Adani says it will repay over $1 billion in debt ahead of schedule in a bid to halt stock-market rout

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Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023.
A painting of Indian businessman Gautam Adani.

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Jobs numbers are so high that the Fed won't support stocks by cutting rates until 2024, Goldman Sachs chief economist says

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The US economy added 517,000 payrolls in January, according to Friday's jobs report.

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Paul Krugman says not to worry about the dollar weakening despite recent challenges to its dominance

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Nobel-winning economist Paul Krugman.

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Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says

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Founder and chairman Of Adani Group, Gautam Adani.
Gautam Adani, founder and chairman of Adani Group.

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Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy's holdings shed $1.3 billion in value last year

Tech Insider : Crypto
Michael Saylor
MicroStrategy executive chairman Michael Saylor.

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The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

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ECB
The European Central Bank raised interest rates by 50 basis points Thursday as it continues its battle against inflation.

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The massive ChatGPT craze has reached Asia, lifting some Chinese AI stocks up to 60% in just a few weeks

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Hand holding ChatGPT open on a smartphone in front of futuristic backdrop of black and white numbers and the outline of a head filled with a star map
China's stock market appears to be buying into the ChatGPT hype, with local AI stocks flourishing.

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Investors are still stuck on hoping for Fed rate cuts but the focus will turn to earnings gloom, Morgan Stanley's top strategist says

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Markets are hooked on the "heroin" of potential Federal Reserve interest rate cuts, according to Morgan Stanley's chief US equity strategist Mike Wilson.

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Elon Musk's 'funding secured' tweet cost investors $12 billion over 10 days, jury reportedly told

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Tesla has slashed prices in a bid to sell more cars.
Musk is being sued by Tesla investors who claim they lost out after his cryptic 2018 tweet.

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The US economy is doing better than markets are pricing in so it could well avoid a recession, top strategists say

Tech Insider : Economy
US recession

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