ubs

Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth

Tech Insider : Economy, Politics, Economy
St. Basil's Cathedral in Moscow, Russia.
The number of Russian millionaires rose by about 56,000 last year, a new report by UBS indicated.

Poca Wander/Getty Images

Meet Shein's typical shopper: The fast-fashion retailer attracts older and more environmentally conscious consumers than you might think

Tech Insider
Chiara Verzella and Giulia Izzo pose in Shein clothes in front of a branded step and repeat.
Influencers Chiara Verzella and Giulia Izzo attend a Shein fashion show in Ibiza, Spain. Shein is valued at $66 billion, and it generated $23 billion in revenue last year.

Xavi Torrent/Getty

UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation

Tech Insider
Dassault's Falcon 7X jet is moved on the tarmac on June 12, 2015 three days before the opening of the International Paris Airshow at Le Bourget.
A Dassault Falcon 7X.

ERIC PIERMONT/AFP via Getty Images

The US economy may be reliving the 'roaring '20s' – and that means growth, inflation, and rates will all stay high, UBS says

Tech Insider : Economy, Economy
People walk in front of the UBS building in Manhattan on June 5, 2023 in New York City.
The US economy could be set for another "roaring '20s," according to UBS.

Eduardo Munoz Alvarez/Getty Images

Favor bonds over stocks – with 10-year Treasurys set to shake off the market meltdown and deliver double-digit returns, UBS says

Tech Insider
bond trader
Investors should load up on bonds rather than stocks, according to UBS.

Scott Olson/Getty Images

Start snapping up AI leaders again because tech stocks' slump has made them undervalued, UBS says

Tech Insider
Nasdaq
Tech stocks' struggles over the past two months have created a buying opportunity for investors, according to UBS.

Getty Images

Real-estate bubble risks are dwindling across the world with higher interest rates taking froth out the market, UBS says

Tech Insider : Economy, Economy
united arab emirates dubai keep calm housing bubble
An advertising sign for a real estate company reading "Keep Calm There's no Bubble" is seen on a building in the Marina district of Dubai November 19, 2013.

REUTERS/Caren Firouz

Wall Street analysts tore down a Chinese Tesla rival and say it's exactly why Elon Musk should be worried about China

Tech Insider
A futuristic, silver sedan drives down a road in front of green trees.
The BYD Seal.

BYD

UBS made a $29 billion quarterly profit after rescuing Credit Suisse

Tech Insider
UBS
UBS is based in Zurich, Switzerland.

Fabrice Coffrini/AFP/Getty Images

UBS to cut 3,000 jobs in Switzerland after Credit Suisse takeover

Tech Insider
UBS
UBS is cutting jobs.

FABRICE COFFRINI/AFP via Getty Images

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