Musk’s Twitter reportedly hasn’t paid rent on its office spaces for weeks
Elon Musk has recently taken drastic steps to cut costs and gear up for possible legal battles at Twitter, according to a report from The New York Times.
Tesla shares have fallen 28% since Elon Musk took over Twitter, lagging other carmakers
Musk sold billions of dollars worth of his Tesla holdings to finance the Twitter takeover and has been embroiled in controversy ever since.
Inflation moderates, China Covid rules ease. Have two heads of the dragon been slayed?
The Fed’s fight against inflation this year has been one head of the three-headed dragon keeping markets from making a meaningful move higher.
Howard Marks says we are in the third sea change in his 53-year career on Wall Street
“The market characterized by easy money and upbeat borrowers and asset owners disappeared,” Howard Marks said in a memo.
The Fed has to portray itself as tough on inflation even as it pushes through a smaller rate hike
The Fed is expected to raise interest rates by a smaller half percentage point Wednesday yet signal that its battle with inflation is still far from over.
The ‘pain trade’ is for stocks to rally because investors are so bearish, Bank of America says
Bank of America’s fund manager survey for December shows that professional investors have mostly taken a defensive position in their portfolios.
Harvard-educated deception expert: 4 red flags can show when people like Sam Bankman-Fried are lying
Pamela Meyer, a Harvard-educated deception expert and certified fraud examiner, weighs in on disgraced founders Elizabeth Holmes and Sam Bankman-Fried.
Goldman Sachs’ inflation picks — 10 stocks to buy if prices are peaking
Investors may start thinking about positioning for a new economic environment after the latest U.S. inflation report.
South Africa’s ANC stops impeachment process against Ramaphosa
Most African National Congress lawmakers voted against a probe report which found the president may have violated the constitution.
Nuclear fusion breakthrough: Scientists generate more power than used to create reaction
The National Lab and Department of Energy announced a nuclear reaction that generated more energy than was required to power it — a first for humankind.
