Monday, October 11, 2021

Goldman Sachs gets even gloomier on the US economy

Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path.
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Goldman Sachs gets even gloomier on the US economy
Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path. Read more »
 
With airline staff at a breaking point, passengers can expect more headaches to come
The problems at Southwest Airlines run deeper than the operational meltdown that caused more than 2,000 flight cancellations in recent days. And they'll continue well after the airline is back on schedule. Read more »
 
Gas prices have nearly doubled in 17 months. The global energy crisis could lift them higher
The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic. Read more »
 
Elon Musk trolls Jeff Bezos as he pulls away as richest person on Earth
Elon Musk's personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg's Billionaires Index. Musk's personal wealth skyrocketed an extra $10.6 billion after a secondary share sale by investors, announced last week, valued the space company over $100 billion, CNBC reported. Read more »
 
Another Chinese real estate developer is struggling to pay its debts
China's property crisis is ensnaring yet another developer. Read more »
 
Hasbro CEO Brian Goldner takes leave of absence for cancer treatment
Hasbro CEO Brian Goldner is taking medical leave of absence from his role effective immediately, the company announced. Read more »
 
 
 
 
Dow Nasdaq S&P
-250.19   -93.34   -30.15
34,496.06   14,486.20   4,361.19
-0.72%   -0.64%   -0.69%
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Mosaic Co +3.76%
 
Freeport-McMoRan Inc +3.22%
 
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Global Payments Inc -4.98%
 
Gap Inc -4.83%
 
Southwest Airlines Co -4.17%
 
Fidelity National Information Services Inc -3.47%
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10-yr 1.61% +0.01
Euro $1.16 -0.00 / -0.10%
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