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Amid Eroding Profitability and Inventory Buildup Nike Drops

Bloomberg News reports share losses that Nike Inc. further grew on Thursday in late trading after the sportswear stalwart was compelled to push through...

Frothy US Housing Market – John Paulson’s Take; What’s Different this Time?

Bloomberg News reports that John Paulson earned the title of a billionaire after $25 billion of mortgage securities was short by his hedge fund...

Asset Prices on Wall Street Take a Backseat in the Era of Inflation Set Prices on Wall Street.

Investors still wait for stock prices to decrease despite the recent market slump engulfing Wall Street. (adsbygoogle = window.adsbygoogle ||...

Stock Investors Worry as US-China Tech Rivalry Heats Up

The heated rivalry between the US and China for tech supremacy has resulted in the Biden administration taking fresh steps to ensure that the...

Figma’s Acquisition for $20 Billion the Highest for any VC-Backed Start-Up in 20 Years

Index Ventures Partner Danny Rimer invested in Figma in 2012, shortly after the company was founded. Dylan Field founded Figma, and they started developing...

Walmart to Sell Financial Products in Addition to Milk and Diapers

The largest retail company in the world is now offering checking accounts. A new venture by Walmart Inc. is making digital bank accounts possible...

“Dire” Europe A Lesser Safe Bet than US Economy, Goldman Strategist

Bloomberg News reports that companies in the United States with business operations within the country are likely to perform better than those exposed to...

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