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‘It’ll Cost Us Our System As We Know It:’ Billionaire Ray Dalio Warns Of A ‘Social Problem’ Because Of The Debt Ceiling Crisis. Here’s...

Jennifer DuBois -
The U.S. is on track to default on its payments obligations if the debt ceiling is not raised.But according to Ray Dalio, founder...
Business

Kremlin gas profits plunge as tide turns in Putin’s energy war

Jennifer DuBois -
07:45 AMDebt will head toward 100pc of GDP, says Moody'sMoody's, the rating agency, warned that the UK's debt share will begin a permanent...
Business

Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron

Jennifer DuBois -
By Stephen Nellis and Karen FreifeldWASHINGTON (Reuters) -The U.S. Commerce Department should put trade curbs on Chinese memory chip maker Changxin Memory Technologies...
Business

CohBar Stock Doubles: Company Agrees To Merge With Morphogenesis To Advance Late-Stage Oncology Candidates

Jennifer DuBois -
Privately-held Morphogenesis Inc has agreed to combine with CohBar Inc (NASDAQ: CWBR) in an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology...
Business

Carl Icahn’s wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he’s ready to fight back

Jennifer DuBois -
Carl Icahn's wealth has fallen by $15 billion since Hindenburg targeted him last month.The 87-year-old activist investor said in a recent interview that...
Business

Default May Be the Least Likely Outcome of Debt Ceiling Talks

Jennifer DuBois -
There's just a 2% possibility the U.S. government will default on its loans, according to analysts at Deutsche Bank, despite days of stalled-out...
Business

Apple is investing billions in US-made 5G components as it looks to move manufacturing out of China

Jennifer DuBois -
Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes...
Business

AutoZone Beats Earnings Estimates. Why the Stock Is S&P 500’s Worst Performer.

Jennifer DuBois -
AutoZone Beats Earnings Estimates but the Stock Is S&P 500’s Worst Performer. Here’s Why. Source link
Business

Gas Stocks Set to Trounce Oil Shares, Says Bank of America

Jennifer DuBois -
Shares of companies that drill primarily for natural gas are poised to outperform their oil-focused counterparts by multiples, according to Bank of America...
Business

Google Will Soon Show You AI-Generated Ads

Jennifer DuBois -
Google has spent the past few weeks promoting generative AI tools that can summarize search results for users, help them draft essays, and swap out overcast...
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