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4 mins read
Beware of 'seismic shocks' to the US economy and inflation if this specific election outcome occurs, according to a top mind at Bloomberg Economics
Trying to trade around the election can backfire, but there may be an exception. A chief economist …
James Faris
4 mins read
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
1 min read
Michael Bloomberg recently gave $50 million to support Kamala Harris — but only after a pressure campaign: report
Fellow billionaires and Democratic donors pressured Bloomberg, known for late campaign contribution…
Alice Tecotzky
2 mins read
China is trying to give investors the one major thing missing from its economic stimulus blitz
China announced a Saturday press conference that will unveil new fiscal policy support.
Filip De Mott
4 mins read
A top mind at JPMorgan Asset Management sounds the alarm about an obvious economic red flag after Trump's resounding win, even as US stocks soar
US stocks got fire after Donald Trump's win, but David Kelly of JPMorgan Asset Management believes …
James Faris
2 mins read
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
2 mins read
Investors are pouring into this defensive corner of the stock market amid fears of an economic slowdown
The the S&P 500's consumer staples sector has risen sharply in the last month as investors play def…
Kelly Cloonan
2 mins read
A Trump victory raises the risk of a US economic situation worse than recession, 'Dr. Doom' Nouriel Roubini says
Roubini says investors should buy defensive assets like gold and Treasury inflation-protected secur…
Filip De Mott
5 mins read
Harris is caught between billionaire donors, economic progressives, and the question of Lina Khan
Kamala Harris hasn't said whether she'll replace FTC chair Lina Khan, as she tries to appeal to pro…
Alice Tecotzky
1 min read
Bitcoin ETFs lost $1.2 billion in 8 days as markets swing amid latest economic data
Bitcoin ETFs faced net outflows for eight straight days as iInvestors shed risky assets after the l…
Kelly Cloonan
2 mins read
Mark Cuban has praise for Harris' economic proposals and plenty of questions about Trump's
Billionaire Mark Cuban has been defending Kamala Harris' economic proposals while criticizing Donal…
Lloyd Lee
1 min read
A cash-strapped region of Argentina has created its own currency amid the country's economic struggles
La Rioja made its own currency to boost the local economy after the national government cut cash tr…
Kelly Cloonan
4 mins read
Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
2 mins read
An Indian billionaire has an audacious plan to take down part of China's economic masterplan
Karan Adani, the son of one of Asia's richest men, wants to loosen China's grip on seaports and tra…
Hannah Abraham
2 mins read
With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report
Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…
ANI
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
2 mins read
China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over
March retail sales and industrial output fell short of forecasts. First-quarter new home sales slum…
Huileng Tan
3 mins read
China's chances of staging an economic rebound this year look slim
Experts see a narrow path for Beijing to pull off a rebound as policy remains uncertain and the rea…
Phil Rosen
2 mins read
A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says
"We believe we are heading into a proper downturn that will require a proper easing cycle," Manulif…
Filip De Mott
3 mins read
India is the surprise winner amid China's economic chaos and investor exodus
China's raft of financial and economic troubles appears to have spooked investors and businesses in…