Can anyone hear that? Phil Rosen here — I’m talking about all the economic warning bells that top commentators keep ringing.But, as it turns out,…
Billionaire investor Ray Dalio said that stagflation will force the Fed to slash interest rates by 2024
Ray Dalio said the Federal Reserve will have to cut interest rates to combat stagflation in a recent interview.Stagflation refers to a combination of soaring…
Electric scooter startup Bird is laying off almost a quarter of its workforce
Electric scooter startup Bird is laying off almost a quarter of its staff, it told TechCrunch.Bird said in a statement “macro economic trends” meant it…
Trump allies failed to get revenge on several Republicans who won their primaries despite opposing him
Several Republicans who criticized Trump emerged unscathed from their primaries Tuesday. They include Sen. John Thune, whose political career Trump declared “over.” Recent primary results have exposed…
The story of Cookies: How a former Wendy’s employee turned a popular weed strain with a controversial name into a $1 billion empire
America’s first $1 billion weed brand is here, and it’s named Cookies.Gilbert Milam Jr., more well-known as the rapper Berner, is the company’s cofounder and…
Wall Street: What’s going on in leveraged finance
Morning, Aaron here! Today, I’m going to unpack leveraged finance. It’s where private-equity firms fund acquisitions.Let’s go.If this was forwarded to you, sign up here.…
UK movie theater chain cancels all screenings of a film labeled ‘blasphemous’ by protesters
A UK cinema chain canceled screenings of a movie after protesters gathered outside theaters.Some protesters said the “Lady of Heaven” movie was blasphemous.Cineworld said it…
Qantas is asking office staff to work as baggage handlers and in airport security roles as it struggles to cope with travel demand, report
Qantas has asked office staff to help it meet peak travel demand by working in Australian airports.They may help customers find lost bags and work…
‘Big Short’ investor Michael Burry says the dollar isn’t strong at all — and inflation is eroding the US currency’s buying power
Michael Burry of “The Big Short” dismissed the US dollar’s current strength in a recent tweet.The currency has only gained versus rivals, and inflation is…
I commuted on the new $25 billion railway across London that cost me $3 and arrived at work 20 minutes early. It’s transformed my journey.
Elizabeth line train.Kate Duffy/Insider