The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio.
In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.
The Federal Trade Commission (FTC) is investigating the $3.9 billion transaction between Amazon.com Inc. (NASDAQ: AMZN) and 1Life Healthcare Inc. (NASDAQ: ONEM).
President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt.
Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST:
A few years ago, Elon Musk told Rolling Stone, “Climate change is the biggest threat that humanity faces this century," touting his electric vehicle company, Tesla Inc. (NASDAQ:
House Speaker Nancy Pelosi, a California Democrat whose visit to Taiwan on Tuesday is heating up Sino-American relations, is a longtime critic of China and has been a forthright human rights advocate throughout her career.<