Ed Yardeni says the US economy transitions from 'rolling recovery' to a 'rolling recession'
7/19/2023Epiq Bankruptcy says close to 3,000 firms declared bankruptcy in the past six months
7/18/2023UK GDP toppled by UK debt for the first time in 60 years
7/14/2023Goldman Sachs believes that in 2075, India will surpass the US as the world's second-largest economy
7/10/2023New survey shows the majority of investors believe there won't be a recession in 2023
7/3/2023UK debt exceeds its economy, reaching 100.1% of GDP for the first time since 1961
6/26/2023Bank of America strategist says she's most bullish in the last decade
6/22/2023Compound Capital Advisor founder says Microsoft, Apple, Google, and Amazon revenue hit $1.4 trillion in the last 12 months
5/8/2023Bank of England Chief Economist Huw Pill said British people "need to accept" they are poorer now
5/3/2023China and India helped bring Russia's crude oil shipments to return to pre-war levels
4/28/2023Longview Economics' Chris Watling says a recession is coming
4/28/2023The share of US adults that say they or someone within their household owns or leases an EV sits at just 8%
4/24/2023Almost 60% of Americans 45 and older expect their retirement savings to reach less than $500,000
4/21/2023Marianne Williamson says the top 1% of Americans accumulated $50 trillion in wealth transfer from the bottom 90% over the last 48 years
4/20/202370% of Americans say they are financially stressed, with over half of US adults saying their stress has increased since before the pandemic
4/19/2023Millennial renters need to save 50% more than homeowners to retire
4/19/20234/10 people are prioritizing buying dog food by cutting back on groceries
4/18/2023Poland and Hungary decide to ban the importation of Ukraine products like grain and food
4/17/2023Sales of multi-tenant apartment buildings dropped 74%, reaching a new record since 2009
4/14/2023Moneywise compared gold vs. the US dollar's purchasing power, finding the latter losing 98% of its power since 1971
4/14/2023The richest 1% owns two-thirds of the new wealth created, owning more than the other 99% of Americans
4/14/2023Blackrock expects Americans to have to live with higher prices for years
4/14/2023Outstanding US debt totaling $384 billion in the first six months of 2023
4/13/2023Bank of America clients pulled out $2.3 billion from the equities market for the second consecutive week
4/12/202353% of Americans don't have emergency savings, with 1/4 of them only having $5,000
4/12/202370% of parents are helping their adult children (18 and up) by sacrificing savings
4/11/2023Samsung's operating profit dropped over 95% for the three months ending in March, resulting in the lowest profit output since 2009
4/7/2023Small businesses bankruptcy rate beats peak pandemic levels
4/5/20232023 tech layoffs surpassed 2022 numbers
4/4/2023Median first-time buyer age reached 36 in 2022 from 29 in 1981, per NAR
3/31/2023Kevin O'Leary warns of 'oligopoly' of large institutions with Fed backing, saying the demise of regional banks has started
3/30/2023Michael Burry changes opinion: 'I was wrong to say sell.'
3/30/2023China completes the first LNG trade (worth 65,000 tonnes) settled in Yuan
3/29/2023Cash buyers for homes rose closer to 2013 heights
3/28/2023Millennial debt reached $4 trillion after increasing by 27% from 2019
3/28/202330-year mortgage rates drop from 6.6% to 6.42% after the second straight week of decline
3/24/2023DoubleLine founder Jeffrey Gundlach says Feds would cut rates soon
3/24/2023Former White House advisor Gary Cohn: 'The Fed has lost control'
3/24/2023FTX lawyers cost the disgraced crypto firm $38 million for Jan alone, with new CEO John Ray III billing $305,565 for Feb
3/23/2023Bank of England tries to fight against inflation by raising interest rates by a quarter percentage to 4.25%, its highest since 2008
3/23/2023Elizabeth Warren explains skepticism of a system that keeps student loan borrowers struggling while bailing out billion-dollar crypto firms
3/23/2023Senator Bernie Sanders plans to push a bill to block bank executives from serving on overseeing boards
3/23/2023Jeremy Siegel: 'Fed shrapnel killed this bank and may send the economy into recession in the process'
3/22/2023Survey finds that 84% of Americans don't think taxpayers should resolve the current bank problems
