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Taylor Swift and Beyoncé won't prop up the US economy much longer, with Americans' COVID-era savings running dry

Mon, 11/06/2023 - 10:02

Tech Insider : Economy, Economy

Taylor Swift performs onstage for the opening night of — Taylor Swift performing onstage in Glendale, Arizona on the opening night of "The Eras Tour".
Kevin Winter/Getty Images

economy, economy, Growth, us-economy-and-markets, taylor-swift, Beyonce, Barbenheimer

China suffers its first foreign investment deficit as US tensions and anti-spying laws spark a western exodus

Mon, 11/06/2023 - 05:07

Tech Insider : Economy, Economy

A Chinese flag flying over Shanghai street — China posted its first quarterly foreign investment deficit Friday.
Liu Liqun/Getty Images

economy, economy, China, china-economy, china-economy-and-markets, china-real-estate-market, foreign-direct-investment

Ozempic and other weight-loss drugs will power the anti-obesity market to 16-fold gains by 2030, Goldman Sachs says

Sat, 11/04/2023 - 07:14

Ozempic box — Weight-loss drugs could fuel huge gains for the anti-obesity market, according to Goldman Sachs.
Getty Images

Markets, mi-exclusive, Markets, Stocks, goldman-sachs, Ozempic, obesity

All the signs are pointing to a recession that'll cost Americans their jobs, veteran bond investor Jeff Gundlach says: 'Layoffs are coming'

Thu, 11/02/2023 - 06:12

Tech Insider : Economy, Economy

Jeff Gundlach — DoubleLine Capital founder Jeffrey Gundlach.
Matt Winkelmeyer/Getty Images

economy, Markets, economy, Markets, Bonds, jeffrey-gundlach, Unemployment

The heir to Red Bull is Europe's richest millennial – and just banked another $615 million

Wed, 11/01/2023 - 09:14

Mark Mateschitz — Mark Mateschitz inherited a 49% stake in Red Bull from his late father.
Mark Thompson/Getty Images

Markets, mi-exclusive, Markets, Stocks, red-bull, red-bull-racing, F1

WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say

Wed, 11/01/2023 - 07:14

WeWork — WeWork's stock price has plummeted over 99% since it made its stock-market debut in March 2021.
Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images

Markets, mi-exclusive, Markets, Stocks, WeWork, Bankruptcy, stock-market-analysis

CEOs should tell more jokes on earnings calls – stocks tend to perform better when they do, study finds

Tue, 10/31/2023 - 08:10

Happy Traders — Listed companies' shares tend to perform better when their CEOs tell jokes on earnings calls, according to a paper published in February.
Reuters/Carlo Allegri

Markets, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook, stock-market-strategy

The worst bond-market rout in history is a grave threat to stock prices, hedge fund CIO warns

Mon, 10/30/2023 - 08:29

David Neuhauser — Livermore Partners CIO David Neuhauser.
YouTube, David Neuhauser, TD Ameritrade Network

Markets, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook, stock-market-strategy

Ford, Bank of America, and Morgan Stanley are among the 120 S&P 500 stocks that have plunged over 20% since the end of July

Mon, 10/30/2023 - 06:36

FILE - In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. Stocks of companies that do lots of business with China are obvious targets to sell when trade worries rise, and they’ve lagged sharply behind the rest of the market whenever President Donald Trump sends out a tariff tweet.

Markets, mi-exclusive, Markets, Stocks, sp-500, Ford, bank-of-america

The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.

Sat, 10/28/2023 - 05:45

Tech Insider : Economy

President Joe Biden speaks on student debt relief in the Roosevelt Room of the White House, August 24, 2022. — US President Joe Biden discussing student debt relief at the White House in August 2023.
Alex Wong/Getty Images

Markets, economy, mi-exclusive, Markets, bond-market-crash, bond-yields, Bonds

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