Cathie Wood Offloads Nvidia Ahead of Third-Quarter Earnings Cathie Wood is once again offloading shares in her long-time favorite Nvidia Corp., as a slight rebound emerged ahead of the company’s earnings.
Strong Dollar Seen Hurting US Outlook and Even Tilting Fed Path A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve raises rates.
Fed Seen Aggressively Hiking to 5%, Triggering Global Recession Fed will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023.
Texas Natural Gas Drops Toward Zero as Output Swamps Pipelines Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks.
Goldman Shakes Up Leadership Ranks in Yet Another Overhaul David Solomon embarking on third major reorganization in just four years as CEO, undoing some of signature moves he made as recently as 2020.