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Recessions and depressions

Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

by Adrian Jhonsan
Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial …

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Categories World

Runway getting clearer, U.S. economy still not assured of soft landing

by Adrian Jhonsan
Runway getting clearer, U.S. economy still not assured of soft landing

A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images November’s solid jobs report did not assure …

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Categories World

OxyContin maker bankruptcy deal goes before the Supreme Court on Monday, with billions at stake

by Shawn Butlere
OxyContin maker bankruptcy deal goes before the Supreme Court on Monday, with billions at stake

WASHINGTON — The Supreme Court is hearing arguments over a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from …

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Categories Health

Psychology of Money author Housel gives advice to scared investors

by Adrian Jhonsan
Psychology of Money author Housel gives advice to scared investors

The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing how inevitable it is makes it more palatable to deal …

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Categories World

Lacking counselors, US schools turn to the booming business of online therapy

by Shawn Butlere
Lacking counselors, US schools turn to the booming business of online therapy

Trouble with playground bullies started for Maria Ishoo’s daughter in elementary school. Girls ganged up, calling her “fat” and “ugly.” Boys tripped and pushed her. The California mother watched her …

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Categories Health

NewEdge Wealth sees record rush intensifying

by Adrian Jhonsan
NewEdge Wealth sees record rush intensifying

The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s …

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Categories World

2024 will get really sloppy in first half

by Adrian Jhonsan
2024 will get really sloppy in first half

Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 …

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Categories World

Legendary investor’s firm launches new fund targeting ‘quality’ stocks

by Adrian Jhonsan
Legendary investor’s firm launches new fund targeting ‘quality’ stocks

Legendary value investor Jeremy Grantham is betting on a special caliber of stocks with his firm’s first active ETF: the GMO U.S. Quality ETF.   And he put GMO partner Tom …

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Categories World

Big mistake if you park your money forever in bonds

by Adrian Jhonsan
Big mistake if you park your money forever in bonds

Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of high interest rates and an aversion to risk taking are …

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Categories World

Even with economic worries, Vivid Seats CEO says customers still pay to see sports and hair bands

by Shawn Butlere
Even with economic worries, Vivid Seats CEO says customers still pay to see sports and hair bands

rewrite this content and keep HTML tags NEW YORK — Strong spending by consumers has been a linchpin keeping the U.S. economy out of a recession, and Vivid Seats CEO …

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