Morgan Stanley Warns Bear Market ‘Not Over,’ Even If We Avoid Recession
American multinational investment bank Morgan Stanley has warned that the current bear market is “not over” amid recent positive signals.
Nick R. Hamilton
Sri Lanka Placed under Emergency Declaration Ahead of Vote for New President
Crisis-hit Sri Lanka’s acting president has declared a state of emergency across the island nation ahead of the parliamentary vote for the country’s new leader.
Retail Sales Rose in June but Down When Inflation Taken into Account
Retail sales in the United States saw a 1 percent rise in June but were down when the impact of inflation is taken into account.
Recession Barometer Copper Plummets in Ominous Sign for World Economy
The price of copper, widely considered a barometer to predict a global recession, has plummeted in an ominous sign for the world economy.
Defaults to Soar amid ‘Extremely High’ Recession Risk and Rising Borrowing Costs
Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an “extremely high” risk of recession, a group of finance industry leaders is warning.
Twitter Back Online for Many Users after Suffering Global Outage
Twitter was coming back online on Thursday after an hour-long outage kept thousands of users across the globe from accessing the social media website.
Elon Musk Increasing Childcare Benefits at His Companies to Tackle ‘Underpopulation Crisis’
Tech entrepreneur Elon Musk has announced that he is significantly increasing childcare benefits at his companies as part of his plan to help tackle the “underpopulation crisis.”
Truth Social CEO Devin Nunes: Musk Figured Out Twitter Is ‘Just a Global PR Wire’
Truth Social CEO Devin Nunes has weighed in on the Twitter buyout deal falling through, noting that Elon Musk realized that the social media giant is “just a global PR wire.”
Air Transport Association Chief Warns Flights to Get More Expensive: ‘Without a Doubt’
The cost is air travel is going to continue increasing with flight prices expected to soar, the International Air Transport Association (IATA) chief has warned.
Face-Recognition Technology Puts SoftBank Between China and US
A SoftBank-owned company is thriving by offering face-recognition technology that is fuelled by a blacklisted Chinese firm.