Ramon Bonilla

HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, ‘irrational exuberance’

As companies pour billions into artificial intelligence, HSBC CEO Georges Elhedery on Tuesday warned of a mismatch between investments and revenues. Speaking at the Global Financial »

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The restaurant recession could be here

Amid a busy few weeks for restaurant earnings, new data is emerging that suggests a restaurant recession could be underway. The pullback is most marked among »

UPS readies 5.9% rate bump, fee increases on Dec. 22

UPS rates will increase by 5.9% on average for ground, air and international services starting Dec. 22, the parcel delivery giant announced on its website. »

Jeffrey Gundlach & David Rosenberg on the Macro Outlook, Bonds and Inflation

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