And More October 9, 2022
Recession is “Totally Avoidable” but the Fed Made Two Big Mistakes, Says Top Economist
Top economist Mohamed El-Erian said the Fed “made two big mistakes that I think are going to go down in…
And More October 9, 2022
Employees at Meta are Calling the Firm’s Projects “Make Mark Happy”, The NY Times Reported
Some employees working at Meta are calling critical metaverse projects “make Mark happy” as its CEO Mark Zuckerberg pivots his…
And More October 8, 2022
Soaring US Dollar Is Pushing Other Countries into a “Reverse Currency War”, Goldman FX chief says
The US dollar has soared dramatically this year, surging to 20-year highs against other major currencies and pushing countries into…
And More October 8, 2022
Bitcoin Plunges to $19,300 Following September’s Jobs Report
The crypto market plunged alongside stocks after the highly anticipated jobs report showed the labor market is still problematic for…
And More October 7, 2022
Russia Behaved “Like a Drug Dealer” Over Gas Supplies, says Polish PM Mateusz Morawiecki
The Kremlin behaved “like a drug dealer” regarding Europe’s gas supplies, according to Poland’s Prime Minister Mateusz Morawiecki. “Initially, the…
And More October 7, 2022
“The Fed is Slamming on the Brake Way Too Hard,” Says Wharton Professor Jeremey Siegel
Wharton professor Jeremy Siegel has warned the Federal Reserve is highly aggressive with its monetary policy, creating an extremely high…
And More October 7, 2022
Stocks Plunge Following September’s Jobs Report, Down falls 221 Points
Stock futures plummeted on Friday morning as traders evaluated September’s jobs report, which showed the unemployment rate continuing to fall…
America October 7, 2022
Investors “Should Fight the Fed”, Says Alvine Capital’s Stephen Isaacs
Investors shouldn’t tie their investment decisions to the Federal Reserve’s interest rate hikes, according to Stephen Isaacs, chairman of the…
And More October 7, 2022
Credit Suisse Offers To Buy Back $3 Billion of Debt Securities as it Grapples with Market Turmoil
Credit Suisse offered to buy back up to 3 billion Swiss francs ($3.03 billion) of debt securities Friday as it…
And More October 6, 2022
U.S.-China Tensions Could “Supercharge” The Asian Behemoth’s Tech Innovation
U.S.-China tensions have forced Beijing to become more self-sufficient, which could be an advantageous thing for innovators in China, according…
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