Tesla Model 3s now qualify for $7,500 in federal tax credits

marketwatch.com All Tesla Inc.’s Model 3 sedans qualify for $7,500 in federal tax credits, a change that has recently appeared on a government site that keeps track of which EVs may qualify…

The Treasury Department may issue $1.6 trillion in T-bills this year as it rebuilds its coffers after the debt ceiling deal

markets.businessinsider.com Janet Yellen. Andrew Harnik/AP The Treasury Department may issue $1.6 trillion in bills over the full year, Deutsche Bank said. That's as it looks to rebuild its cash…

Billionaire Paul Singer Is Heavily Invested in These 2 ‘Strong Buy’ Stocks Despite Recession Fears

finance.yahoo.com Investors hoping to get a good readout on where the markets might be heading – switch off now, as Billionaire Paul Singer has some bad news for you. The founder of Elliott…

Jim Cramer's top 10 things to watch in the stock market Tuesday

cnbc.com My top 10 things to watch Tuesday, June 6 1. The federal government versus the crypto industry. The SEC before the bell Tuesday sues Coinbase (COIN), accusing the company of…

July 4 holiday travel shaping up to be strong, top hotel execs predict

aol.com With another solid jobs report in the books, top travel execs are wasting no time predicting a strong July 4 holiday weekend and back half of the year as consumers continue…

It may be healthy for the economy to see ‘a little bit of a bust,’ analyst says

cnbc.com It may be healthy for the economy to see 'a little bit of a bust': Deutsche Bank Henrik Johnsson, global co-head of capital markets at Deutsche Bank, says the "economy will…

The US is on track for its first 'policy-led boom-bust cycle' in four decades

markets.businessinsider.com Deutsche Bank in Berlin, Germany. Bildquelle\ullstein bild via Getty Images The US is facing a Fed-fueled recession that'll hit the economy by year-end, Deutsche Bank said.…

If Jamie Dimon wants political office

nypost.com JPMorgan chief Jamie Dimon is America’s top banker, but he also wants to be the country’s commander in chief, I am told by people close to him. After steering the nation’s…

Markets brace for deluge of Treasury bill supply after US debt deal

finance.yahoo.com Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit.…

Music Financing Startup Duetti Is Trying to Make It Easier for Indie Artists to Sell Their Catalogs

billboard.com Over the past few years, wave after wave of A-list artists have made headlines selling their catalogs for astronomical sums: from the likes of veteran superstars like Bruce…

Stocks fall, oil barely budges after Saudi production cut: Stock market news today

finance.yahoo.com US stocks closed lower Monday as investors digested weaker-than-expected economic data ahead of next week's Federal Reserve meeting. The S&P 500 (^GSPC) was down 0.20%, the…

Swiss Fintech Taurus Taps Polygon in New Tokenization Push

decrypt.co Taurus—a Swiss crypto platform for tokenizing assets—announced its integration with Polygon on Friday, allowing banks to “issue, book, and service,” tokenized assets on the…

Deutsche Bank says the U.S. is headed for a ‘policy led’ recession later

fortune.com In April of last year, just a month after Russia’s invasion of Ukraine, Deutsche Bank became the first major investment bank to predict a U.S. recession. Less than a month…

The sneaky way automakers are keeping car prices high

businessinsider.com Carmakers are racing to counteract their inventory buildup in order to keep profits flowing. JD Adams for General Motors Throughout the height of COVID, carmakers got used…

The credit crunch will bring a 'rolling blackout' of defaults as companies feel the pressure of tighter financial conditions, Bank of America says

markets.businessinsider.com Don Emmert /AFP/GettyImages The credit crunch will result in a wave of defaults hitting different sectors of the economy, BofA said. Strategists said a "rolling blackout" of…

Stocks waver, oil rises after Saudi output cut: Stock market news today

finance.yahoo.com US stocks wavered Monday, with the S&P 500 (^GSPC) flat, the Dow Jones Industrial Average (^DJI) edging down 0.22%, and the Nasdaq Composite (^IXIC) slightly advancing above…

Stocks rise, oil rises after Saudi output cut: Stock market news today

finance.yahoo.com US stocks opened higher Monday, with the S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI), and the Nasdaq Composite (^IXIC) all slightly advancing at the open. The…

Treasury yields higher, but chances rise of Fed June pause

marketwatch.com Bond yields rose on Monday as appetite for risk across markets reduced demand for sovereign debt. Appetite for risk across global markets was damping demand for Treasuries,…

Stock futures waver, oil rises after Saudi output cut: Stock market news today

finance.yahoo.com US stock futures fluctuated in pre-market trading early Monday, with contracts on the S&P 500 (^GSPC) and on the Dow Jones Industrial Average (^DJI) both slightly above the…

Nio Earnings: Delivery Guidance, New EVs In Focus As Nio Stock Struggles

investors.com China's Nio (NIO) prepares to report first-quarter earnings on Friday, June 9 as important new electric vehicles roll out in a hunt for growth. Nio stock rose on June, near…

How AI could save the stock market

markets.businessinsider.com Artificial intelligence is stabilizing the stock market Yuichiro Chino/Getty Images AI is all the rage in the stock market right now. AI-affiliated mega-cap stocks like…

Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status

news.bitcoin.com The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt…

This week in tech: Salesforce slowdown; Amazon denies plans to disrupt telecom By

investing.com Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: Investors are disappointed by Salesforce and HP; Broadcom and…

