Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of aggressive rate hikes.
Bill Ackman says he hasn’t talked to Elon Musk about X investment for Pershing ‘SPARC’
The billionaire investor said he liked Twitter and Musk himself and welcomed a deal but said there had been no proper communication with Musk about it.
Bitcoin climbs above $28,000, hitting highest level since mid-August
Bitcoin and ether were both rising Monday, along with stocks tied to the crypto industry.
Latino student loan borrowers face extra challenges as payments restart
When the Biden administration turns the $1.7 trillion student loan system back on, Latino borrowers will face extra difficulties from economic inequities.
Money managers are shifting their attitude to ESG as ‘realism’ sets in, says S&P’s Dan Yergin
“If you’re in a money management business, you do need returns,” said S&P Global’s Vice Chairman Dan Yergin.
Morgan Stanley names this steel stock a top pick as it undergoes a transformation
The bank upgraded the steelmaker to overweight and named it a top pick on “the expected value creation from the company’s transformational investments.”
The battle between tax pros and social media: Many apps offer unreliable tax advice, experts say
Tax professionals are battling misinformation spread by influencers via TikTok videos. Here’s what taxpayers need to know.
Here are Monday’s biggest analyst calls: Apple, Meta, Rivian, Nvidia, Amazon, U.S. Steel, FedEx & more
Here are Monday’s biggest calls on Wall Street.
Stocks making the biggest moves premarket: Rivian, SolarEdge, Sphere Entertainment and more
These are the stocks posting the largest moves in early trading.
Climate target walk-backs highlight ‘overzealous’ policy pledges, OPEC chief says
The recent spate of countries postponing or adjusting their climate targets shows that some of the initial pledges were ‘overzealous,’ OPEC’s head said.
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