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Jamie Dimon says he still sees a recession on the horizon
Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has warned of an economic “hurricane” since 2022.
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‘Mag 7’ stocks are cheap and a buy after sell-off as long as no recession, Morgan Stanley says
This week’s steep sell-off in the market’s reigning technology leaders could be a buying opportunity for investors, according to Morgan Stanley.
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Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
Warner Bros. Discovery reports earnings after the bell.
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As inflation fury lingers, politicians join customers in pushing companies to cut prices
Companies like Kroger, Walmart and McDonald’s are getting caught in the political messaging around inflation ahead of the 2024 election.
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A Citi exec hounded a broker for 4 years with messages like ‘nice feet’—but when the broker complained, she was the one forced to apologize
Christine O’Reilly’s supervisor at ICAP ignored her complaints to protect a client who was bringing in millions, suit claims.
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Gen Z and millennials continue to dump dating apps
Increasing the number of paying users has been key to Bumble’s growth strategy, but progress has slowed since late 2021.
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Steve Mnuchin calls for a culling of the 20-year Treasury bond he reintroduced
“I would not keep issuing them,” Mnuchin, who served as Treasury Secretary under then-President Donald Trump. “It’s just costly to the taxpayer.”