Latest in Wealth Slumps 2.4
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Vista's Robert Smith: How to prevent AI from further widening the racial wealth gap
. If current trends hold, the new wealth created by generative AI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey.Business - CNBC - 2 days ago -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - Yesterday -
What's behind Aaron Judge's playoff struggles? Three possible causes for Yankee slugger's October slump
The Yankees have succeeded largely without the help of their biggest power threat so farSports - CBS Sports - October 14 -
Yankees' Giancarlo Stanton continues to step up in playoffs with Aaron Judge still stuck in October slump
Stanton, one of the best October sluggers of all-time, went deep again in ALCS Game 1Sports - CBS Sports - October 15 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industryWorld - ABC News - October 17 -
Why U.S. stock market’s slump on rising Treasury yields may be short-lived
The U.S. stock market appears to be taking a breather from setting fresh highs as interest rates in the bond market climb, leaving the S&P 500 sharply lower Wednesday.Business - MarketWatch - October 23 -
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.Business - The Wall Street Journal - October 23 -
Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 3 days ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 6 days ago -
Dismal England slump to series defeat as Pakistan wrap up third Test victory
Third Test: England 267 & 112; Pakistan 344 & 37-1 Pakistan win by nine wickets, claim 2-1 series victory A series that started with England breaking records ended with England simply broken. ...World - The Guardian - 5 days ago -
European football: Leverkusen rocked by Bremen as Napoli stretch Serie A lead
Xabi Alonso blames ‘soft defending’ for last-gasp draw Napoli extend unbeaten run and go five points clear Bayer Leverkusen’s sloppy performance in their 2-2 draw at Werder Bremen in the ...World - The Guardian - 5 days ago -
Slumping star Aaron Judge and Yankees hope to break out when World Series shifts to NY for Game 3
Aaron Judge and the New York Yankees need to start hitting if they’re going to climb back into this World SeriesSports - ABC News - 4 days ago -
3 observations after Maxey (45 points) hammers through slump, lifts Sixers to OT win
Tyrese Maxey dropped 45 points and the Sixers pulled out a 118-114 victory Sunday over the Pacers.Sports - Yahoo Sports - 4 days ago -
Dodgers hold off Yankees for 3-0 World Series lead, can clinch title with win Tuesday
Freddie Freeman homered for the third straight game and Walker Buehler pitched another World Series gem as the Los Angeles Dodgers beat the New York Yankees 4-2 for a 3-0 lead in the Fall ClassicSports - ABC News - 2 days ago -
Aaron Judge snaps World Series slump with homer, then makes costly error that sparks Dodgers rally
Game 5 of the World Series was quite a roller coaster for Aaron JudgeSports - ABC News - 16 hours ago -
Ubisoft Posts Slump in Net Bookings After Assassin's Creed, Star Wars Snags
The French videogame maker reported €352.3 million in net bookings for the three months to the end of September, down 36.5% on year and at the lower end of company guidance.Business - The Wall Street Journal - Yesterday -
Shell shares rise as oil major brushes off impacts of global refining slump
The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and ...Business - MarketWatch - 15 hours ago -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - 4 hours ago -
'Love is Blind' contestant draws criticism for bringing up his wealth on first dates—how to actually bring up money when dating
On the seventh season of Netflix's "Love Is Blind," one contestant makes sure everyone knows about his money.Business - CNBC - October 20
