Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
Carry trades refer to trades wherein an investor borrows in a currency with low interest rates and reinvests the proceeds in higher-yielding assets elsewhere.
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee spoke Monday morning on CNBC’s “Squawk Box.”
Everyone is talking about the Sahm recession indicator. Here’s what you need to know
Investors have turned to one of the most time-tested indicators to determine whether the U.S. economy is in a recession.
Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice
Ford has turned its fleet business into an earnings powerhouse. It’s something General Motors and Chrysler parent Stellantis have quickly taken notice of.
Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice
Ford has turned its fleet business into an earnings powerhouse. It’s something General Motors and Chrysler parent Stellantis have quickly taken notice of.
CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage
Delta CEO Ed Bastian said the company plans to seek compensation from Microsoft and CrowdStrike.
Why pharmacy chains like Walgreens and CVS are shuttering locations
Walgreens is citing macro issues, like a worsening consumer environment and pressure on pharmacy margins, while grappling with its own set of issues.
Ex-Trump White House officials, dozens of Republicans endorse Harris
Kamala Harris has surged in polls since President Joe Biden dropped out and endorsed her in July.
A little-known law has forced more than 120,000 veterans to return payouts they received to leave the military, new data shows
A federal law forced thousands of disabled veterans over the years to return the sizeable payouts they received to leave the military.
