Latest Updates Around The World
Kevin O’Learythe well-known entrepreneur and television personality, has expressed optimism about the future of the US economy despite ongoing inflation and tariff challenges. O’Leary notes surprising GDP growth O’Leary, also known as Mr. Wonderful, went to X to share his thoughts on the state of the US economy. He acknowledged concerns about the trajectory of […]
As the weekend comes to a close, let’s take a look at some of the major events that have transpired in the business world over the past few days. Experts doubt the full implementation of Trump’s $550 billion trade deal with Japan Despite the initial excitement, experts are skeptical about the full realization of Japan’s […]
For months, the U.S. labor market has been sending mixed signals, cooling in some places and holding steady in others, leaving investors unsure whether the slowdown is orderly or whether something more vulnerable is forming beneath the surface. That uncertainty comes to a head this week. On Tuesday, the Bureau of Labor Statistics will release […]
As the week comes to a close, it’s time to catch up on the biggest stories that shaped the week. By Michael BurryFrom the ominous prediction about the US banking system to the Federal Reserve’s strategic move to insulate itself from political interference, here’s a look at the key events that transpired. The Federal Reserve’s […]
Reddit (NASDAQ:RDDT) has taken legal action against Australia’s social media ban on under-16s, arguing it goes against free political discourse. High-stakes conflict over app ban On Friday, Reddit challenged Australia’s ban on social media for young teens in the country’s highest court under the new Social Media Minimum Age (SMMA) law. The ban, which was […]
US job openings reached a five-month high in October, indicating steadier demand, but slower hiring points to a cooling labor market – a trend that could influence the Federal Reserve’s interest rate decision, due on Wednesday. Openings, recruitment slows According to the Vacancies and labor turnover According to the JOLTS report from the Bureau of […]
A resilient market at the main level, but with an uneven, policy-driven underlying economy. This is the reality that JP Morgan Asset Management sees for 2026 The company expects another year of economic expansion in the US, but still describes this as a K-shaped path. Richer households and capital-rich companies are retreating, while middle-income consumers […]
As the race for artificial intelligence (AI) dominance accelerates, says chief economist at Moody’s Analytics Mark Zandi is sounding the alarm about a growing financial risk that distinguishes the current technological boom from the dot-com era: massive corporate debt. AI ‘overinvestment’ and rising debt In a stark warning issued on Sunday via While acknowledging that […]
Risk sentiment dominated Wall Street on Friday, with selling pressure mounting in AI-linked names and pushing tech stocks toward their worst week since April. By noon in New York, the Nasdaq100 fell 1.9%, pushing weekly losses to almost 5%, while the S&P500 fell 1.2%, down about 3% over the week. Investors’ concerns about the labor […]
A new analysis by economist Bob Elliott warns that a “sharp increase in rate-related price increases” will keep inflation “stuck above 3%,” effectively wiping out any disinflationary relief consumers received from falling rents. Tariffs fuel ‘price rises’ while putting pressure on household spending In a substack remarkthe CEO of Unlimited Funds argued that this dynamic […]
