Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’
Bridgewater founder Ray Dalio said that he is worried about a breakdown of the global monetary order. ...
Economy
Pfizer scraps daily weight loss pill after liver injury in one patient
The decision to stop developing danuglipron adds to a string of setbacks in the pharmaceutical giant's bid to win a…
More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says
A rising share of America's top executives sees a recessionary period on the horizon. ...
Goldman Sachs tops estimates on boom in equities trading revenue
Goldman Sachs may prove to be a beneficiary of the recent market environment. ...
Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House
In Austin, Apple, Google, and Cash App alums ditch big paychecks for bitcoin, backed by VCs, crypto friendly policy and…
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100…
Investors are growing concerned about a U.S. asset exodus as Treasuries and the dollar decline
The combined decline of U.S. stocks, bonds and the dollar could be a sign of a broader shift away from…
Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible'…
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make…