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Investor Who Predicted The 2008 Financial Crisis Issues Fresh Warning: ‘Possible a 1987-Type Fall”
Investor Michael Burry, best known for predicting the 2008 housing market collapse, has renewed his warning that U.S. equities could be nearing a major turning point, saying current market...
The Houthis Said They Struck a Saudi Tanker In The Red Sea Despite U.S.-Iran Talks. Brent Crude Is Up
Yemen's Houthi rebels said they again struck a Saudi tanker in the Red Sea as they continue to enforce what they have described an embargo on the country's oil...
Fed’s Kashkari Backs His Vote To Hike Interest Rates: ‘Now Is The Time’
Minneapolis Federal Reserve President Neel Kashkari backed his decision to vote in favor of hiking interest rates in last week's meeting, saying now is "the time to start slowly...
Trump Hails ‘Very Good Discussions’ With Iran. Says Deal To Reopen Hormuz Strait Could Be Imminent
President Donald Trump said the U.S. is having "very good discussions" with Iran and a deal to reopen the Strait of Hormuz could be announced imminently. Anna Moneymaker/Getty Images...
The S&P 500 Is at Record Levels. But Some Analysts Aren’t Ready to Celebrate a Breakout Yet
The S&P 500 has climbed back to record territory, but technical analysts on Wall Street say investors should resist declaring victory until the benchmark clears one critical hurdle of...
The Fed Is Considering Fewer Policy Meetings. The Proposal Could Mark the Biggest Process Change in Decades.
The Federal Reserve could soon make one of the most significant changes to its monetary policy process in decades as Chair Kevin Warsh reportedly considers reducing the number of...
The Deportation Of a Colombian Activist Illustrates How Partisan Bogota-Washington Relations Have Become
The deportation of Colombian activist Beto Coral signals a deeply partisan (and personal) tightening of U.S. and Colombian relations, according to political experts.Coral, a Colombian activist and prominent critic...
A Report Has Found That a Republican Lawmakers Sexually Harassed Staff Members. He Now Faces Calls To Resign
A Republican congressman found to have violated House rules regarding sexual harassment and creating a hostile work environment is facing calls to resign.Axios reported that the Democratic Women's Caucus...
White House Completes New AI Framework. Its Rules Are Still Not Public
The White House has completed a long-awaited voluntary framework for evaluating the nation's most advanced artificial intelligence models, meeting a deadline established by President Donald Trump's June executive order.However,...
SpaceX Delivered a Strong Earnings Beat After Its Historic IPO. But Questions About Starlink and AI Spending Remain And The Stock Fell.
SpaceX exceeded Wall Street expectations in its first quarterly earnings report as a publicly traded company on Tuesday, reporting stronger-than-expected revenue and profitability in the first detailed look at...