Billionaire investor John Paulson says the Fed can ‘move aggressively’ on rate cuts
The hedge fund veteran discussed his outlook for the Federal Reserve and his bullish view on gold.
Stocks making the biggest moves midday: Moderna, Uber, Boeing, Adobe and more
These are the stocks posting the largest moves in midday trading.
Here’s what the Boeing strike might mean for flyers
If the strike drags on, airlines may not be able to meet demand for next summer’s peak travel season.
Tesla Semi fire in California took 50,000 gallons of water to extinguish
The National Transportation Safety Board said on Friday that a Tesla Semi crash last month closed down an artery of Interstate 80 for 15 hours.
Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
John Paulson, a supporter of Donald Trump, said there could be a collapse in the financial markets if Kamala Harris’ proposed tax plans become a reality.
Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation
Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the AI startup at more than $150 billion.
Canada and New Zealand are among the 10 best countries for a comfortable retirement—the U.S. didn’t make the list
U.S. News and World Report ranked the countries based on an international survey of nearly 17,000 people.
Beijing suspends PwC’s China unit for six months in record penalty over Evergrande audit
Regulators hit PwC’s auditing unit in China with a six-month business suspension and a 441 million yuan fine over the firm’s audit of China Evergrande Group.
Harris’ rise in polls sparks wave of wealth transfers to kids
Currently, individuals can send up to $13.61 million (and up to $27.22 million for couples) to beneficiaries without owing estate or gift taxes.
China raising its retirement age may be unpopular but it’s much needed, analysts say
Economists have long called for an overhaul of the nation’s retirement age laws, currently among the world’s lowest, that was set in an era with lower life expectancies.
