Junkiest junk is offering a warning sign for debt
For much of the year, money managers have embraced optimism and snatched up corporate bonds, sending valuations to ever more expensive levels. Now, Wall Street titans are saying it’s time…
Musk vows to be ‘super focused’ on companies amid X outages
Users reported problems with X Friday and Saturday, according to DownDetector. A post from the company’s engineering team also said it was facing issues from a data center outage.“As evidenced…
There’s a ‘buyer’s strike’ on U.S. assets as foreign investors can’t stomach huge deficits anymore, analyst warns
“The most troubling part of the market reaction is that the dollar is weakening at the same time,” Saravelos wrote. “To us this is a clear signal of a foreign…
King Dollar won’t just give up its crown. Rivals have to take it away—but they’re not ready, currency expert says
Reports of the dollar’s demise have been greatly exaggerated, according to a currency expert, who said the greenback’s dominant position must be seized by others, not just relinquished.“And yet the…
Japan signals intent to reach US tariff deal by G-7 in June
Japan’s chief trade negotiator Ryosei Akazawa indicated his aim to resolve tariff talks in time for a June meeting between US President Donald Trump and Japan’s Prime Minister Shigeru Ishiba…
Snoop Dogg says ‘adversity is like the gym for your soul’ and offers 3 pieces of advice for USC business school grads
Calvin Cordozar Broadus Jr.—better known as Snoop Dogg—spoke at the commencement ceremony for the USC Marshall School of Business on Monday and passed on some advice for graduates. The hip-hop…
Nvidia and Wallenberg businesses starting AI venture in Sweden
“The country is building its first AI infrastructure — laying the foundation for breakthroughs across science, industry, and society,” Nvidia Chief Executive Officer Jensen Huang said.As part of the initiative,…
Harvard reprieve for foreign students won’t stop looming threats
Harvard University can continue to enroll international students – for now.A federal judge’s reprieve on Friday was quickly hailed as a victory for the country’s wealthiest university in its battle…
The key to a long life is avoiding the ‘poisonous 5 P’s,’ says one of the world’s top anti-aging experts
Longo, who was born and raised in Italy, points out that today, “almost nobody in Italy eats the Mediterranean diet.” Italy’s youth are facing obesity because of what Longo calls the “poisonous…
Fate of $20 billion US home solar market lies in GOP Senate hands
The troubled, $20 billion US residential solar market’s future rests on whether Senate Republicans will challenge their brethren in the House of Representatives and change provisions of the massive tax and spending…