The Mighty American Consumer Is About to Hit a Wall, Investors Say
After staving off recession for longer than many thought possible, the US consumer is finally about to crack,
2023-09-11 08:53
Buffett Spurs Japan Activist Pioneer to Seek $2 Billion for Fund
When veteran money manager Shuhei Abe met with Warren Buffett in Tokyo earlier this year, they exchanged similar
2023-09-11 08:48
Short Sellers Reap $13 Billion on Gaps in Winner-Take-All Market
Short sellers are raking in profits by betting against a part of the US equity market overlooked by
2023-09-11 04:52
Instacart Aims for IPO Valuation of $8.6 Billion to $9.3 Billion, WSJ Says
Instacart Inc. is targeting a valuation between $8.6 billion and $9.3 billion for its IPO, a fraction of
2023-09-11 04:16
Italy’s Meloni Urges Europe to Clear Lufthansa-ITA Airways Deal
Italy’s Prime Minister Giorgia Meloni urged European authorities not to waste time in giving the green light to
2023-09-11 01:55
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes Helm
Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud
2023-09-10 23:50
Fear of Stock Market Dive Creeps Back as Hedging Costs Climb
The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and punishing
2023-09-10 20:52
The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
2023-09-10 16:25
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
2023-09-10 14:57
Communiques, Touchdowns and a Grand Slam: Your Saturday US Briefing
Hello. The death toll from the earthquake in Morocco near the tourist hub of Marrakech has risen to
2023-09-09 23:57
Blancpain X Swatch Collaboration Sparks Another Sales Surge
The Swatch brand’s latest collaboration, a tie-up with the luxury diving watch Blancpain, debuted Saturday with thousands queuing
2023-09-09 21:20
Berlusconi Heirs Near a Deal on Tycoon’s Empire, Corriere Says
The five children of former Italian Prime Minister Silvio Berlusconi are close to reaching an agreement over their
2023-09-09 18:52