3/22/2023Former Dallas Fed President Richard Fisher: 'I don't think the Fed should pause the 25 basis point hike'
3/22/2023JPMorgan says Feds are past the point of no return: 'a soft landing now looks unlikely'
3/22/2023Warren Buffett's Berkshire Hathaway spent $68 billion in 2022, slashing its share repurchases to $8 billion
3/21/2023Credit Suisse's emergency rescue could cost all of Switzerland's citizens $13,500 each
3/21/2023Vanguard to exit China by severing its joint venture with Ant Group: Shanghai offices to shut down
3/21/2023Credit Suisse bankers flood recruiters with job inquiries ahead of UBS Group AG takeover
3/21/2023Signature Bank held a fundraiser for Committee overseeing a probe ten days before the collapse
3/21/2023Amazon to add to its 18,000 job cut, which ended in January, by letting go of another 9,000 employees
3/20/2023Bernie Sanders comments on SVB collapse, shedding light on the CEO being the director of the San Francisco Fed
3/20/2023The 'buy the dip' strategy is no longer a go-to for retail investors as bonds start to become more attractive
3/17/2023List of banks that rescued First Republic Bank by sending $30 billion
3/17/2023Sen. Elizabeth Warren asks if Silicon Valley Bank and Signature Bank execs would return five-year earnings
3/17/2023Yellen says only banks that pose a systematic risk threat would get that treatment
3/17/2023Shark Tank's Kevin O'Leary advises startup CEOs to limit bank deposits
3/17/2023Wells Fargo's former head Carrie Tolstedt to face up to 16-month prison time and $17 million fine over account scandal
3/16/2023Blackrock CEO warns of US regional banking risks after SVB collapse saying inflation to persist and rates to rise
3/16/2023The US wage law lets employers take away paid leave when productivity quotas aren't met
3/16/2023Fed's new backstop program could inject up to $2 trillion in liquidity into the system
3/16/2023Observers said social media posts helped fuel banking system concerns amid the Silicon Valley Bank collapse
3/15/2023Bank of America benefited from Silicon Valley Bank's collapse as it received over $15 billion in new deposits
3/15/2023CA Gov Gavin Newsom doesn't mention being a client while lobbying for Silicon Valley Bank
3/15/2023Binance suspends UK customers' deposits and withdrawals through bank transfers
3/14/2023CPI rose to 6% year-over-year in Feb after 0.5% in Jan
3/14/2023First Republic Bank is up by 56% pre-market after recently receiving additional liquidity
3/14/2023Sweden's biggest pension fund Alecta had its $609 million investment in SVB drop to just $279 million
3/14/2023First Republic bank is down by 77% despite receiving additional liquidity from the Feds and JPMorgan Chase
3/13/2023OpenAI CEO Sam Altman saves startup Rad AI by sending a six-figure loan to make payroll after SVB collapse
3/13/2023'The Bear Traps Report' founder says Silicon Valley Bank crisis could result in Feds slashing 100 basis points from rates
3/13/2023HSBC rescues Silicon Valley Bank UK by acquiring it for £1
3/13/2023US banks had unrealized losses worth $620 billion by the end of 2022, per FDIC
3/13/2023US debt default chances this year have more than tripled
3/10/2023Emergency savings of less than half of US adults dropped from a year ago
3/10/2023'The Bear Trap Report' founder Larry McDonald expects stock market crash in 60 days
3/9/2023Almost half of Gen Z employee income comes from two roles
3/9/2023Fundstrat says stocks have shown good performance despite hawkish Feds
3/9/2023Barclays says US stocks were still expensive, saying the S&P 500 had to drop to 3,724
3/8/2023Mortgage loan applications dropped by 6% over the last week, reaching the lowest in almost 30 years
3/8/2023Citadel's Ken Griffin took home a record $4.1 billion in 2022
3/8/2023China restricts capital withdrawal to outside the country, per billionaire investor Mark Mobius
3/7/2023Kelley Blue Book says average new car monthly payments almost doubled from 2019 to a record $777
3/7/2023New vehicle average prices have jumped 30% since 2019 to almost $50,000
3/7/2023Amazon employees get the option to use stock as equity to finance homes with Better.com
3/6/2023Housing is now at almost four-decade-high unaffordable levels, with first-time buyers needing to earn as much as $90,000 in 2022
3/6/2023Morgan Stanley warns that the 2023 stock rally is a "bull trap"
3/3/2023Cash trumps stock-bond portfolios for the first time since 2001
