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5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we’re all seeing and watching

finance.yahoo.com Federal Reserve Chairman Jerome Powell was asked whether he would say a “soft landing” was his base case for the U.S. economy at a press conference after the central bank’s…

Top Wall Street analysts pick these five stocks for compelling returns

cnbc.com Investors are grappling with uncertainty after a difficult September left the major averages reeling. However, the current scenario also offers an opportunity to pick stocks…

Bild publisher Axel Springer eyes Telegraph auction

theguardian.com German media company Axel Springer has officially expressed interest in buying the Telegraph, sparking the prospect of a bidding war for the newspaper group. The…

Why the shadow banking sector is keeping Canada's financial regulators up at night

financialpost.com The lightly regulated and unregulated lenders that employ alternative credit strategies include private equity, investment funds and hedge funds, and are now formally…

US CFTC orders 3 major US banks to pay over $50 million for swap reporting failures

finance.yahoo.com FILE PHOTO: The Goldman Sachs company logo is on the floor of the NYSE in New York US CFTC orders 3 major US banks to pay over $50 million for swap reporting failures FILE…

Government Shutdown, Rate Hike Warnings And Jamie Dimon's Warning On Fed: This Week In Economics

benzinga.com As we wrap up another eventful week, let’s take a moment to revisit some of the most notable happenings. The week was rife with speculations around a potential government…

Workers are worried about AI taking their jobs. Artists say it's already happening

aol.com None Fears are growing that AI could replace millions of jobs. • None Artists say companies are already outsourcing entry-level work to generative AI. • None They warn that…

How companies spy on their employees as they push return-to-office

businessinsider.com Some companies use software to keep tabs on things like employees' compliance with return-to-office mandates, keystroke activity, internet usage, and even breaks. Samantha…

Fake Birkenstocks Very Real Threat To IPO

dealbreaker.com The big initial public offerings of the next couple of weeks look to breath some life into a lifeless Wall Street. But they have their problems. Chip designer Arm, set to…

How to get the most out of mentoring

economist.com G “The Lord of the Rings”, Yoda in “Star Wars” or M in Ian Fleming’s early James Bond novels all act as mentors, providing sage advice and guidance to the less worldly-wise.…

Beyond the tech hype, how healthy is American business?

economist.com T ago the spectre of recession haunted corporate America. Inflation was rampant, profits were depressed and the Federal Reserve was tightening the screws. Instead, inflation…

A refresher on business air-travel etiquette

economist.com T -19 pandemic has, thanks to Zoom, killed off many work trips. But not all of them. Some in-person meetings far afield are coming back. And so is business flying. Plenty of…

The fight over working from home goes global

economist.com R has a target on its back. Banking , like Jamie Dimon of JPMorgan Chase, are intent on making working from home a relic of the pandemic. For staff at America’s biggest…

China’s economy is in desperate need of rescue

economist.com T keep getting worse for China. Consumer prices are falling. America is shunning exports from the country and restricting investment in it. China’s trade with its best…

Goldman Sachs has a David Solomon problem

economist.com I a steady drip of criticism, including on the cover of The Economist, concerning Goldman Sachs’s performance during his tenure as chief executive. The firm’s foray into…

American stocks are at their most expensive in decades

economist.com T , and it is never too hard to argue that the stockmarket looks risky and a crash must be coming. But in the long run such arguments are usually best ignored. Since 1900…

Instant payments finally reach America with FedNow

economist.com A plumbing is overdue a spot of maintenance. The current payment “rails” on which it is based—built by a group of the country’s biggest banks to replace paper cheques—are…

America’s big banks are in rude health

economist.com F perspective, it seems like a torrid time to be a banker. A handful of financial institutions failed in the first quarter of the year after their depositors fled, spooked…

China’s war on financial reality

economist.com H best known for his calls to prepare for war with America. But recently the 63-year-old nationalist media personality has been exhorting his countrymen to invest in Chinese…

JPMorgan Launches Active ETF From JEPI Portfolio Manager

finance.yahoo.com J.P. Morgan Asset Management is adding to its lineup of hugely popular active ETFs with another product managed by the strategist behind the biggest active ETF, Hamilton…

SEC Sues Former Goldman Sachs Analyst for Insider Trading

cryptopotato.com On Sept. 28, the SEC charged Anthony Viggiano for insider trading ahead of numerous merger-and-acquisition deals. The complaint, filed in the U.S. District Court for the…

What A Government Shutdown Could Mean For You

benzinga.com In a nail-biting development amid fears of a government shutdown, the House has passed a bipartisan bill, narrowly averting the blackout as the midnight deadline looms. The…

Flights, services, loans: What happens if US government enters a shutdown

hindustantimes.com The United States is heading towards a government shutdown amid a deadlock in Congress as Republicans urge deep spending cuts. The new US fiscal year begins on October 1 but…

Sam Altman says AI systems will automate some tasks but also lead to 'new and much better jobs'

aol.com None Sam Altman said in a post on X that the strength of AI systems is automating tasks, not jobs. • None Altman also admitted, however, that AI might be able to do some of…

Larry Fink sees 10-year Treasury yield at 5% or higher ‘because of this embedded inflation’

fortune.com It was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay. From the US to Germany to…

