Spencer Platt/Getty Images Financial markets are headed for a “huge crash,” the bearish hedge fund manager Mark Spitznagel says. He told Intelligencer he thought the US was in the biggest credit bubble in history. Bursting that bubble could “burn down the whole forest,” he said. One of Wall Street’s most […]
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During the historic run-up in inflation, America’s biggest consumer brands justified their pandemic-era price increases by pointing to the ways COVID shocked the economy and the higher costs of doing business. Now that these broad conditions are subsiding, there are signs consumers are less willing to pay up. As labor […]
A Canadian man is calling electric vehicles the “biggest scam of modern times” after his frustrating experience with an electric truck. Dalbir Bala, who lives in the Winnipeg area, bought a Ford F-150 Lightning EV in January for $115,000 Canadian dollars (around $85,000 U.S. dollars), plus tax. Ford said the […]
CNN — Apple on Monday unveiled its most ambitious – and riskiest – new hardware product in years: a mixed reality headset called the Apple Vision Pro. Apple (AAPL) CEO Tim Cook touted the Vision Pro, which combines virtual reality and augmented reality, as a “revolutionary product,” with the potential […]
Asian American, Native Hawaiian and Pacific Islander women are one of the fastest-growing demographics of entrepreneurs — but the lingering Covid-19 pandemic has exacerbated existing problems for these women and the families who depend on their income. More than two million businesses in the U.S. are owned by Asian Americans […]
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase in wholesale auto prices month over month, however it dropped a […]
U.S. stocks extended this week’s dramatic ascent on Friday after deceleration in CPI inflation data ignited the most intense rally on Wall Street since early 2020. The S&P 500 (^GSPC) rose 0.9%, notching its biggest winning week since June, while the technology-heavy Nasdaq Composite (^IXIC) gained 1.9%. The Dow Jones […]
© India Today Group 8 out of top-10 most valued firms’ m-cap zooms Rs 1.90 lakh cr; Bajaj finance biggest gainer Eight out of top 10 most valued firms added Rs 1.90 lakh crore in their market capitalisation last week. Bajaj Finance emerged as the biggest gainer out of all, […]
(Bloomberg) — Gold had the biggest weekly gain since July and copper rose as Joe Biden tightened his grip on the race for the White House, while investors also weighed prospects for further Federal Reserve stimulus. Bullion broke out of a narrow trading range seen over the past month as […]
Businesses do not exist in vacuums and before taking a leap into the world of entrepreneurship, there is a need for a socially, ethically, and politically stable environment. However, in Nigeria, it is quite the opposite and political instability seems to be a long-standing problem. Over the years, assessments have […]
Times are tough for small businesses in particular, who are facing issues that are unique to their situation in an economy that still certainly looks and feels as if it’s suffering a recession. There are a number of key small business challenges which recur over and over in business forums […]
EUREKA! You have an idea for a new business. You are sooo excited that you start telling your friends and family about it (mistake). You are confident this product solves a big problem in the market (mistake). You make a vision board and start drafting your business plan (mistake). You […]