Americans are feeling worse about the economy, with confidence diving to a 4-month low

Tech Insider : Economy, Economy
UAW member pickets during union strike at Ford plant in Wayne, Michigan.
The ongoing UAW strike could be one factor that drags on the economy over the fourth quarter, according to Goldman Sachs.

AP Photo/Paul Sancya

Tech stocks have plunged from their 2023 highs, after starting the year on a tear

Tech Insider
People walk near the Nasdaq building in Times Square on January 24, 2023
The Nasdaq Composite has plunged 9% since July with investors fretting about Federal Reserve interest-rate hikes.

(Photo by Eduardo MunozAlvarez/VIEWpress)

The dollar jumps to a fresh high for 2023 as investors bet the Fed's inflation fight is nowhere near over

Tech Insider
US dollar
The US dollar has racked up 10 straight weeks of gains, with investors betting the Federal Reserve will have to hold interest rates at a higher level for longer to crush inflation.

SimpleImages

Nvidia stock is a bubble waiting to burst – and the AI rush may be a modern version of 17th-century tulip mania, note says

Tech Insider
Tulips
Investors' AI rush brings to mind the 17th-century tulip bubble, according to Rebellion Research.

Reuters/Cris Toala Olivares

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

Billionaire investor Bill Gross warns of more pain for bond investors with fixed-income on track for unprecedented 3-year slump

Tech Insider
Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago, Illinois, in this file photo taken June 19, 2014. REUTERS/Jim Young/Files
Bill Gross, co-founder and co-chief investment officer of PIMCO, speaks at the Morningstar Investment Conference in Chicago

Thomson 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.

SAM YEH/AFP via Getty Images

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.

Mario Tama/Getty Images

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.

Getty Images

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