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Nobel economist Paul Krugman takes a jab at Elon Musk and says dollar dominance isn't worth much to America.

Wed, 05/03/2023 - 10:34

Tech Insider

Paul Krugman — Nobel economist Paul Krugman.
Brendan McDermid/Reuters

Markets, MI Exclusive, Currency, Paul Krugman, Dollar dominance, Chinese yuan, Elon Musk

Oil prices slide as markets worry about a recession ahead of expected rate hike from the Fed

Wed, 05/03/2023 - 10:05

Tech Insider

Gas prices, oil prices, gas station — Oil prices have shot up this year already, causing pain at the pumps.
Rogelio V. Solis/AP

Markets, MI Exclusive, oil prices, wti oil, recession risk, recession 2023, Fed rate hike

Russian gold is now flooding the UAE, Turkey and Hong Kong after facing sanctions in the West

Wed, 05/03/2023 - 09:48

Tech Insider

putin gold — Vladimir Putin.
REUTERS/Alexsey Druginyn

Markets, MI Exclusive, Putin, Gold, Russia, russia economy, Exports

Bitcoin's 73% rally is fueling optimism the crypto winter is ending. Here are fresh forecasts on the token from StanChart, Matrixport and others.

Wed, 05/03/2023 - 09:48

Tech Insider

Bitcoin — Bitcoin.
Getty Images

Markets, MI Exclusive, Cryptos, Cryptocurrencies, Bitcoin, Ray Dalio, Chamath Palihapitiya

Here are 3 reasons why the Fed will deliver its final rate hike today, and what that means for the stock market

Wed, 05/03/2023 - 09:47

Tech Insider

trader nyse — Reuters

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, Analyst Note, Federal Reserve

US stocks rise as markets prepare for Fed's next policy decision

Wed, 05/03/2023 - 09:38

Tech Insider

Traders work on the floor of the New York Stock Exchange — Traders work on the floor of the New York Stock Exchange
Spencer Platt/Getty Images

Markets, MI Exclusive, stock market news, Stock Market Outlook, Stocks, Bonds, Inflation

Loews CEO James Tisch uses a famous Warren Buffett quote to explain the banking fiasco - and warns more lenders may get into trouble.

Wed, 05/03/2023 - 08:03

Tech Insider

warren buffett — Warren Buffett.
AP Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Banking Crisis, Bank failures

Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report

Wed, 05/03/2023 - 06:45

Tech Insider

Bill Ackman — Bill Ackman jabbed at his old rival Carl Icahn Tuesday after Hindenburg released a bombshell report attacking the billionaire investor's business empire.
Mike Blake/ Reuters

Markets, MI Exclusive, Stocks, Bill Ackman, Carl Icahn, hindenburg research, Stock Market Analysis

The Fed is 'tone deaf' if it hikes interest rates when a debt default and banking crisis are looming, top economist David Rosenberg says

Wed, 05/03/2023 - 06:09

Tech Insider

David Rosenberg — David Rosenberg.
Gluskin Sheff

Markets, MI Exclusive, Inflation, the federal reserve, Federal Reserve, Central Bank, CPI

The Fed's war on inflation might still not be over despite its year of rapid tightening, Bridgewater co-CIO says

Wed, 05/03/2023 - 05:52

Tech Insider

fed — The Federal Reserve is widely expected to raise interest rates for a 10th consecutive time on Wednesday.
AP Photo/Susan Walsh

Markets, MI Exclusive, Stocks, Bridgewater Associates, Federal Reserve, Stock Market Analysis, Stock Market Outlook

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