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Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023

Thu, 07/20/2023 - 14:12

Tech Insider : Politics

Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023 — Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023
Sputnik/Sergei Karpukhin/Pool via REUTERS

Markets, MI Exclusive, China, Russia, russia economy, Chinese, barrels

Tesla's Full Self-Driving feature could add $20 billion a year in revenue, Gene Munster says

Thu, 07/20/2023 - 14:01

Tech Insider

tesla elon musk — Elon Musk, CEO of Tesla Motors, waves during a news conference to mark the company's delivery of the first batch of electric cars to Chinese customers in Beijing April 22, 2014.
REUTERS/Stringer

Markets, MI Exclusive, tesla, Tesla stock price, TSLA earnings, Elon Musk, Tesla Full Self Driving

David Rubenstein says there's only one solution to US debt - inflation

Thu, 07/20/2023 - 13:25

Tech Insider : Economy

David Rubenstein — Fred Prouser/Reuters

economy, Markets, MI Exclusive, David Rubenstein, Inflation, US Debt, Default

US homes sales were the lowest in 14 years last month as inventory dries up

Thu, 07/20/2023 - 13:14

Tech Insider

home for sale — Joe Raedle/Getty Images

Markets, MI Exclusive, us housing market, housing inventory, housing supply shortage, Home sales, us home sales

The Fed needs to cut interest rates, not raise them, if it wants to tame inflation back to 2%, CIO says

Thu, 07/20/2023 - 12:49

Tech Insider : Economy

Barry Ritholtz — Barry Ritholtz, CIO of Ritholtz Wealth Management, speaks at the Reuters Investment Outlook Summit in New York June 7, 2010.
REUTERS/Brendan McDermid

economy, Markets, MI Exclusive, Inflation, Federal Reserve, Interest Rates, Monetary Policy

Markets are cheering falling inflation. Experts say be careful what you wish for.

Thu, 07/20/2023 - 12:47

Tech Insider : Economy

Traders New York Stock Exchange — Spencer Platt/Getty Images

Markets, MI Exclusive, economy, CPI, Consumers, Producers, Inflation

China's growth model is no longer suited to the global economy, Mohamed El-Erian says

Thu, 07/20/2023 - 12:27

Tech Insider : Economy

Xi Jinping — Chinese President Xi Jinping
Reuters/Pool

economy, Markets, MI Exclusive, China, China Economy, Mohamed El-Erian, Emerging Markets

'Something very strange' explains why a US recession has been delayed

Thu, 07/20/2023 - 10:42

Tech Insider : Economy

Confused business man — Hiring managers are reckoning with Gen Z's push for work-life balance
Denis Novikov/Getty Images

Markets, MI Exclusive, Stock Market, economy, Recession, economy outlook, Stock Market Outlook

Stability AI cofounder dumped his entire stake for a mere $100 just months before company hit a $1 billion valuation

Thu, 07/20/2023 - 10:03

Tech Insider

Stability AI founder Emad Mostaque — Stability AI founder Emad Mostaque
Courtesy of Stability AI

Markets, MI Exclusive, Stability AI, Tech, Tech Rally, tech stock rally, Artificial Intelligence

Dow eyes 9-day win streak as US stocks trade mixed after Tesla, Netflix earnings

Thu, 07/20/2023 - 09:33

Tech Insider

An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City. — An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City.
Drew Angerer/Getty Images

Markets, MI Exclusive, daily market wrap, Markets Wrap, Stock market news today, stock market news, Stock Market

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