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Why Billionaire Ray Dalio Is Warning About a Potential Economic ‘Death Spiral’
Dalio is joining a growing chorus of financial experts raising alarms about growing government debt and what it could mean for the economy.
Elon Musk just had one of his biggest single-day net worth losses
Elon Musk's explosive feud with President Donald Trump on Thursday began with some X posts. Then came Musk's $34B net-worth loss.
Circle IPO: Stock Jumps Nearly 170% in First Day of Trading
Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of stablecoins. The stock, which more than doubled in its first few minutes of trading
Dow's 140-point drop led by losses in shares of NVIDIA Corp., UnitedHealth
Dragged down by losses for shares of NVIDIA Corp. and UnitedHealth, the Dow Jones Industrial Average is declining Thursday afternoon. Shares of NVIDIA Corp. and UnitedHealth have contributed to the
The May Jobs Report Comes Out Friday—Here's What You Need to Know
Key Takeaways The Bureau of Labor Statistics' monthly employment report is scheduled to be released Friday morning.The report could have implications for the broader economy, as many watch to see how
Trump-Xi Call on Tariffs and Trade Leaves Plenty of Problems
Markets rose after the call on the notion that Trump would back down on the tariffs when they become too disruptive, but ended lower. “From an investor perspective in the short-term because there’s
China's exports likely slowed in May amid trade uncertainties: Reuters poll
Growth in China's exports likely slowed in May despite a lowering of U.S. tariffs on Chinese goods, as the fallout from the still-unresolved trade war and uncertainties in Sino-U.S. ties weighed on
Private Markets Are Crowding Out Public Markets. Where’s the SEC?
We’re witnessing a massive migration from capital activity regulated by the SEC into an ecosystem with much less oversight.
Asian shares mostly gain ahead of Friday's US jobs report
Asian shares were mostly higher Friday ahead of an update on the U.S. job market that will offer insights into how the economy is faring. U.S. futures edged higher and oil prices fell. Tokyo's Nikkei
Hiring Is Slowing Despite More Job Openings. Here’s Why Tariffs Are to Blame
Continued economic uncertainty from the administration’s economic policies makes it hard for businesses to add workers, and for workers to decide to change jobs.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts.
Indonesia wealth fund considers stake in Grab-GoTo deal, Bloomberg News reports
(Reuters) -Newly launched sovereign wealth fund Danantara Indonesia is in early talks with GoTo to get a piece of U.S.-listed rival Grab's potential buyout of the ride-hailing and food delivery firm,
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