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The world's wealthiest families got $1.5 trillion richer in 2023, with Hermès' owners and the rulers of Abu Dhabi leading the way

Fri, 12/08/2023 - 05:18

Tech Insider : Economy, Economy

hermes — The owners of French luxury fashion house Hermès added $56 billion worth of wealth in 2023, according to Bloomberg.
Kate Taylor

economy, economy, Wealth, richest-families, UAE, abu-dhabi, the-waltons

Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker

Thu, 12/07/2023 - 07:43

Elon Musk smiles and puts his hands together while wearing a suit in front of a black backdrop with white logos — Tesla CEO Elon Musk.
REUTERS/Gonzalo Fuentes/File Photo

Markets, Transportation, mi-exclusive, Markets, Stocks, Transportation, tesla

President RFK Jr. and an AI deepfake security crisis headline Saxo Bank's 8 outrageous predictions for 2024

Tue, 12/05/2023 - 10:44

Tech Insider : Economy

RFK Jr — Robert F. Kennedy Jr.
Sean Gallup/Getty Images

Markets, economy, mi-exclusive, Markets, Stocks, saxo-bank, stock-market-analysis

China's battered economy suffers another blow as Moody's slashes its credit outlook

Tue, 12/05/2023 - 04:51

Tech Insider : Economy, Economy

China's President Xi Jinping — China's President Xi Jinping.
Lintao Zhang

economy, Markets, economy, Markets, Bonds, China, china-economy

Charlie Munger was still a master of the one-liner in his 90s, calling crypto 'venereal disease' and AI overhyped

Wed, 11/29/2023 - 05:28

Charlie Munger — Charlie Munger died Tuesday, aged 99.
Mark Peterson/Corbis via Getty Images

Markets, finance, mi-exclusive, Markets, Stocks, charlie-munger, warren-buffett

Beijing is reportedly blocking big shareholders from selling stocks in a bid to sustain a market rally

Mon, 11/27/2023 - 05:33

Beijing Stock Exchange — Workers install the nameplate of the Beijing Stock Exchange.
Andy Wong/AP

Markets, mi-exclusive, Markets, Stocks, China, Beijing, beijing-stock-exchange

What are zero-day options? Here's how they're taking over a key corner of the stock market and why they could pose a big risk.

Sun, 11/26/2023 - 09:00

Bull and bear figurines with stock market overlay — 2023's bear market will test the many digital health startups strapped for cash.
peterschreiber.media/Getty Images

Markets, mi-exclusive, stock-market, Options, Trading, finance, Investing

This legendary market forecaster has warned of a stock-market crash and a recession for years. Here are Gary Shilling's 14 best X posts since the pandemic.

Sun, 11/26/2023 - 06:30

gary shilling — Gary Shilling.
Bloomberg

Markets, mi-exclusive, Markets, Stocks, gary-shilling, a-gary-shilling-company, stock-market-outlook

Sam Altman's return to OpenAI means he joins Steve Jobs and Jack Dorsey on a list of CEOs who left companies they founded – then eventually came back.

Sun, 11/26/2023 - 05:00

Sam Altman — Sam Altman was forced out as the CEO of OpenAI on Friday, setting into motion a weekend of chaos for the company.
Jack Guez/AFP via Getty Images

Tech Insider, Markets, tech-insider, Markets, sam-altman, OpenAI, Tech

The S&P 500 will jump to a new record high of 5,000 next year, RBC says, joining bullish outlooks on 2024

Sat, 11/25/2023 - 08:30

Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. — Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.
Spencer Platt/Getty Images

Markets, mi-exclusive, stock-market-outlook, stock-markets, s-p500, 2024-market-outlook, business-holiday-save-2023

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