Powell's Fed may be remembered not for conquering inflation but for undermining its own credibility, Mohamed El-Erian says

Tech Insider
Jerome Powell at the July 2022 FOMC press conference.
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on July 27, 2022

Liu Jie/Xinhua/Getty Images

Bank stocks continue to sink and that shows the turmoil hasn't faded yet, Jim Bianco says

Tech Insider
Jim Bianco is holding is hand up in front of his face.
Jim Bianco, head of Bianco Research LLC, speaks at the Reuters Investment Outlook Summit in New York December 11, 2007.

Reuters

There's a risk the Fed fuels an economic slump as a credit crunch will worsen the impact of its war on inflation, KPMG's chief economist says

Tech Insider
Powell
There's a risk the Federal Reserve's war on inflation makes a potential US economic slump worse, KPMG's chief economist Diane Swonk has warned.

Reuters/Joshua Roberts

Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.

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Warren Buffett
Warren Buffett.

Carlos Barria / Reuters

The bond market is flashing a storm warning for the US economy, says Wall Street analyst Jim Bianco

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NYSE traders
Traders work on the floor of the New York Stock Exchange.

Spencer Platt/Getty Images

Goldman Sachs was fined $3 million after it mixed up millions of 'short' sale orders as 'long.' The culprit was one missing line of code.

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Goldman Sachs
Goldman Sachs was fined $3 million by industry-backed regulator Finra.

AP

Tech stocks' big rally isn't likely to fizzle out anytime soon, LPL Financial says

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nasdaq
The tech-heavy Nasdaq Composite has jumped just under 15% year-to-date.

Brendan McDermid/Reuters

Hedge fund billionaire Chase Coleman says buy mega-cap tech stocks as the sector is looking more attractive thanks to emerging areas like AI

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Chase Coleman

Business Insider/ Mike Nudelman

US stocks end mixed as soft jobs data revives fears of a looming recession

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Stock Trader

Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Commercial real estate loan defaults will rise in a credit crunch but a crisis like 2008 is unlikely, says UBS

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The downtown Los Angeles skyline is seen with a clear sky from the 110 freeway. REUTERS/Lucy Nicholson
The downtown Los Angeles skyline is seen from the 110 freeway in Los Angeles

Thomson Reuters

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