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Tech Is Doing Everything Right And Getting Left Behind
It used to be the case that a powerful showing from the biggest tech companies could override whatever else was going on in the world.
Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter
Jamie Dimon says a resilient US economy is still threatened by the Iran war, a looming credit cycle, ongoing trade negotiations, amongst other things.
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A Brainard Fed May Mean Lower for Longer: Wall Street Reacts
Uncertainty looms that Powell -- long thought to be heading for reappointment -- will win another four years when his current term ends in February.
Inflation is a Now Big Problem for Biden
Overall inflation hit 6.2% in October, the highest level of price hikes in 31 years. Indication rising prices are becoming a permanent feature.
Scammer Who Cheated Buffett’s Berkshire of $340 Million Gets 30 Years for Ponzi Scheme
The co-owner of a California-based solar company was sentenced to 30 years in prison for running a $1 billion Ponzi scheme.
Larry Summers Says Markets Braced for Stagnation and ‘Japanization’
Summers said global financial markets appear to be anticipating slow growth and low real interest rates for the next few years.