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Massive Sails Power Ships Like Never Before

Jennifer DuBois -
There are limitations, such as choke points like the Suez and Panama canals: “Neither of them allows vessels to operate under sail. The...
Business

The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets

Jennifer DuBois -
The Treasury will have to replenish its cash after the debt ceiling is lifted, Goldman Sachs said.It may sell up to $700 billion...
Business

Here’s why the US doesn’t have to pay off its $31 trillion mountain of debt, according to Paul Krugman

Jennifer DuBois -
The US government doesn't have to pay off its $31 trillion debt, Paul Krugman said.The government debt can't be compared to something like...
Business

The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults

Jennifer DuBois -
The stock market could crash 45% if the US defaults on its debt, the White House warned.The debt ceiling deadline is quickly approaching...
Business

Goldman Sachs Likes These 2 Stocks, Insiders Just Poured Millions Into Them — Here’s Why You Might Want to Ride Their Coattails

Jennifer DuBois -
The well-worn adage ‘Keep it simple’ isn’t just a cliché; it holds true in many areas of life, including the stock market. It’s...
Business

Bank of America raises its S&P 500 price target and says the outlook is ‘glass half full’ as bad news is already priced into...

Jennifer DuBois -
BofA raised its S&P 500 price target for 2023 to 4,300, arguing that a lot of bad news is already priced in.BofA's Savita...
Business

China’s economy has turned rotten and its reopening boom is a ‘charade,’ market expert says

Jennifer DuBois -
China's economic rebound narrative is not what it seems, Ruchir Sharma wrote in the Financial Times.Many indicators of growth are underwhelming, the chair...
Business

WSJ News Exclusive | Bud Light Maker Offers Distributors Free Beer, More Ad Spending After Dylan Mulvaney Backlash

Jennifer DuBois -
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Business

Top IBM Shareholders

Jennifer DuBois -
International Business Machines Corp. (IBM) primarily generates revenue today through consulting, infrastructure, and software. IBM was founded in 1911 as the Computing-Tabulating-Recording Company (C-T-R)....
Business

Zoom Shares Jump as Revenue Beats Estimates

Jennifer DuBois -
Zoom Video Communications Inc. (ZM), the video conferencing company that turned into a verb during the pandemic, rose 5% in New York trading...
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