China’s economy is plagued with problems and is a “ticking time bomb,” President Biden said. The president pointed to sluggish growth and high unemployment in the nation. China has seen a so-far disappointing economic recovery since dialing back pandemic restrictions. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading President Biden says China’s economy is a ‘ticking time bomb’ amid growth and demographic issues
China’s economy is showing signs of serious trouble — and the problems are still mounting
China’s post-pandemic rebound hasn’t materialized and it faces mounting economic obstacles. Beijing is grappling with declining trade and foreign investment, a shaky housing market, and deflation. Experts say most of China’s issues are self-inflicted, and warn that policies must change to improve confidence. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading China’s economy is showing signs of serious trouble — and the problems are still mounting
Why WeWork may be the next hot meme stock
Warning investors you company could be on the verge of bankruptcy is not as bad as it sounds in meme-stock world.Companies that have recently warned of imminent bankruptcy have seen their stock prices soar.WeWork is the latest company to enter meme status with a surging stock price despite bad news. Loading Something is loading. Thanks… Continue reading Why WeWork may be the next hot meme stock
A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks
Alpesh Patel has been experimenting with ChatGPT’s ability to pick good stocks from the NYSE and Nasdaq. He found that with the right prompts and correct data, it could make phenomenal choices. But it’s not just something you can flick on, there is a process. The race for the latest and greatest technology for trading… Continue reading A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks
Americans can’t get a break thanks to surging mortgages, food and fuel costs. Here’s all the ways consumers are getting screwed.
The cost of living, eating and driving is going up, leaving consumers with nothing but empty wallets. Americans can’t get a break financially, largely thanks to higher interest rates and “greedflation.” Here’s all the ways consumers are getting screwed and why. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Americans can’t get a break thanks to surging mortgages, food and fuel costs. Here’s all the ways consumers are getting screwed.
US stocks drop after wholesale inflation comes in hotter than expected
Matthew Fox : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Spencer Platt/Getty US stocks fell on Friday after the July Producer Price Index showed higher inflation than expected.The higher inflation report was driven by services, with prices rising 0.3% in July compared… Continue reading US stocks drop after wholesale inflation comes in hotter than expected
US stocks finish the week mostly lower as July inflation data comes in mixed
Matthew Fox Lucas Jackson/Reuters US stocks finished the week mostly lower as investors digest mixed inflation data.While the July CPI report came in lower than expected, the producer price index was higher than economist estimates.The conflicting data will serve as a major input into the Federal Reserve’s next interest rate decision. Loading Something is loading.… Continue reading US stocks finish the week mostly lower as July inflation data comes in mixed
The US housing market hits a record value of $47 trillion as the inventory shortage fuels a price boom
The US housing market just reached a new all-time high valuation of $47 trillion, Redfin reported. That surpassed the previous record of $46.6 trillion set a year earlier. Low inventory has pushed up home values, according to a Redfin analysis of 90 million US residences. Loading Something is loading. Thanks for signing up! Access your… Continue reading The US housing market hits a record value of $47 trillion as the inventory shortage fuels a price boom
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