Bank of America said the change in outlook from its U.S. economics team was a key driver behind their India stock market prediction.
Cat-sitting to save on travel costs? I looked after 5 and got a free place in Spain for two weeks
Cat-sitting in Mallorca, Spain, allowed me to live like a local, exploring the island’s beaches, mountains and food. I even borrowed the cat-owner’s car.
Obesity drug Wegovy’s landmark trial result could ‘open up’ health insurance access, analyst says
Popular weight-loss drug Wegovy could be made available under more health insurance schemes after the results of a late-stage trial pointed to the drug’s efficacy in reducing cardiovascular events, analysts said Wednesday.
China hawk says Beijing could attack Taiwan by 2024, bringing ‘war to the West’
Prominent China hawk Kyle Bass told CNBC Tuesday that he believes Chinese President Xi Jinping is determined to “bring war to the West,” with an invasion of Taiwan likely by 2024.
The Fitch Downgrade: The Principal–Agent Problem in Modern Finance
Fitch Ratings’ US credit downgrade highlights a latent principal–agent problem in modern financial markets: Investors have outsourced much of their risk management to the rating agencies.
PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here’s why
The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC. Crypto chief Jose Fernandez da Ponte explains why.
From $40 billion to ‘going concern’ — WeWork warns of possible bankruptcy
With losses mounting and cash dwindling, WeWork said in a filing that there’s doubt about its potential as a “going concern.”
Penn Entertainment sells Barstool Sports back to founder Dave Portnoy
The outspoken founder of Barstool Sports is once again the owner of his media brand, after buying it back from Penn Entertainment.