CFTC orders three major US banks to pay over $50 million for swap-reporting failures

reuters.com [1/3] The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire…

Tesla IR-compiled Q3 2023 delivery consensus listed at 455k deliveries

teslarati.com Tesla’s Investor Relations team has shared a compiled analyst consensus for the company’s Q3 2023 vehicle deliveries. As per the EV maker, the current consensus for Tesla’s…

Once Unthinkable Bond Yields Are Now the New Normal for Markets

finance.yahoo.com Once Unthinkable Bond Yields Are Now the New Normal for Markets (Bloomberg) -- It was the week that bond markets finally seemed to grasp what central bankers have been…

MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs

ritholtz.com This week, we speak with Gary D. Cohn, former director of the National Economic Council. He is an internationally recognized expert on the financial markets, global economy,…

10 Numbers Which Prove That The US Economy Has Hit A Major Pivot Point

zerohedge.com 10 Numbers Which Prove That The US Economy Has Hit A Major Pivot Point Authored by Michael Snyder via The Economic Collapse blog, During the summer, many of the experts…

US stocks end mixed to close out worst month of 2023 as investors brace for a government shutdown

markets.businessinsider.com US stocks traded mixed on Friday as a government shutdown looked increasingly likely. • The session also closed out a dismal September, with the S&P 500 losing 5% to mark…

3 Dividend Strategies For The Rest Of 2023

forbes.com There are reams of investment strategies out there for maximizing gains in a rising market and protecting ourselves when stocks tumble. But what do we do when markets simply…

NYC and its suburbs won't build new housing, so New Yorkers are flooding into Jersey City and driving up prices

businessinsider.com Lower Manhattan as seen from Jersey City, New Jersey, in August. Gary Hershorn/Getty Images New Yorkers are desperate for housing, and many are looking to Jersey City. The…

Opinion: After the Hollywood writers’ strike, AI-generated television is inevitable

theglobeandmail.com For Hollywood writers and their cohorts in the universe of chronically underpaid and under-appreciated ink-stained wretches, the tentative contract deal reached last week…

NYU CIO Steps Down

institutionalinvestor.com After eight years at the helm, New York University chief investment officer Kathleen Jacobs is stepping down. On Friday, Jacobs confirmed that she’s leaving the $5.3 billion…

5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we're all seeing and watching

fortune.com Federal Reserve Chairman Jerome Powell was asked whether he would say a “soft landing” was his base case for the U.S. economy at a press conference after the central bank’s…

Billionaire Harold Hamm On How Biden Is Holding American Energy Hostage

forbes.com Fresh from publishing his memoirs, Game Changer, the oilman hosted a high-powered Biden-bashing summit. arold Hamm was eating it up. Sitting at a table near the stage with…

What a Government Shutdown Would Mean for Sam Bankman-Fried’s Day in Court

slate.com The United States v. Samuel Bankman-Fried is scheduled to kick off in the U.S. District Court for the Southern District of New York next week, with jury selection beginning…

Assessing the BRICS Expansion: Debunking Expectations

mises.org At the conclusion of the BRICS summit in Johannesburg on August 24, 2023, it was announced that the five-country grouping of Brazil, Russia, India, China, and South Africa,…

Government shutdown would have ‘serious consequences for our economy’ by halting $163 billion in federal contracts to small businesses

aol.com The risk of a federal government shutdown on October 1 looms even larger after House Speaker Kevin McCarthy’s latest spending deal was killed by members of his own…

With a US government shutdown imminent, what happens to the economy?

aljazeera.com About quarter of the US GDP is government expenditure. A drop in that spending will have knock-on effect on the economy. It is probably no surprise that Republican…

The Renewable Energy Revolution Is Here

finance.yahoo.com The energy landscape is constantly evolving, and today we are witnessing a significant shift. The latest edition of Goldman Sachs’ Carbonomics report outlines the likely…

Investors fear US data disruption from looming government shutdown

reuters.com Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Sept…

AIMCo CEO focuses on rebuilding damaged client relationships in Alberta while avoiding political fights

theglobeandmail.com The first meeting of Evan Siddall’s new CEO Council had an inauspicious start. The newly appointed chief executive officer of Alberta Investment Management Corp. gathered…

Goldman Sachs: former employee used Xbox Chat to engage in insider trading

en.cryptonomist.ch A former Goldman Sachs employee, Anthony Viggiano, has been charged by the U.S. SEC with insider trading. Viggiano allegedly passed insider information to friends through…

Goldman Sachs Employee Allegedly Used Xbox For Insider Trading

kotaku.com A newly unsealed FBI indictment accuses a former analyst at Goldman Sachs of insider trading, including allegedly using an Xbox to pass tips onto his close friends. The…

Ex-Goldman analyst charged with insider trading, allegedly tipped off friends

nypost.com A former analyst at Goldman Sachs was charged with leaking insider information about mergers and acquisitions to his friends — who then allegedly used the tips to make stock…

The Tell: An ‘iceberg’ awaits with only 10% of the junk-bond market feeling the pinch of higher rates, says BofA Global

marketwatch.com U.S. companies binged on debt when rates were super low, so they wouldn’t have to swallow the bitter pill of higher borrowing costs down the road. The strategy has worked…

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