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Elon Musk Issues Stark Warning Amid Rising National Debt: "...The Dollar Will Be Worth Nothing"

Elon Musk has voiced concerns about the future stability of the U.S. dollar, highlighting the escalating national debt as a potential catalyst for a looming economic crisis. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

King of Prussia e-commerce firm selling division, warns of potential employee impact

Radial's roots trace back to GSI Commerce, a company founded by Main Line entrepreneur Michael Rubin that sold to eBay for $2.4 billion in 2011......»»

Category: topSource: bizjournalsMay 3rd, 2024

Job Market Cools In April: Payrolls Miss Forecasts, Wages Rise Less Than Expected

U.S. labor market misses April expectations, signaling slower economic growth and potential interest rate cuts. Stocks rise, Treasury yields fall. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

Mortgage Rates Increase for Fifth-Straight Week

The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, according to the latest Primary Mortgage Market Sur.....»»

Category: realestateSource: rismediaMay 2nd, 2024

Another Rate Hike Coming In 2024? Macquarie Economists Reverse Forecast: Warn Of "Increasingly Ominous" Policy Rate Change

The economic outlook for 2024 is taking an unexpected turn as economists at Macquarie have revised their predictions for interest rates, now suggesting a potential hike. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Fisker warns staff they could be laid off and its facility could be closed to workers in 2 months

Fisker told employees they could be laid off from the company effective June 28. Getty/Jeff FuscoFisker warned staff of potential layoffs in two months, accordi.....»»

Category: topSource: businessinsiderApr 29th, 2024

WEF President Warns Of Alarming Global Debt Levels Approaching Historic Highs: "We Cannot Get Into A Trade War"

Borge Brende, the president of the World Economic Forum, expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Stagflation Spectre Haunts US Economy: Experts Warn On Slow Growth And Inflation After Fed Officials Float Rate Hike Ideas

The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Bitcoin Faces "Second Danger Zone" As Analyst Warns Of Potential Downside: Here"s What To Expect

Bitcoin (CRYPTO: BTC) is currently in a precarious position, with a potential downside looming, according to a prominent crypto analyst. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

The more Americans who take Ozempic, the faster the US economy could grow, Goldman Sachs says

With the US obesity rate hovering at around 40%, tens of millions of Americans could take GLP-1 drugs over the next few years. .....»»

Category: smallbizSource: nytApr 26th, 2024

Real estate experts share a message for home buyers as they predict rising home prices through 2025

Dolly and Jenny Lenz of Dolly Lenz Real Estate tell potential home buyers to "jump in" to the market if they can as the industry faces series of challenges......»»

Category: realestateSource: foxnewsApr 25th, 2024

Billionaire Investor Howard Marks Warns Against Overconfidence In AI Stocks: "Every Bubble Starts From Widespread Conviction"

In a recent interview, billionaire investor Howard Marks cautioned against overconfidence in Artificial Intelligence (AI) stocks, stressing that the technology’s transformative potential does not make it immune to market crashes. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Peter Schiff Warns Bitcoin Hodlers: "It"s A Long Way Down" If King Crypto Can"t Hold $60K

Renowned economist and cryptocurrency skeptic, Peter Schiff, warned Bitcoin (CRYPTO: BTC) holders of a potential drop if the coin fails to hold the $60K support level. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Russian Minister Warns "Westerners Are Teetering Dangerously" Towards Potential Nuclear War As NATO-US Extend Ukraine Support

Lavrov stated that the Western countries' support of Ukraine is fueling serious strategic risks, thereby increasing the chances of a direct clash between major nuclear powers. read more.....»»

Category: blogSource: benzingaApr 22nd, 2024

Billionaire Investor Ray Dalio Is Sticking With Gold As A Hedge Against Inflation: "History And Logic Show That ..."

Ray Dalio, the billionaire investor, is holding on to gold as a hedge against the potential risks of rising inflation and a looming debt crisis. read more.....»»

Category: blogSource: benzingaApr 22nd, 2024

3 High-Yield Dividend-Paying Stocks Bucking Today’s Downward Trend

Now that the Federal Reserve has thrown a potential wrench into the interest rate ga.....»»

Category: worldSource: nytApr 17th, 2024

Wall Street Experts Dismiss Rate Cut Fears, Middle East Tensions, Predict Bull Market"s Continuation

Despite recent concerns, Wall Street veterans are confident that the bull market will persist, citing a robust U.S. economy and the potential of artificial intelligence (AI) as key drivers. read more.....»»

Category: blogSource: benzingaApr 17th, 2024

Elon Musk Warns AI"s Potential To Lie For Political Correctness Poses Threat To Humanity: "Would Be Very Dangerous"

Tech billionaire and xAI founder Elon Musk expressed concern over the potential dangers of AI being trained to lie for political correctness. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

The possibility of Ukraine"s army collapsing cannot be ruled out a US official has warned, report says

US official warns of a potential Ukraine's army collapse due to ammunition sho.....»»

Category: smallbizSource: nytApr 13th, 2024

Fundstrat"s Tom Lee Encourages Investors to Seize Market Dip Amid Inflation Concerns, June Rate Cut Remains Feasible

In the wake of a market sell-off triggered by the inflation report, investors are being urged to buy stocks, with Fundstrat suggesting a potential June rate cut is still on the table. read more.....»»

Category: blogSource: benzingaApr 11th, 2024