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131 accountants from India just responded to the open letter from economists and social scientists challenging official GDP data

And now, 131 Indian chartered accountants (CA) have responded with a stinging rebuke to the lett…

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108 economists and academics just asked the Indian government to stop interfering with economic data

In a joint statement released on March 14th, 108 economists and social scientists in India and ab…

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Steve Cohen's Point72 fund built a $108 million Tesla stake last quarter - and made a surprise bet on GameStop

The New York Mets owner's fund bet on Elon Musk's company by buying shares and call options, and to…

Theron Mohamed   


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American workers would make more than $20 an hour if minimum wage kept pace with productivity, an economist says

A higher minimum wage would supercharge the economy, says Dean Baker, as workers would have more mo…

Paul Constant   


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108,000 people with medical debt are getting $212 million in relief, thanks to help from Stacey Abrams

The Fair Fight Political Action Committee, led by Abrams, donated over $1 million last month to wip…

Ayelet Sheffey   


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Americans Love To Deplore Violence, But They'll Never Do What's Necessary To Prevent It

America is less inclined to go in for self-flagellation when struck by terror. The pundits on Fox N…

The Economist   


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The Death Of Inflation Has Made Central Banks Victims Of Their Own Success

What could cause inflation expectations to break free again, as in the 1970s? Contrasting the exper…

The Economist   


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Stock market today: Tech drives market rebound as investors brace for earnings and fresh data

Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…

Matthew Fox   


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8 mins read

How investors are about to profit from a tidal wave of new homes

Builders have too many new homes on their hands. But before they slash prices, they have another op…

James Rodriguez   


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Stock market today: US stocks close at record highs after dovish June jobs report

"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs repo…

Matthew Fox   


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Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence

Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…

Kelly Cloonan   


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Stock market today: S&P 500 closes at a fresh record above 5,600 as traders brace for June inflation

The S&P 500 closed above 5,600 for the first time and the Dow soared 430 points. Economists expect …

Jennifer Sor   


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The US economy added more jobs than expected last month as unemployment surprisingly rose

The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedl…

Madison Hoff   


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Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower

The June jobs "should have Fed officials troubled that the desired cooling in the economy could tra…

Matthew Fox   


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Stock market bubble warnings are everywhere. These are the 10 most richly valued stocks right now.

From chicken wing restaurants to biotech companies, some stocks are hitting elevated valuation leve…

Matthew Fox   


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1 min read

Stock market today: US stocks mixed as traders look to lock in best first quarter in 5 years

The benchmark index is up roughly 10% in the first three months of the year, while the Dow and Nasd…

Phil Rosen   


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Americans notched the biggest annual increase in credit card debt on record last quarter

US credit card debt climbed $154 billion year-over-year last quarter, the largest such increase sin…

Phil Rosen   


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Small business sentiment dropped by most in 13 months in January as inflation, labor costs bite

"In January, optimism among small business owners dropped as inflation remains a key obstacle on Ma…

Yuheng Zhan   


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US stocks close mixed as investors brace for Nvidia earnings and digest Fed minutes

Nvidia stock slumped 3% as investors waited for the chipmaker's hotly anticipated earnings report.

Jennifer Sor