Bill Ackman Is Long The American Wallet: Big Bets On Lowe’s, Chipotle And Others
Pershing Square Holdings founder Bill Ackman affirmed a bullish stance on the consumer discretionary sector Monday, with his…
Clock Ticking As Republicans Dismiss Biden’s Tax Plans As Debt Ceiling Showdown Intensifies
Negotiations to raise the U.S. federal debt ceiling met fresh snags after the White House presented congressional Republican leaders with a list of proposals to reduce the deficit by closing tax loopholes on Monday, which were universally rejected by the GOP.
‘Big Short’ Investor Isn’t Shorting Bank Stocks, He’s Buying Them By The Heap
Famed “Big Short” investor Michael Burry made some changes to his portfolio, signaling a newfound interest in banking…
Vice News Bankruptcy Bombshell: Media Giant’s Stunning Collapse As $5.7B Valuation Evaporates
Vice Media, a one-time digital publishing titan, filed for Chapter 11 bankruptcy on Monday, marking a dramatic fall…
‘RUMOR: Elon Musk To Step Aside At Tesla And Twitter’ – CleanTechnica
https://cleantechnica.com/2023/05/12/rumor-elon-musk-to-step-aside-at-tesla-and-twitter/
US Producer Prices Rise Less Than Expected In April, Cementing Hopes Of Fed Hold In June
The Producer Price Index (PPI) for final demand rose 0.2% month-over-month in April, rebounding after the revised 0.4% drop in March but coming in below the expected 0.3% increase, the U.S. Bureau of Labor Statistics reported Thursday.
CPI Reactions: S&P 500 Eyes Bull Market, Dollar Sinks, Treasuries And Gold Climb As Markets Embrace Potential Fed Pause
Market risk appetite soared on Wednesday, with the U.S.
CPI Inflation Slows To 4.9% In April, Fueling Market Hopes Of Fed Rate Pause In June
The Consumer Price Index (CPI) in the United States came in at 4.9% year-over-year in April, slightly below the 5% increase seen in March and the 5% forecasted by economists.
Amazon Begins Laying Off Employees In An Effort To Strengthen Cost Structure
Amazon.com, Inc. (NASDAQ: AMZN) started laying off staff in its cloud and PXT (People eXperience and Technology) divisions.
Tucker Carlson ‘Parts Ways’ With Fox News Amid $787M Settlement With Dominion
Fox Corp (NASDAQ: FOX) (NASDAQ: FOXA) and Tucker Carlson have agreed to part ways, the media company said in an abrupt statement Monday.