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'A generation-defining moment': Krugman, Roubini, El-Erian warn that the record 3.3 million unemployment claims are 'just the start'

The US faces a deeper recession than the global financial crisis of 2008, tweeted Nouriel Roubini, …

Theron Mohamed   


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ROUBINI: There's a market 'time bomb' raising the risk of a dramatic collapse

As a result, when surprises occur - for example, the Fed signals an earlier-than-expected exit from…

Mike Bird   


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US stocks fall as investors receive inflation warnings from the IMF and the Fed

Inflation has "increased markedly" in US and in some emerging market economies, the IMF said Tuesda…

Carla Mozée   


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US stocks decline as investors digest volatility from Archegos meltdown

The S&P 500 and Dow retreated from record highs as investors mulled over volatile swings in stocks …

Emily Graffeo   


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Trump 2.0 would be destructive for the economy, as the former president embraces 'crank' doctrine and economic fantasy, Paul Krugman says

Trump's first term showed he's prone to "magical thinking," and his economic doctrine would hobble …

Jennifer Sor   


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Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says

Recession views feel dangerously similar to those prior to the 2008 crisis, as consensus shifts to …

Jennifer Sor   


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Stock market today: US stocks close mixed as investors await this week's Fed testimony

Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, offering clues as …

Filip De Mott   


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5 mins read

Here are the biggest risks to stocks in 2024, according to Wall Street

Wall Street still sees plenty of reasons to be worried about stocks in 2024 despite promises of Fed…

Jennifer Sor   


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5 mins read

Bitcoin's back on top, but it's not a boon for everyone in the space

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this ti…

Dan DeFrancesco   


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US stocks drop as hot inflation data and a weak Treasury auction send yields back up

The 30-year Treasury yield climbed as much as 18 basis points after the latest bond auction saw sof…

Filip De Mott   


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President Biden says China's economy is a 'ticking time bomb' amid growth and demographic issues

"They've got some problems. That's not good because when bad folks have problems, they do bad thing…

Jennifer Sor   


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US stocks trade mixed as investors cheer Nvidia earnings and assess debt ceiling talks

The Nasdaq Composite surged after Nvidia posted stellar quarterly results and gave investors even m…

Morgan Chittum   


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All this AI hype could be distracting us from serious economic threats in the US

Insider's Phil Rosen breaks down the massive Wall Street hype surrounding artificial intelligence a…

Phil Rosen   


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Blackstone, the massive private-equity firm, just wants to be your friendly, neighborhood lender

Blackstone is looking to fill the gap left by regional banks that are considering tightening their …

Dan DeFrancesco   


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Bitcoin is back (sort of)

A recent surge in bitcoin's price is the latest win for what has quietly been a strong year for cry…

Dan DeFrancesco   


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US stocks fall and bond yields jump ahead of speech from Fed chief Powell

Fed Chairman Jerome Powell will speak Tuesday at the Economic Club of Washington.

Jason Ma   


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4 mins read

JPMorgan's Jamie Dimon and Goldman Sachs' David Solomon just warned of serious headwinds for the US economy

Insider's Phil Rosen breaks down Wall Street's warning on the financial landscape, and what that co…

Phil Rosen   


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US stocks jump as Nvidia leads tech rally and investors wait on debt ceiling progress

Nvidia's huge quarterly earnings report led the Nasdaq higher, as investors pile into one of the cl…

Morgan Chittum   


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Billionaire investor Leon Cooperman says the US is going through a 'textbook' financial crisis and the S&P 500 won't hit a new high for a long time

Cooperman previously warned that stocks could plunge 22% in 2023, and predicted dismal returns for …

Jennifer Sor