Browsing: inflation
Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
Barry Sternlicht, co-founder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the…
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’
Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire investor who made his money working alongside George Soros, has been…
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
The battle is all about rarefied graphite, an essential material for EV batteries. The federal government sent carmakers scrambling in…
Target treks off the beaten path amid sales slump—by selling its own-brand products at other retailers
Target is continuing to lean into its familiar strategy of private-label brands that have brought the Minnesota-based company $30 billion…
Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says
The April jobs report came in below economists’ expectations, giving them hope a softer labor market could ease pressure on…
Swedish companies are going bust at a ‘remarkable’ rate, with bankruptcies up 72% since last year
Bankruptcies in Sweden extended their streak of annual increases to 21 months in April, according to data from Creditsafe, which…
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about
After three hot inflation reports to start the year and some disturbing signs of persistent price pressures in the first-quarter…
new video loaded: ‘Lack of Further Progress’ on Inflation Keeps Interest Rates HightranscriptBacktranscript‘Lack of Further Progress’ on Inflation Keeps Interest…
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
Officials from several institutions warn a tipping point is near and it will only get worse if it snowballs into…
Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success
Coca-Cola sales are flat, but its profits are fizzy. The beverage behemoth posted $11.30 billion in first-quarter revenue on Tuesday,…