Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+ Analysts on Wall Street are becoming far more bullish on oil prices, after OPEC+ announced voluntary output cuts totaling 1 Zenger · Apr 5, 2023
Is A Copper Rally on the Horizon? Copper is sitting in the middle of its trading range since March 2022. At just under $4 per pound, the price had consolidated throughout Q1 2023. The red nonferrous metals with increasing demand and applications could be on a launchpad to the upside to another in a long series of… Barchart · Apr 4, 2023
Why Leonardo DiCaprio Testified at Trial of Fugees Rapper Leonardo DiCaprio testified Monday at the trial of former Fugee rapper Prakazrel “Pras” Michel, who is accused of conspiring to funnel money from a Malaysian state fund to Barack Obama’s 2012 reelection campaign. Asharq Al-Awsat · Apr 4, 2023
Why Leonardo DiCaprio testified at trial of Fugees rapper Leonardo DiCaprio testified Monday at the trial of former Fugees rapper Prakazrel “Pras” Michel because both men have ties to a Malaysian businessman at the center of a massive international scandal The Independent UK · Apr 3, 2023
OPEC+ pricing power is ‘higher than it’s ever been’ after oil cuts, Goldman Sachs says Oil-producing allies approved another oil production cut that could deal damage to the West. Fortune · Apr 3, 2023
Avison Young wins Paradise brief Property agency will manage the latest office block to open at the £1.2bn city centre project Birmingham Post · Apr 3, 2023
Stocks Set to Open Mostly Lower as Inflation Worries Return after OPEC+ Surprise June S&P 500 futures (ESM23) are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.61% this morning after three major U.S. benchmark indices rallied on Friday as signs of cooling inflation bolstered hopes that the Fed may be close to ending its rate-hiking cycle. Barchart · Apr 3, 2023
Housing market correction weakens—where 7 revised forecast models see U.S. home prices going from here As the housing market moves into its busier seasonal period, the correction is losing steam. Some markets are rising again. Fortune · Apr 1, 2023
Average Wall Street bonuses plummeted in 2022 to $176,700 Bonuses now at pre-pandemic levels, after profits started to fall for firms as inflation rose and fears of recessions started to hit The Guardian - US · Mar 30, 2023
Stocks Set to Open Higher as Investors Await Key U.S. GDP Data, Bank Fears Continue to Ease June S&P 500 futures (ESM23) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.27% this morning after three major U.S. benchmark indices ended the regular session with solid gains as risk appetite continued to rebound from turmoil in the banking sector, while upbeat outlooks from several… Barchart · Mar 30, 2023
Tools like ChatGPT could lead to major job losses across the world Report claims the way we work may fundamentally change as generative AI enhances productivity, and threatens to take jobs. TechRadar · Mar 29, 2023
ChatGPT, Warren Buffett And Elon Musk Collide To Make A New AI Tool For Financial Documents An engineer is utilizing one of the biggest AI tools to analyze financial documents from an AI company using the investment style Zenger · Mar 29, 2023
Your job could be at risk as Artificial Intelligence may replace 300 million workers in the future New advanced AI's could have a significant impact on the job market and even replace some roles in according to a detailed report Daily Mirror · Mar 29, 2023
Goldman Sachs says the banking meltdown is a 'headwind' for the economy but not a recession-causing 'hurricane' Goldman's chief economist believes tighter lending standards after SVB's collapse will help fight inflation instead of causing a "hurricane that pushes the economy into recession." Fortune · Mar 28, 2023
Fortune · Mar 28, 2023 Homes are less affordable than at any time since 2008 According to the Federal Reserve Bank of Atlanta, the pandemic has coincided with a historic deterioration in housing affordability.
Fortune · Mar 27, 2023 ‘There is no alternative’ has been the order of the day for investors since 2008. Not anymore, Goldman Sachs says Investors are going to sell $750 billion worth of stock this year. Welcome to “TARA” world.
Fortune · Mar 27, 2023 The $1.5 trillion opportunity: Closing the credit gap for women entrepreneurs Working to close this gender investment gap is not only the right thing to do, it’s the smart thing to do: it is economic growth left on the table.
The Guardian - UK · Mar 26, 2023 Caught in the FTX storm: how a crypto high-flyer fell to Earth The Maps payments app run by British-educated cryptocurrency tycoon Alex Grebnev, who was backed by Sam Bankman-Fried, has lost its Mastercard partnership amid a row over Russian users
Fortune · Mar 25, 2023 How Credit Suisse redefined the IPO market during the Dot-Com boom—then lost its grip and spiraled into scandal In the glory days of Credit Suisse, investment banker Frank Quattrone helped put Silicon Valley on the map.
Fortune · Mar 24, 2023 The U.S. housing market is holding up the best in the global correction—here's how far Goldman Sachs see global home prices falling Goldman sees U.S. home prices having their second-biggest decline since World War II—but it's not even close to the Great Recession
Salon · Mar 23, 2023 Fed risks throwing millions out of work "The Fed is playing with fire," warns former Labor Secretary Robert Reich
The Independent UK · Mar 23, 2023 How Rishi Sunak made his money PM and wife Akshata Murty worth a reported £730m
The Guardian - US · Mar 21, 2023 To prevent more bank runs, the Fed should pause rate hikes Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?
Zenger · Mar 20, 2023 Ackman Says Bank Of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence Billionaire investor Bill Ackman said Friday that Bank of America will buy Signature Bank on Monday as other banks face peril
The Guardian - US · Mar 16, 2023 US banks launch $30bn rescue of First Republic to stem spiraling crisis Bank of America, Goldman Sachs, JP Morgan agree to prop up troubled bank after its shares tumbled amid wider turmoil