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Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former...

Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year.Canaccord Genuity's Tony Dwyer thinks a deteriorating...

Webull ended crypto offerings due to SEC opposition during past IPO attempts

Online brokerage Webull decided to cut its crypto offerings because of the unfavorable regulatory landscape in the US as it waits for approval...

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022.CNBCBerkshire Hathaway's Warren Buffett...

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China retail sales, industrial output, fixed asset investment in May

Huge waiting lines are seen in front of...

US locked in AI Cold War with China

Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital...

The Top Layer 1 Over Solana’s $200 Recovery

Gold tokenization is reshaping the blockchain landscape, with...

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