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George Glover
The odds of the US slipping into recession are now just 25% thanks to a surge in jobs, Goldman Sachs says
The labor market and business surveys are giving Goldman Sachs economists reason to believe the risks are shrinking for a recession in the next 12 months.
Matthew Loh
A Hong Kong fashion executive thought she was adopting a kitten from Thailand. She ended up losing $764,000 in a Bitcoin scam.
The 58-year-old woman was conned into paying more than $764,000 to a scammer via 40 separate cryptocurrency transactions, authorities said.
George Glover
Adani says it will repay over $1 billion in debt ahead of schedule in a bid to halt stock-market rout
The Indian conglomerate is scrambling to halt a stock market rout that's wiped out over $110 billion in market value over the past fortnight.
Brian Evans
ChatGPT rival Bard and looming event from OpenAI backer Microsoft swing Alphabet stock as artificial intelligence race heats up
Minutes after Google announced it is opening "Bard" to early testers, Microsoft teased an event that is expected to involve ChatGPT parent OpenAI.
Phil Rosen
NFT holders are using their digital art as collateral to borrow record amounts of cryptocurrency
DeFi protocol NFTfi reported a record 4,399 loans disbursed in January, nearly double the previous peak hit in March 2022.
Phil Rosen
Russia's largest bank is about to debut an Ethereum-based DeFi platform
As the war in Ukraine and financial sanctions continue to weigh on the country, Sberbank is eyeing a new foray into crypto.
Zinya Salfiti
The Rothschilds look to take their French investment bank private in a $4 billion deal just a few months after a family head died
The Rothschild family — who helped England defeat Napoleon at Waterloo — wants to take its French investment bank private and is offering a 19% premium.
Morgan Chittum
Crypto firms face big penalties, including jail time, for unauthorized ads following the FTX disaster, UK financial regulator says
Breaches of the new financial promotions guidelines can lead up to a two-year prison sentence, according to the UK regulator.
George Glover
Jobs numbers are so high that the Fed won't support stocks by cutting rates until 2024, Goldman Sachs chief economist says
The January jobs boom gives the central bank more scope to hike and hold interest rates high, Jan Hatzius said Friday.
Phil Rosen
Here's why 2023's stock rally could fizzle out and end up burning bullish investors
Insider's Phil Rosen breaks down the recent surge in equities and why macro factors may ultimately reverse the momentum.
Aidan Pollard
Sam Bankman-Fried's psychiatrist was hired at FTX to 'coach' and counsel employees, report says
Some staffers told the Wall Street Journal the psychiatrist made it clear he could offer employees drugs like Adderall or Xanax.
Brian Evans
ChatGPT has captured investors' imagination, but Tesla is among the 'hidden gems' of artificial intelligence, Cathie Wood says
"We believe that the hidden gems that will benefit the most from artificial intelligence are those companies with proprietary datasets."
Morgan Chittum
FTX's meltdown was painful but necessary for the industry to grow up, bitcoin bull and Microstrategy CEO Michael Saylor says
"What [crypto] needs is adult supervision. It needs the Goldman Sachs' and the Morgan Stanley's and the BlackRock's to come in," Saylor said.
George Glover
Here's how tech giants Microsoft, Google, and Baidu are taking on ChatGPT, and what that could mean for investors
AI-powered ChatGPT has become a buzzword for investors. Here's what the Big Techs are working on to make sure they don't get left behind.
Carla Mozée
Here's how to invest in the AI craze, according to ChatGPT
Where to invest for AI exposure? ChatGPT offered some ideas including ETFs and mega-cap names like Google.
Theron Mohamed
Elon Musk, Michael Burry, and Jeremy Grantham warn stocks may slump and the economy could suffer. Here are 5 experts' warnings of what lies ahead.
Experts are sounding the alarm on stocks and the economy as rising interest rates heap pressure on asset prices and demand.
Zahra Tayeb
ChatGPT seconds Warren Buffett's and Michael Burry's tips on what it takes to be a good investor - the bot lists patience and discipline among 6 must-have traits
Insider's Zahra Tayeb asked ChatGPT what personality traits make for a good stock investor - and its advice mirrored that of top investors like Warren Buffett.
Morgan Chittum
Despite 'extraordinary' 2023 rally, stocks are just OK, BlackRock's bond chief says
"I think January was one of the most extraordinary months I've seen in my career," Rick Rieder, BlackRock's global fixed income CIO, told Bloomberg TV.
Brian Evans
Tesla stock rallies as US boosts EV tax credit and China sales jump amid price cuts
The Treasury Department broadened its definition of SUV, allowing more models from Tesla and other carmakers to qualify for EV tax credits.
Brian Evans
Russia is smashing open its $45 billion piggy bank of Chinese yuan as energy revenue crashes
Russia will sell 160.2 billion rubles ($2.3 billion) worth of foreign currency from February 7 to March 6, roughly triple from the prior month.
Morgan Chittum
Crypto-linked stocks are on a tear, with Coinbase, MicroStrategy, and others up more than 100% in a month as risk appetite returns
Investors are less risk averse after the Fed delivers its smallest rate hike in nearly a year, causing a broader rally in equities.
Theron Mohamed
Activist investor Ryan Cohen is building a big stake in Nordstrom, report says. The retailer's stock has surged 34% on the news.
The Chewy cofounder and GameStop chairman is one of the department-store chain's largest non-family shareholders already, The Wall Street Journal reported.
Ryan Hogg
Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says
Shah Dhandharia audited the accounts of Adani Total Gas and Adani Enterprises. It only had 11 employees, with partners just 28 years old, per Hindenburg.
Carla Mozée
Goldman Sachs' commodities team reportedly raked in $3 billion in 2022, with wild swings fueling one of its best years ever
Russia's war against Ukraine ignited big swings in commodities prices, leading to one of the biggest revenue hauls by Goldman traders.
Brian Evans
King Charles III will not appear on Australia's paper currency, which will stop featuring the British monarchy
Australian coins, which are controlled by Australia's mint and not the central bank, will continue to feature images of the British monarchy.
