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3 mins read

Retail sales in China dropped by 20.5% after coronavirus hit, illustrating a scary difference between today's crisis and 2008

In fact, the 20.5% stat isn't the full picture: "We think sales in February must have roughly halve…

Jim Edwards   


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2 mins read

The Fed's relief programs will drive a 'tipping point' and end by 2021, KKR's macro expert says

The US government will end market-aid programs soon to ensure it can easily sell bonds, Henry McVey…

Ben Winck   


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4 mins read

A growing dent in Earth's magnetic field could wreak havoc on satellites and the space station, NASA says

Earth's magnetic field is weakening. NASA is monitoring one particular weak spot over the Atlantic,…

Aylin Woodward   


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11 mins read

The CDC’s response to COVID was a disaster. Can Silicon Valley get it right?

The booming pandemic-tech industry is attracting billions from VCs. Can a Silicon Valley-style disr…

Adam Rogers   


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4 mins read

Meet Khaby Lame, the deadpan creator who's set to overtake Charli D'Amelio as the most popular TikToker of all time

Khabane Lame, a 21-year-old TikToker from Italy, has surpassed Addison Rae to become the second-mos…

Kieran Press-Reynolds   


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4 mins read

How to navigate pre-election market madness — and how to trade a K-shaped recovery

The definitive collection of the best investing stories Business Insider published during the week …

Joe Ciolli   


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8 mins read

'The best run I've ever had': Inside Wall Street's coronavirus-fueled trading frenzy, where historic shocks of volatility are creating career-defining moments

Goldman Sachs's four trading floors in New York typically house thousands of traders during normal …

Alex Morrell,Dakin Campbell   


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3 mins read

A hedge fund betting on turbulence raked in a 400% return last quarter as coronavirus sent markets spinning, report says

The firm's chief investment officer, former PIMCO manager Vineer Bhansali, didn't forecast the coro…

Ben Winck   


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5 mins read

China has actually been closing for business for the last decade

"We show that - during the stimulus years - new credit was allocated relatively more towards state-…

Linette Lopez   


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3 mins read

'Stocks look like dead money': Here's why any US-China trade deal might disappoint Wall Street

Like a lot of investors and experts, Young thinks China will agree to buy more soybeans and other a…

Marley Jay   


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6 mins read

French politics killed the Fiat Chrysler-Renault merger

That Ghosn, before his fall, and Marchionne-Elkann were able to hold their creations together was e…

Matthew DeBord   


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4 mins read

The fixation on Elon Musk's billionaire-ness overlooks the fact that he doesn't care about money

His Tesla shares, after a massive run-up, are worth close to $40 billion, but he lives off loans fr…

Matthew DeBord   


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5 mins read

A team of designers wants to build an iceberg-making submarine to pop out 'ice babies' and combat sea-level rise

Kotahatuhaha said his team still needs to conduct more research and get outside expertise to iron o…

Morgan McFall-Johnsen   


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33 mins read

Texas found startling amounts of a cancer-causing chemical in the air outside Houston. Nobody told the residents.

Texas regulators documented startling amounts of benzene in Channelview, near Houston. Instead of s…

David Leffler,Savanna Strott,…   


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8 mins read

Everything you need to know about the complex relationship between Ripple Labs and cryptocurrency XRP

Treacher said: "As we're successful, clearly a lot of people follow Ripple and I think we're doing …

Oscar Williams-Grut   


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8 mins read

A top strategist explains the biggest problem China faces

The reason it's sustainable is that unlike the US, or unlike Brazil back in the 60s and 80s, in Chi…

Jonathan Garber   


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4 mins read

An asteroid strike on Pluto hints that a giant, habitable ocean might exist below its icy crust

"Nitrogen is a critical element for life as we know it and Pluto's putative ocean could be a source…

Dave Mosher   


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7 mins read

Inside a 38,000-person remote work rollout at Goldman Sachs: sleepless nights, assembly lines, and an Amazon-like hub on a Manhattan trading floor

One day, as he was holding a meeting with his direct reports and facilities chief Roy Joseph, he as…

Dakin Campbell   


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6 mins read

Silicon Valley's largest accelerator is looking for carbon-sucking technologies - including one that could become 'the largest infrastructure project ever'

There are quite a few private companies already working on carbon-capture technology, though not on…

Dana Varinsky   


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3 mins read

Morgan Stanley's president just explained the bank's 'WTF moment'

"What do we know about fixed income for the next three years in terms of secular change and whateve…

Portia Crowe  Â