Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
Citadel CEO Ken Griffin said Tuesday that the global economy is headed toward a recession if the Strait of Hormuz stays shut for much longer. “Let’ »
Polls show AI sentiment is waning in the U.S.
Banks see economy as 'resilient' but warn about rising energy prices
The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units. »
US Truckers' Diesel Spend Hits Record High on Middle East Conflict
The more than 3 million U.S. truckers who move goods for everything from grocery stores to factories to construction sites are grappling with the highest »