119% of Cash Flow? This 12.8% Payer Is Living on Borrowed Time
119% of Cash Flow? This 12.8% Payer Is Living on Borrowed Time The midterms are over, but volatility hasn't gone away. Read at source
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Social Security Faces a 22% Cut in 2032, and Both Parties Are Eyeing the $184,500 Cap
Key PointsAs it stands, the Social Security Administration will be required to reduce its benefit payments six years from now.
China panel chair Moolenaar demands answers on Nvidia CEO's alleged affair with a Chinese spy
Rep. John Moolenaar, R-Mich., said on a Tuesday appearance on CNBC's "Squawk Box" that Congress needs to "get to the bottom" of Nvidia CEO Jensen Huang's affair with an alleged Chi…
Consumer prices rose 0.4% in October, more than expected
Costs for goods and services rose more than expected in October, providing fresh warning signs for the Federal Reserve in its fight to lower inflation, the Bureau of Labor Statisti…
U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%
From November 9 to 13, a string of inflation and economic indicators from Japan, the US, and Europe will be released in succession. Above all, the US October Consumer Price Index (…
Elon Musk was half-right in his comment last week about SoftBank back-pedaling on a gas-turbine order
Elon Musk in a social-media post last week said that SoftBank “defaulted” on a gas-turbine order. The truth, revealed Tuesday in the Japanese’s investment company’s second-quarter …
Here’s what Nvidia investors should be focusing on now. Hint: It’s not Jensen Huang’s affair.
In January, Jensen Huang was asked how he had stayed Nvidia's chief executive since co-founding the company in 1993. "The secret for being CEO for this long is, one, don't get fire…
Pete Hegseth decries impeachment push, defends Iran war handling
Secretary of Defense Pete Hegseth on Tuesday railed against the Republican congressman who introduced articles of impeachment against him and aggressively defended his leadership i…
25 basis points is the unanimous call for December Fed hike – Reuters poll
All 101 economists in a Reuters poll conducted November 6-10 expect the Federal Reserve (Fed) to raise interest rates by 25 basis points on December 9, taking the target range to 4…
Jensen Huang's affair with alleged Chinese spy further complicates Nvidia’s China problem
Following Nvidia CEO Jensen Huang's admission on Sunday to an extramarital affair with alleged Chinese spy Alice Huang, the chipmaker's relationship to China is about to come under…
'Markets bottom on bad news' maxim rings true as chip stocks rally amid Nvidia scandal
"Markets bottom on bad news," is one of those smart-sounding rules of thumb that proves true just often enough to remain a Wall Street cliché in good standing.
Anthropic IPO Targets Up to $64.35 Billion in Share Sales
Anthropic plans to offer 825 million shares at an indicative price of $70–$78 each, targeting up to $64.35 billion through its public offering, according to a draft prospectus revi…
Polymarket says annualized revenue has topped $1.8 billion
Prediction market platform Polymarket has surpassed $1.8 billion in annualized revenue, the company told CNBC on Tuesday.
Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say
Anthropic said it will offer 825 million shares in its upcoming IPO at a price range between $70 to $78 per share, according to an updated filing on Tuesday, bringing the five-year…
Australian Dollar slips toward 0.6900 as Fed rate hike expectations rise
AUD/USD trades around 0.6905 on Tuesday, down 0.31% on the day at the time of writing, as the Australian Dollar (AUD) loses some ground against the US Dollar (USD) following Monday…
BoE's Lombardelli: “Balance of risks to inflation remains to the upside”
Bank of England (BoE) Deputy Governor Clare Lombardelli warned that high energy costs could keep inflation elevated, speaking at the Bank of England Watchers’ Conference in London …
UK Gilts: Relative gains after Budget – Deutsche Bank
Deutsche Bank Research, in a note by Shreyas Gopal, Sanjay Raja and Maui Brennan, highlights that 10-year UK gilt yields have declined notably since the Autumn Budget, helped by lo…