On Friday, Cleveland Federal Reserve President Loretta Mester said she sees no evidence of inflation having peaked, and supports a series of aggressive rate hikes to further tame inflation. Mester…

Speaking on Bloomberg’s Wall Street Week, Larry Summers, Harvard Professor, former Director of the National Economic Council, and Treasury Secretary under Bill Clinton, said that inflation will not get “close…

At Elliot Management, Jay Newman became a legend when he led their successful campaign to get Argentina to pay $2.4 billion in defaulted debt. In the process, he even oversaw…

A majority of Americans feel there is either a recession underway, or there is one coming, according to a recent Maru Public Opinion Survey. A little over half report being…

Some analysts are bullish on the market’s potential to rebound now that OPEC+ has promised to increase output to ameliorate the effects of the war in Ukraine on energy prices.…

US stocks fell Friday, as investors struggled to process a strong jobs report, and how it might affect the Fed’s monetary policy. The DJIA dropped 1.1%, or 348.58 points to…

Despite the latest jobs report, Tech companies are putting the brakes on hiring as the economy heads into uncertain territory. For the past few months, tech companies have been either…

Larry Fink, CEO of Blackrock, thinks investors are underestimating the potential effects of a spike in inflation. At a virtual event hosted by Deutsche Bank AG on Wednesday, Fink said,…

Rising gas prices may finally be affecting the economy, new data indicates. Gas consumption has been declining at 3-5% for the past seven weeks, and is 3% lower than last…

The latest jobs report showed a hot labor market remained in May, despite the Fed tightening monetary policy and the fears of an inflation-triggered economic slowdown. The report showed there…