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A trader works on the floor of the New York Stock Exchange, August 21, 2023.
Finance
The Fed’s favorite inflation gauge rose last month—here’s why some economists say it’s misleading and won’t lead to more interest rate hikes
By Will DanielAugust 31, 2023
Warren Buffett
Finance
Warren Buffett just turned 93. From ‘cigar butt’ investing to buying ‘wonderful businesses,’ here’s how he led a 3,787,464% return at Berkshire Hathaway
By Will DanielAugust 30, 2023
Just as China faces a Japan-style ‘lost decade,’ Japan thinks it’s near a ‘turning point’ in decades-long deflation battle
Finance
Just as China faces a Japan-style ‘lost decade,’ Japan thinks it’s near a ‘turning point’ in decades-long deflation battle
By Will DanielAugust 29, 2023
Wang Wentao
Finance
Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence
By Will DanielAugust 28, 2023
China’s $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally
Finance
China’s $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally
By Will DanielAugust 26, 2023
6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?
Economy
6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?
By Will DanielAugust 24, 2023
A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom
Finance
A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom
By Will DanielAugust 23, 2023
Man sitting looking at a computer screen
Finance
The experience-hungry American consumer is already crashing the economy into a ‘rolling recession,’ Oxford Economics says
By Will DanielAugust 22, 2023
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
Finance
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
By Will DanielAugust 18, 2023
Doug McMillon
Retail
Walmart crushes expectations, raises outlook and has a message about the economy: ‘Jobs, wages, and pockets of disinflation are helping our customers’
By Brendan Case and BloombergAugust 17, 2023
Taylor Swift
Retail
Target explains its first sales drop in 6 years with a Taylor Swift excuse: ‘Guests are out at concerts. They’re going to movies’
By Anne D'Innocenzio and The Associated PressAugust 17, 2023
The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech
Finance
The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech
By Chloe TaylorAugust 16, 2023
David B. Burritt
Finance
Industrial sector jolted as U.S. Steel rejects ‘unreasonable’ $7.25 billion bid from archrival Cleveland-Cliffs
By Joe Deaux and BloombergAugust 13, 2023
It’s only ‘halftime of this new tech bull market’—expect the sector to soar as much as 15% by year-end, top analyst Dan Ives says
Finance
It’s only ‘halftime of this new tech bull market’—expect the sector to soar as much as 15% by year-end, top analyst Dan Ives says
By Will DanielAugust 11, 2023
Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’
Finance
Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’
By Will DanielAugust 10, 2023
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Middle East
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Success
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