Citadel boss Ken Griffin warns a recession is looming - as household savings dwindle and surging interest rates bite

Tech Insider
Ken Griffin
Ken Griffin.

Screenshot YouTube/Milken Institute

US stocks rise as job gains come in strong and markets brace for Powell's 2nd day of testimony

Tech Insider

nyse trader fed reserve

REUTERS/Brendan McDermid

The risk of a stock-market crash just shot up after Fed boss Powell signaled bigger rate hikes, Mohamed El-Erian says

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Mohamed El-Erian
Top economist Mohamed El-Erian has warned of heightening risk of a stock market crash.

Shannon Stapleton/Reuters

Warren Buffett's Berkshire Hathaway snaps up $355 million of Occidental stock, boosting its stake in the energy giant to over 22%

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warren buffett
Warren Buffett.

Reuters/Shannon Stapleton

Adidas will slash its dividends as the split with Kanye West's Yeezy looks set to wipe out $1.3 billion in earnings

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Kanye West and Adidas
Adidas has warned it could lose $1.3 billion after severing ties with 'Yeezy' designer Ye.

GC Images; Getty Images

The US housing market is in recession - and the pandemic has created a unique economic headache, elite strategist Liz Ann Sonders says

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Liz Ann sonders
Liz Ann Sonders.

Screenshot via Bloomberg TV

Markets are pricing in higher odds of a bigger Fed rate hike this month as Powell delivers hawkish testimony and key bond yields top highest level since 2007

Tech Insider : Economy
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on March 7.

AP Photo/Andrew Harnik

US stocks will soon beat European peers again as hotter inflation means the region is heading into more aggressive rate hikes, BlackRock says

Tech Insider : Economy
Christine Lagarde, President of the European Central Bank or ECB
ECB President Christine Lagarde.

Pool/Getty Images

Brace for US stocks to crash again – their extreme valuations echo the 2022 bear market, Morgan Stanley strategists warn

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stock market crash
There could be another crash coming for stocks, Morgan Stanley has warned.

Spencer Platt/Getty Images

Salesforce CEO Marc Benioff is bracing for a brutal recession - and says he was blindsided by the market chaos last year

Tech Insider
Salesforce founder Marc Benioff, wearing a sports coat jacket and in front of a blue background on a stage, extends his hands forward during a talk.
Marc Benioff.

NICHOLAS KAMM/AFP via Getty Images

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