Michael Burry Remains Bearish Despite S&P 500 Reaching Record Highs, Warns of 1987-Style Crash
Despite the S&P 500 index surging to a new record high, Michael Burry, the investor famously depicted in "The Big…
Finance & Investment
Philadelphia Fed President Paulson: Current Interest Rates Are ‘Mildly Restrictive’ and Sufficient for Inflation Reduction
Philadelphia Federal Reserve President Anna Paulson stated on Tuesday that she believes the current level of interest rates is adequately…
China’s Domestic Tourism Faces Unexpected Weakness Amid Broader Economic Slowdown, While Inbound Luxury Travel Shows Promise
SHANGHAI, CHINA – JUNE 29, 2026 – Chinese and foreign tourists visit historical buildings at night near the Bund in…
July Jobs Report: Prediction Markets Signal Potential Disappointment Amidst Lingering Labor Force Concerns
Los Angeles, California – July 29, 2026 – As the Bureau of Labor Statistics (BLS) prepares to unveil its comprehensive…
California’s Elevated Diesel Prices Create a Hidden Tax for Consumers Nationwide
California, a state renowned for its stunning coastline and innovative spirit, is currently grappling with another distinction: the highest fuel…
Visa Acquires Fraud Detection Startup BioCatch for $2.4 Billion to Bolster Cybersecurity Amidst Escalating AI-Powered Scams
Visa, a global leader in digital payments, announced on Monday its definitive agreement to acquire BioCatch, a prominent fraud detection…
Gundlach Warns Fed Must Raise Rates to Achieve 2% Inflation Target Amidst Treasury Market Skepticism
DoubleLine Capital CEO Jeffrey Gundlach has asserted that the Treasury market is conveying a clear message: the Federal Reserve must…
