The US is 'playing with fire' as oil reserves plunge to a 40-year low, markets guru Larry McDonald says

Tech Insider : Economy
Biden
President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs at the University of Tampa in Tampa, Fla., on February 9, 2023.

AP Photo/Patrick Semansky

Investors can't get enough US debt as Treasury bills are bought at a record pace

Tech Insider : Economy
The United States Department of the Treasury building.
The United States Department of the Treasury building.

Celal Gunes / Anadolu Agency

Tech drags US stocks lower as Oracle drops and Apple slides after iPhone event

Tech Insider : Crypto
Apple CEO Tim Cook presents at WWDC 2023
Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California.

Justin Sullivan/Getty Images

A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way

Tech Insider
Wall Street NYSE Bull
A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City.

Spencer Platt/Getty Images

One unintended consequence of the unaffordable housing market: Crashing furniture sales

Tech Insider
buying couch sofa furniture shopping
Furniture sales have softened as the housing market grows increasingly unaffordable.

Shutterstock

CHART OF THE DAY: A $5.6 trillion 'mountain of money' will help fuel a year-end rally for the stock market

Tech Insider
Cash levels

Bank of America

The biggest oil deficit since 2007 will hit in the 4th quarter as Saudi Arabia cuts supply

Tech Insider : Economy
oil worker barrels
A worker prepares to transport oil pipelines to be laid for the Pengerang Gas Pipeline Project at an area 40km (24 miles) away from the Pengerang Integrated Petroleum Complex in Pengerang, Johor, Malaysia.

Reuters/Edgar Su

Decentralized cryptocurrency exchanges are awash in fake trades, research report says

Tech Insider
money laundering graphic
Wash trading is a form of market manipulation where a fraudster is essentially trading with themselves.

Vladimir Kazakov/Getty Images

Apple falls as investors monitor the release of the hotly anticipated iPhone 15

Tech Insider
Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference with the announcement of the new Apple Vision Pro mixed reality headset.
Apple CEO Tim Cook.

Justin Sullivan/Getty Images

Investors would have made more money buying the S&P 500 instead of following 'Big Short' investor Michael Burry's tweet warnings, an expert says

Tech Insider
Michael Burry big short
Michael Burry attends the "The Big Short" New York premiere at Ziegfeld Theater on November 23, 2015 in New York City.

Jim Spellman/Getty Images

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