Ramit Sethi on Living Richly

ritholtz.com This week, we speak with entrepreneur Ramit Sethi, who is the founder and chief executive officer of the online education platform I Will Teach You to Be Rich (IWT), which…

SVB fuelled high-risk, high-reward tech firms. Now health start-ups feel bereft

euronews.com SVB served high-risk, high-reward firms. Entrepreneurs fear its downfall will leave a big funding gap and slow down innovation in healthcare. As the boss of three health…

EY gets banned from new audit business in Germany

economist.com Editor’s note: On April 11th said would scrap plans, known as Project Everest, to separate its advisory and audit services into distinct firms after opposition from partners…

LIBOR will at last be switched off in June

economist.com L and martini lunches, the London interbank offered rate ( ) was once a fine idea. In 1969 Iran’s central bank was looking for an $80m loan—at the time a hefty ticket for a…

Policymakers face two nightmares: stubborn inflation and market chaos

economist.com I speech as a governor of the Federal Reserve, Ben Bernanke offered a simple adage to explain a complex topic. The question was if central banks should use monetary policy…

Credit Suisse’s takeover causes turmoil in a $275bn bond market

economist.com T arranged purchase of Credit Suisse, a bank, by , its great rival, is reverberating through financial markets. Investors are scrambling to understand the deal and identify…

Elon Musk Becomes World's Richest Person (Again) After Luxury Bust Hits Bernard Arnault

zerohedge.com Elon Musk Becomes World's Richest Person (Again) After Luxury Bust Hits Bernard Arnault Bloomberg's billionaire index shows Elon Musk has reclaimed his position as the…

Taurus deploys on Polygon blockchain for asset tokenization and custody

cointelegraph.com Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain, the company announced…

Taurus links up with Polygon to tokenize real-world assets for TradFi

cryptoslate.com Switzerland-based Taurus has integrated Layer-2 network Polygon — including the native token MATIC and smart contracts — with its custody and tokenization platforms called…

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

coindesk.com Taurus, which offers custody, tokenization and trading of digital assets, has linked with the Ethereum scaling network Polygon as the tokenization of real-world assets gains…

Credit Suisse-backed Taurus integrates Polygon for its tokenization offering

theblock.co Taurus, a Swiss crypto infrastructure firm, today announced an integration with the Polygon blockchain network for its tokenization and custody platforms. The move means…

Apple’s new Goldman Sachs savings accounts excited savers with high interest rates

finance.yahoo.com Apple launched a savings account program from Goldman Sachs for its Apple Card users in April, promising high yield, no fees and ease of use from the Wallet. More from…

Elon Musk Discreetly Seizes a Very Coveted Power

thestreet.com The last time he held this honor was more than three months ago. On Feb. 27 Tesla Chief Executive Elon Musk was again the richest man in the world, ousting the French…

US judge won't yet approve Deutsche Bank $75 million settlement with Epstein accusers

reuters.com FILE PHOTO: U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017…

Elon Musk Is Once Again the Richest Man in the World

thestreet.com The last time he held this honor was more than three months ago. On Feb. 27 Tesla Chief Executive Elon Musk was again the richest man in the world, ousting the French…

Mixed Signs for Palantir Stock After Shares Soared

247wallst.com America’s largest bank, JPMorgan, bought a call option on a significant amount of Palantir (US:PLTR) stock last quarter, and PLTR stock has soared in recent weeks amid the…

Elon Musk Takes Back a Precious Crown

thestreet.com The last time he held this honor was more than three months ago. On Feb. 27 Tesla Chief Executive Elon Musk was again the richest man in the world, ousting the French…

Dealmaking has slowed

economist.com I for corporate counsel, building is more common than buying. Shelling out for a bullpen of bankers or lawyers is often more costly than poaching a rival’s star performers.…

Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit

coinspeaker.com Coinspeaker Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit The CEO of investment management company Blackrock is not excited about the…

Pride month arrives as wave of anti-LGBTQ bills make many states less equitable

aol.com For the second year in a row, there was an uptick in the number of states that grew more hostile to the LGBTQ+ community, according to a new report shared exclusively with…

Asset manager consolidation wave continues as two deals announced in 24 hours

thetradenews.com The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two asset management deals have been announced…

Banking giant JPMorgan advertised more than 3,600 AI-related jobs, report says, as Wall Street starts to embrace the revolutionary tech

businessinsider.com JPMorgan's Hong Kong office. JPMorgan JPMorgan is leading the way in Wall Street's shift to AI, Bloomberg reported. Data from Evident shows it advertised 3,651 AI-related…

4 big analyst picks: Avis Budget zooms higher on Deutsche upgrade By

investing.com Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Avis Budget, Q2, bluebird bio, Equitrans Midstream, and Financial…

Fed officials talk of rate hike ‘skip’ - Morning Brief - Marketplace Minute

megaphone.fm Federal Reserve officials signal rate hikes may not be over; Central banks governing several major economies raised rates in May; Corporate debt defaults to rise, Deutsche…

A Wave of Defaults—and a Recession

wsj.com A wave of corporate defaults is looming, with the U.S. expected to be hit harder than Europe, Deutsche Bank said in a Wednesday report. Its strategists forecast that credit…

Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit

yahoo.com Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to generating higher profits instead. Investors are concerned. • None S&P 500…

Blackrock CEO issues dire warning over ‘debt ceiling drama’

cointelegraph.com Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts…