Lots has happened in the past two weeks and it has certainly been a bumpy ride for the S&P 500 (SPY). Just when it looked like hotter-than-expected data points were pushing us toward a 50-bps rate hike, we saw two banks collapse seemingly out of the blue in a single week. Now the Federal Reserve […]
On Thursday, Credit Suisse announced measures to bolster its liquidity by securing up to $54 billion from Swiss National Bank. The decision followed a steep 30% drop in the bank’s shares, increasing concerns about the banking sector’s deposit crisis. Regulators and financial leaders temporarily stabilized markets following the collapse of Silicon Valley Bank (SVB) last
Many may be familiar with Cocaine Bear, the comedy thriller based on the true story of a black bear found dead near a duffle bag loaded with $2 million worth of cocaine. But have you heard about Cocaine Cat? There’s no movie yet— but thankfully, his story has a happy ending. Earlier this year, a
In The Big Short, author Michael Lewis profiled some traders who foresaw and, in some cases, profited from the 2008 financial crisis. One of them was Danny Moses, whom actor Rafe Spall ultimately played in the Academy Award-winning 2016 movie based on the book. Moses is still speculating about the economy. In a CNBC interview
Opinions expressed by Entrepreneur contributors are their own. The fact is, the global growth profile of 2023 is showing a downward trend. According to the IMF forecast, this year the economy will grow only 2.7%, compared to 3.2% in 2022. In fact, the projected data for advanced economies look even more discouraging, with the World
At least one of the “fake work” stories might be true. One TikToker is claiming on the platform that as a former employee of Meta, she had to work really hard to — well, find work, per Insider. “They were just like hoarding us, like Pokemon cards,” said Britney Levy in the video. “You had
Opinions expressed by Entrepreneur contributors are their own. Artificial Intelligence, or AI, has become a buzzword in recent years, and for good reason. From self-driving cars to virtual assistants, AI is changing the way we live, work and interact with technology. However, despite its many applications and impressive feats, it is important to recognize that
They say everything you put on the internet might eventually become part of the public forum — and one disturbed TikToker learned that the hard way after discovering a painting of his living room hanging in a London art gallery. (The Tiktoker does not live in London.) In a video that’s been viewed over 1.2
Opinions expressed by Entrepreneur contributors are their own. In our fast-developing digital world, there’s little we can’t automate with a few lines of code. The same is true in the property management industry. The property management software market will be worth $2.7 billion by 2023, according to Strategic Market Research. The reason for its growth
Opinions expressed by Entrepreneur contributors are their own. At the end of a meeting, have you ever said to yourself, “That was a total waste of time. It could have been an email.” You likely have, since, according to MIT Sloan Management Review, only around 50% of meeting time is effective, well-used, and engaging. That’s