Billionaire investor Bill Ackman is no longer betting against US Treasurys, citing too much risk in the world

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Bill Ackman

Bryan Bedder/Getty Images/The New York Times

The S&P 500 is poised for a 14% rally as stocks are flashing signs of being oversold, strategist says

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stock market traders
Piper Sandler's Craig Johnson reiterated his price target of 4,850 for the S&P 500 by the end of 2023.

REUTERS/Lucas Jackson

Kenya's currency is about to notch its 29th consecutive month of declines

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kenya
A Maasai family talk after voting in Lele, 130 km (80 miles) south of Nairobi, Kenya, Tuesday, Aug. 8, 2017.

Jerome Delay/AP

Capital is leaving China at the fastest pace in more than 7 years, sending the yuan lower

Tech Insider : Economy
Yuan
A clerk counts 100 Chinese yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province April 20, 2015.

REUTERS/Stringer

Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market

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Rows of suburban homes in Ocala, Florida
Ocala, Florida

Michael Warren/Getty Images

US stocks tumble as 10-year Treasury yield hits 5% for first time since 2007

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trader worried

Don Emmert /AFP/GettyImages

'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

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Workers at big tech companies like Apple (left), Amazon, and Meta may be leaving after two years because of workplace dissatisfaction.
The so-called Magnificent 7 stocks comprise the biggest US tech names, including Apple, Amazon, and Microsoft.

Gabe Ginsberg/SOPA Images/LightRocket via Getty Images; Tony Avelar/AP

Ten-year Treasury yields jump above 5% for the first time since the 2008 financial crisis as the bond-market rout drags on

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wall street
10-year Treasury bond yields passed 5% for the first time since 2007 Monday.

Lucky-photographer/Shutterstock

'Rich Dad Poor Dad' author echoes Warren Buffett's signature warning against trying to time the market

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Robert Kiyosaki.
Robert Kiyosaki.

Matt Carasella/Patrick McMullan/Getty Images

Tesla's stock just had its worst week of 2023, plunging 16% on Elon Musk's earnings-call nightmare

Tech Insider
Elon Musk.
Tesla CEO Elon Musk.

Chesnot via Getty Images

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