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Recessions and depressions

Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

by Adrian Jhonsan
Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m …

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Majority of people in Singapore positive on the economy: SurveyMonkey

by Adrian Jhonsan
Majority of people in Singapore positive on the economy: SurveyMonkey

Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey’s 2024 poll. Damircudic | E+ | Getty Images Majority of the residents in Singapore are bullish about where …

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Categories World

Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

by Adrian Jhonsan
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …

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Vice Media says ‘several hundred’ staff members will be laid off, Vice.com news site shuttered

by Shawn Butlere
Vice Media says ‘several hundred’ staff members will be laid off, Vice.com news site shuttered

rewrite this content and keep HTML tags NEW YORK — Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s …

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Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

by Adrian Jhonsan
Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and …

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Amazon will invest in Diamond Sports as part of a bankruptcy restructuring agreement

by Shawn Butlere
Amazon will invest in Diamond Sports as part of a bankruptcy restructuring agreement

rewrite this content and keep HTML tags Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge …

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Categories Entertainment

Big Short’s Steve Eisman worries investors are too bullish in 2024

by Adrian Jhonsan
Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …

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This strategy can help you meet your financial New Year’s resolutions

by Adrian Jhonsan
This strategy can help you meet your financial New Year’s resolutions

Young woman counting money. Jose Luis Pelaez Inc As the calendar turns to a new year, many Americans are vowing to change their money habits. To that point, 48% of …

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The U.S. avoided a recession in 2023. What’s the outlook for 2024?

by Adrian Jhonsan
The U.S. avoided a recession in 2023. What’s the outlook for 2024?

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Heading into 2023, the predictions were nearly unanimous: a …

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Is the U.S. in a silent depression? The TikTok theory explained

by Adrian Jhonsan
Is the U.S. in a silent depression? The TikTok theory explained

A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably …

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Categories World
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