Featured
JPMorgan Exits Nickel Saga as Tycoon Shrinks ‘Big Short’
JPMorgan Chase & Co. no longer has any exposure to the nickel bet that rocked global metals markets earlier this year.
Bill Ackman Urges Fed to 'Act Decisively to Kill Inflation'
Hedge fund manager Bill Ackman reiterated recent calls on Twitter Tuesday morning for the Federal Reserve to intervene aggressively.
Recent
It's Not Only the Pinterest CEO — Chief Executive Departures are Surging Again
CEO resignations have persisted in 2022. Around 668 chief executives have left their posts since January, according to Challenger Gray and Christmas.
The Bottom of the Bear Market is Still 10% Away
The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too.
Powell Says Fed Can Avert Recession But Task Getting Tougher
Fed Chair J. Powell said, US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market.
Wall Street’s Great Inflation Trade Is Peaking Across Assets
Tentative victory for a Federal Reserve under constant attack: Inflation bets on Wall Street are cooling from historic highs at long last.