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Warren Buffett waves off Fitch's cut to America's credit rating - and says he's buying Treasuries as normal

Thu, 08/03/2023 - 07:13

Tech Insider

Warren Buffett — Warren Buffett.
Paul Morigi / Stringer / Getty Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Treasuries, US Debt

Billionaire investor Ray Dalio says the 'Great Wealth Transfer' explains the US economy's resilience

Thu, 08/03/2023 - 05:44

Tech Insider : Economy

Ray Dalio — Bridgewater Associates founder Ray Dalio.
Eoin Noonan/Getty Images

economy, MI Exclusive, Stocks, Debt, Government, Federal Reserve, Government Debt

US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade

Wed, 08/02/2023 - 16:06

Tech Insider

trader nyse screens — : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S. House of Representatives, the Dow was lower in morning trading.
Spencer Platt/Getty

Markets, MI Exclusive, Fitch, stock market news, Stocks, Goldman Sachs, Bitcoin

Wall Street starts fretting about US debt again after months of easy stock-market gains

Wed, 08/02/2023 - 10:44

Tech Insider

U.S. Capitol building — Fitch downgraded the US's credit rating Tuesday.
Getty Images

Markets, MI Exclusive, Stocks, Stock Market, Recession, Debt, Fitch Ratings

Mark Zuckerberg and Warren Buffett both love eating McDonald's. Their ties to the fast-food titan go back decades.

Wed, 08/02/2023 - 09:48

Tech Insider

Warren Buffett and Mark Zuckerberg — Warren Buffett and Mark Zuckerberg.
AP Images; Reuters/Robert Galbraith

Markets, MI Exclusive, Stocks, Warren Buffett, Mark Zuckerberg, Billionaires, McDonalds

Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Wed, 08/02/2023 - 09:38

Tech Insider

NYSE — Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector.
Photo by ANGELA WEISS/AFP via Getty Images

Markets, MI Exclusive, stock market news, Stocks, Fitch, Debt, US Debt

The S&P 500 is enjoying one of the best years since 1927, thanks to the AI buzz

Wed, 08/02/2023 - 07:31

Tech Insider

Traders cheer on the floor of the New York Stock Exchange — STAN HONDA/AFP via Getty Images)

Markets, MI Exclusive, S&P 500, Stocks, US Stock Market, US Stock Prices, Artifical Intelligence

Dan Loeb hails AI as a decade-defining technology like the PC and Internet - and says a severe recession looks unlikely

Wed, 08/02/2023 - 06:17

Tech Insider

Daniel Dan Loeb — Dan Loeb.
REUTERS/Steve Marcus

Markets, MI Exclusive, Stocks, AI, Artificial Intelligence, Big Tech, Microsoft

Fitch's US debt-rating downgrade is bad news for stocks. Here's everything you need to know.

Wed, 08/02/2023 - 06:08

Tech Insider

Joe Biden — Fitch slashed the US government's debt-repayment rating Tuesday.
Kevin Dietsch/Getty Images

Markets, MI Exclusive, Stocks, Fitch, Debt Ceiling, Joe Biden, Kevin McCarthy

Uber stock slumps despite first quarterly operating profit ever

Tue, 08/01/2023 - 14:05

Tech Insider

Dara Khosrowshahi Uber — Dara Khosrowshahi, Chief Executive Officer, Uber, speaks onstage during the 2021 Concordia Annual Summit on September 22, 2021 in New York City.
Leigh Vogel/Getty Images

Markets, MI Exclusive, UberX, Uber, Uber Stock, Uber earnings, Dara Khosrowshahi

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