Inflation, rising interest rates, supply-chain woes and a slowing economy will hurt equities, hedge-fund manager Doug Kass says. Hedge fund manager Doug Kass is bearish on stocks, despite the market’s recent rebound. “The odds favor Read more…
Detroit giant GM will deploy the Cadillac Lyriq, a high-end electric SUV, ahead of schedule. How to challenge Tesla’s (TSLA) – Get Tesla Inc Report hegemony in electric vehicles? Most carmakers have been seeking to answer Read more…
Tickets to Super Bowl LVI are officially the most expensive in NFL history. Here’s a historical look at the prices from the past big games. When Super Bowl LVI kicks off Sunday, over 100 million Read more…
It’s been 13 years since Satoshi Nakamoto asked the world to give his e-cash system bitcoin a try. On February 11, 2009, someone going by the name of Satoshi Nakamoto announced that he had developed an Read more…
Nevada drops a major Covid protocol just before the Super Bowl. Sin City seems a little less sinful when you add safety protocols. People visit Las Vegas to have experiences that are perhaps a little Read more…
After a negative quarter, Japan’s economy probably returned to the expansion area in the last three months of 2021, GDP data is expected to show on Monday at 23:50 GMT. While the news could put Read more…
Another scorching hot US inflation print has sent bond markets scrambling to price in aggressive Fed rate increases, but the dollar is trading like inflation has already peaked. Is this a turning point for the Read more…
Cable edged higher on Friday, following better than expected UK GDP data which partially offset negative impact from further rise in US inflation that fueled expectations for possible more radical action from Fed. Fresh advance Read more…
Inflation and central banks continue to set the tone in global financial markets. US inflation for January rose by more than consensus reaching 7.5%, which is the highest level in 40 years. The core inflation Read more…
Markets European stocks gapped lower today. They had some catching up to do with Wall Street, where Fed governor Bullard pounded equities with his aggressive policy comments in European after-market hours. Losses in the EuroStoxx50 Read more…