Billionaire investor Bill Ackman says the Fed's fight against inflation may never end due to strikes and soaring gas prices

Tech Insider : Economy, Economy
Bill Ackman
Bill Ackman runs Pershing Square.

Brendan McDermid/Reuters

Nvidia's stock price feels the full September effect, suffering a $180 billion wipeout

Tech Insider
Nvidia
Jensen Huang, CEO of NVIDIA, speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023.

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China is probing hedge funds that profit from its economic misery, report says

Tech Insider
China Chinese Stocks Investor
China is cracking down on hedge funds that short sell its stocks, according to a Reuters report.

REUTERS/China Daily

Sticky inflation and weaker earnings mean stock prices aren't going anywhere, Morgan Stanley strategist says

Tech Insider
frustrated investor
Stock prices will likely trade within a narrow range for the next six to nine months, according to Morgan Stanley Wealth Management.

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Oil is heading for $100 a barrel – and that could spoil everything for the Fed

Tech Insider : Economy, Economy
Oil drilling
Oil prices are nearing $100 a barrel.

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What Jerome Powell says now matters more than what the Fed actually does

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve chair Jerome Powell.

Amber Baesler/AP Photo

BlackRock slashes its rating for Chinese stocks with growth faltering and a bazooka stimulus package looking unlikely

Tech Insider
Busy Shopping Street in Shanghai, China at night
BlackRock cut its rating for Chinese stocks from overweight to neutral on Monday.

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Instacart is set to make its stock-market debut in an IPO that prices shares at $30

Tech Insider
The back of an Instacart shopper who's wearing an Instacart shirt while shopping at Whole Foods.
Instacart is set to make its stock-market debut Tuesday in an IPO valuing the grocery delivery company at $30 a share.

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Foreign investors are shunning Chinese stocks and bonds as Beijing's economic headache builds

Tech Insider
A Chinese flag flying over Shanghai street
A Chinese flag flying over Shanghai.

Liu Liqun/Getty Images

Student loans, strikes, and a government shutdown will all drag on the economy for the rest of 2023, Goldman Sachs warns

Tech Insider : Economy, Economy
Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.
Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.

Matthew Hatcher/AFP via Getty Images

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