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Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here’s what Elon Musk, Paul Krugman and...

Jennifer DuBois -
Fears of a US debt default are mounting as a deadline to raise the government's borrowing limit draws near.Treasury Secretary Janet Yellen has...
Business

The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist

Jennifer DuBois -
Speaking in front of Congress earlier this month, Moody's Analytics chief economist Mark Zandi told senators that by his calculation the U.S. Treasury...
Business

This Week on Crypto Twitter: Musk Welcomes New Twitter CEO to Get to X—the Everything App

Jennifer DuBois -
The most important tweet on Crypto Twitter this week was an announcement on Friday by Twitter’s owner and CEO Elon Musk naming his...
Business

Is Bitcoin Useless?

Jennifer DuBois -
Ordinarily, a 10th anniversary is a cause for celebration and reflection. But there were few accolades for Bitcoin in 2018. That year, Bitcoin...
Business

Here’s how to get the best exit package after a layoff

Jennifer DuBois -
To help dull the pain of a layoff, many employers offer severance packages to workers.There’s often no legal requirement for companies to offer...
Business

Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead

Jennifer DuBois -
This will be another busy week for investors as regional banks remain volatile and big corporations host investors for annual meetings.Stocks ended the...
Business

Tiger Seeks to Sell Private-Company Stakes Into Secondary Market

Jennifer DuBois -
(Bloomberg) -- Tiger Global Management is seeking to offload hundreds of millions of dollars worth of private companies into the secondary market, according...
Business

Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits

Jennifer DuBois -
(Bloomberg) -- The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect chance to buy...
Business

Argentina to Boost Rates by 600 Basis Points as Inflation Soars

Jennifer DuBois -
(Bloomberg) -- Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points to 97% on...
Business

Recession? Here’s why top industrial CEOs are super bullish on the economy

Jennifer DuBois -
What U.S. recession?The industrial economy is on solid footing and activity is expected to pick up later this year, top CEOs in the...
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