Finance

‘We cannot sweep the dust under the carpet’: French debt is projected to grow to 122% of its GDP

France’s public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining...

Will the Stock Market Crash? History Gives a 95% Reason to Stay Calm

There are growing concerns about whether the stock market is about to crash. In fact, the British newspaper The Guardian recently ran an...

OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisers

The Securities and Exchange Commission is dropping the hammer on private fund advisers who allegedly mishandled millions in investor assets under the guise...

Rivian Stock Is Going to $19 According to This Wall Street Analyst. Here’s Why They May Be Right.

Analysts at Cantor Fitzgerald reiterated their "neutral" rating on Rivian (RIVN -0.20%) stock on Sept. 28. Curiously, however, the firm also reiterated its...

Wilbur Ross says New York’s pied-à-terre tax targets people who ‘can’t retaliate at the ballot box’

This week’s been rough for proponents of New York City’s pied-à-terre tax. On Monday, former Commerce Secretary Wilbur Ross filed a lawsuit against...

Boeing Landed a $131 Billion F-15 Order. Here’s What It Means for Lockheed Martin.

One need not be an avionics expert to understand that military aircraft are described in generational terms. That lesson was effectively taught in...