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2 mins read

I belong to middle class, understand their pressures: Sitharaman before Budget

"I too belong to the middle class so I can understand the pressures of the middle class. I identify…

PTI   


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2 mins read

Arun Jaitley makes strong pitch for re-capitalizing World Bank

The meeting concentrated on the 'Forward Look' exercise done by the World Bank and discussed the Dy…

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1 min read

Companies are issuing tons of debt to pay their private equity owners and their investors

US firms offloaded $8.1 billion worth of junk-rated loans to pay investors last month, surging past…

Yuheng Zhan   


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1 min read

A massive debt wall is about to hit Corporate America, and equity values will be 'incinerated,' Chamath Palihapitiya says

"Prepare for a bunch of companies who will not be able to refinance their debt and will thus see th…

Filip De Mott   


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4 mins read

How US banks can wiggle out of the $650 billion balance-sheet bomb hanging over them

"If interest rates have peaked as markets are currently implying, banks could be seeing a reduction…

Matthew Fox   


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1 min read

'Dr Doom' Nouriel Roubini warns SVB's collapse could spread havoc beyond the US

Not long before Credit Suisse worries sank shares, economist Nouriel Roubini warned that Silicon Va…

Zinya Salfiti   


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3 mins read

A startup 'mass extinction event' has begun. You can't see it clearly yet, but it's going to be bad.

Startup failures are rising from artificially low levels. A capitulation event in the next year is …

Alistair Barr,Melia Russell   


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3 mins read

10 Things in Tech: Startups face mass extinction

In today's edition: It's the beginning of the end for startups, companies are getting tougher on re…

Hallam Bullock   


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4 mins read

Russia's air force 'remains largely intact,' but more jets won't fix all its problems in Ukraine, NATO commanders say

In Ukraine, the force on offense "faces a massive challenge without air superiority," the chief of …

Christopher Woody   


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6 mins read

5 ways to make affordable housing for all in 2023 from construction laws to mortgage financing

Developers, mortgage lenders, and local governments can take steps in 2023 to ensure that more peop…

Kelsey Neubauer,Alcynna Lloyd   


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2 mins read

Biden administration refuses to release $7 billion in frozen funds from Afghanistan after US forces found and killed Al Qaeda's leader in Kabul

The Biden administration won't release any of the funds, and it has stopped talks with the Taliban …

Natalie Musumeci   


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2 mins read

'Big Short' investor Michael Burry warns household wealth is under pressure — and higher wages can't replace the huge wave of pandemic stimulus

Burry warned bigger paychecks can't take the place of stimulus checks, cash-out refinancing, forgiv…

Theron Mohamed   


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1 min read

Former Nintendo America president left GameStop's board because leadership refused to explain how they would turn the company around

Former Nintendo America president Reggie Fils-Aime left GameStop's board of directors after serving…

Ben Gilbert   


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1 min read

Top levfin bankers are enjoying a new 'golden age' of mega buyouts

Levfin bankers are advising on a surge in below-investment-grade debt issuance. Here's a rundown of…

Aaron Weinman   


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1 min read

CCEA approves recapitalisation of RRBs

Information and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will …

PTI   


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3 mins read

10 things before the opening bell

Today we're going over Michael Burry and Cathie Wood's warnings about the state of the economy. Thi…

Phil Rosen   


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3 mins read

LEX, a marketplace offering commercial real estate stakes for small investors, just raised seed funding from Greycroft and Thor Equities

He used the example of a traditional partnership with five partners. If one were to leave, they'd n…

Alex Nicoll   


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2 mins read

'A real missed opportunity': Andrew Yang swings at Obama's decision to bail out Wall Street over average Americans during the financial crash

Most of them heaped praise onto the former president, given his skyhigh popularity among Democratic…

Joseph Zeballos-Roig   


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1 min read

MoviePass is shutting down

Helios and Matheson's "board of directors has formed a strategic review committee, composed entirel…

Jason Guerrasio   


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4 mins read

In a war with China, the US Navy's warships might not be the first target

The US Navy's fighting ships can't fight without food, fuel, and weapons, and China's military know…

Christopher Woody