Jeremy Siegel thinks the odds of Wall Street hitting earnings estimates have greatly improved. That’s because events that increase the likelihood of higher rates also lower the odds of a recession. He added that he thinks Jerome Powell favors a…
The combined market value of Adani Group’s companies fell below $100 billion on Tuesday, per Bloomberg. The 10 listed companies have wiped out over $136 billion in market cap since a short-seller’s bombshell report. Adani is struggling to calm nerves…
US stocks have surged too high and are now in a “death zone”, Morgan Stanley’s Mike Wilson said. “Investors have followed stock prices to dizzying heights once again,” he warned in a recent note. Wilson has predicted the S&P 500…
Beijing is planning to give nearly $6 a month in subsidies to the city’s low-income residents. The subsidy is meant to help defray rising inflation in the capital city. The $6 a month subsidy triggered many Chinese social media users…
At least 14 people were injured Monday in an explosion at a metal factory outside of Cleveland. The blast sent a shower of molten metal debris over the surrounding area. The explosion site is 70 miles from East Palestine, where…
President Joe Biden said he was “honored” to return to Kyiv on his surprise visit Monday. “Kyiv has captured a part of my heart,” Biden said in a tweet Monday morning. “I knew I would be back.” Biden had visited…
George Santos told Piers Morgan he used to say he was “Jew-ish” as a party joke. He also said he has taken four DNA tests to prove that his maternal grandparents are actually Jewish. Santos claimed his grandparents fled Belgium…
Rep. Marjorie Taylor Greene once against suggesting splitting up the US by “red” and “blue” states. Greene called the idea a “national divorce” for people sick of Democrats’ “traitorous” policies in a tweet on President’s Day. The GOP lawmaker made…
When you buy through our links, Insider may earn an affiliate commission. Learn more. Presidents’ Day lands on February 20 and it’s the first major sales event of the year. The holiday offers the best savings on mattresses, furniture, TVs,…
Volodymyr Zelenskyy said Monday that China allying with Russia would lead to another world war. The Ukrainian president expressed his hope that China backs Ukraine over Russia in the ongoing war. US officials have expressed concern that China could support…
