rise
Chinese President Xi Jinping arrived in France to begin a three-nation swing through Europe designed to bolster ties, even as trade tensions mount.
Disney, Uber, Occidental, Palantir, Airbnb, and More Stocks to Watch This Week
Earnings season continues with results from BioNTech, Palantir, Ferrari, NRG Energy, Occidental, Walt Disney, and more.
Qantas Pays A$100 Million Fine to Settle Ghost Flight Claims
Qantas Airways Ltd. agreed to pay a A$100 million ($66 million) penalty and compensate tens of thousands of passengers to resolve claims the airline continued to sell tickets on flights it had
Dollar steady after soft US jobs report; yen starts week on back foot
The dollar was broadly steady on Monday as a soft U.S. jobs report boosted wagers that the Federal Reserve may still cut rates twice this year, while the yen was a tad weaker to start the week. The ye
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures
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