3/3/2023Q4 2022 average individual retirement account balance at $104,000 after a 20% drop
3/3/2023Morgan Stanley's Mike Wilson says stocks are now in a 'death zone' after climbing too high
3/2/2023US manufacturing shrunk for the fourth straight month: ISM survey shows raw material prices rise
3/2/2023American 401(k) millionaires drop by a third from 2021 to 2022
3/1/2023Top luxury watches outperformed stocks and crypto: Rolex, Patek Philippe, and Audemars Piguet
2/28/2023Computer science graduates starting salaries are projected to have a 4% decline to $72,843 compared to 2022
2/28/2023To cover a $1,000 emergency expense, 25% of people would run into credit card debt, an all-time-high since 2014
2/27/202356 out of 61 '4-day work week' company participants decide to extend this policy
2/27/2023US home sales were down by 36.9% YOY in January, reaching their 12th consistent monthly decline
2/27/2023Retail investors poured $1.5 billion in average net daily purchases for the first six weeks of 2023
2/27/2023American college degree holders saw the largest wage decline at 7.4% since 2004
2/24/2023Bank of America expects the second half of 2023 to be affected by the delayed US recession
2/24/2023US housing market dropped by $2.3 trillion in the 2nd half of 2022, just 0.9% less than the 2008 housing crisis decline
2/23/202360% of Americans across different income groups are optimistic and expect their finances to improve by 2024
2/23/2023Google to implement its new desk sharing strategy next quarter
2/23/202372% of institutional traders say they don't plan to touch crypto in 2023
2/23/2023Manhattan-based remote workers are costing the city $12.4 billion annually
2/22/2023Tom Brady to become a FOX Sports broadcaster in 2024 with a $375-million 10-year contract
2/21/2023Zillow reveals that Americans cohabitating or living together pay $7,000 less on rent compared to singles living alone
2/20/2023Prices of orange juice reach an all-time high at a 30% increase year-to-date
2/20/2023US credit card debt climbs to an all-time high at almost $1 trillion dollars
2/20/2023Burnout rate for desk job workers is now higher than pandemic peak numbers at over 40%
2/17/2023Pantheon Macroeconomics founder says home prices could fall 15% in 2023, citing the price-to-income gap
2/17/2023American car payments experience the highest delay rate topping 2009 numbers
2/8/2023Biden wants to stop outsourcing construction materials for Federal infrastructure projects
2/8/2023Credit Suisse caves in to pressure as it decides to drop its anti-money-laundering controls in Asia
2/8/2023Biden calls for a 20% minimum tax on billionaires and wants to quadruple corporate stock buybacks surcharge
2/7/2023Atlanta Fed President says the improvement in jobs could result in higher interest rates
2/7/2023Over half of American six-figure earners are still living paycheck to paycheck
2/6/2023Almost 2/3rds of Americans lived paycheck to paycheck in 2022, jumping from 42% in 2021
2/6/2023Retail Trading Orders Topped 2021 Accounting for 23% of Market Volume in Late January
2/3/2023Nasdaq and S&P 500 Get Best January Since 2001 and 2019, Respectively
2/1/2023Home Sales Reach Lowest Pace Since Nov 2010, Dropping for the 11th Month in a Row in Dec
1/27/2023Emergency Expenses of $400 Can Only be Comfortably Afforded by One in Three Americans
1/26/2023Unilever CEO Says Prices Might Not Have Reached Their Peak Despite Inflation Cooldown
1/25/2023US Commercial Real Estate Investors Withdrawal Requests Pile Up to $20 Billion, Second Largest Since Great Recession
1/23/2023Citadel Now Top-Earning Hedge Fund After $16 Billion Gain in 2022
1/23/2023Citigroup Drops 2023 Worldwide Recession Probability to 30%, Down from 50%
1/18/2023Report Says Richest 1% of People Amassed 2/3rds of the Past Two Years' $42 Trillion New Created Wealth
1/17/202361% of Economists Think Recession is Possible in the Next 12 Months: GDP Expected to Stagnate in 2023
1/17/2023American Personal Saving Rate Dropped to 17-Year Low While Household Debt Climbs
1/17/2023Ukraine Hit 30-Year-Low Economic Decline at 30.4% in 2022
1/5/2023Nearly Two-Thirds of Voters Think the 2023 Economy Will be in the Worse Shape
1/5/2023
FEATURED NEWS
79% of employees are disengaged at work
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3/14/2025 Trump: egg prices are down, oil down, interest rates are down
3/14/2025
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