Economic Pessimism Grows as Vehicle Debt Burdens Increase Sharply
Polls show three-quarters of Americans believe the economy is worsening while auto loan negative equity has risen over 40% since 2021.
Polls show three-quarters of Americans believe the economy is worsening while auto loan negative equity has risen over 40% since 2021.
Airlines are adjusting pricing strategies amid rising fuel costs while facing new international emissions reduction requirements.
Goldman Sachs updated forecasts for Asian currencies, citing yuan undervaluation while Philippine peso faces continued pressure despite rate expectations.

Financial analysts Jim Cramer and Ed Yardeni offer contrasting views on what will determine if stock markets have reached their bottom.

The Federal Reserve is anticipated to keep interest rates unchanged at its upcoming meeting amid ongoing economic uncertainty.

A Nevada state judge temporarily banned prediction market platform Kalshi from operating sports and election contracts in the state.

Satellite radio provider SiriusXM is reportedly in preliminary discussions to acquire traditional radio giant iHeartMedia.
Boeing found scratched wiring in some undelivered 737 MAX planes that will delay deliveries this month while maintaining overall delivery targets.

Chevron reports that repairs to its Wheatstone gas facility will take weeks following damage that will affect the facility's restart operations.

Americans who profited from prediction markets in 2024 are struggling with unclear tax guidance as filing season begins.
Blue Owl Capital co-founders Doug Ostrover and Marc Lipschultz have restructured personal loans that previously used their company shares as backing.

Major hedge funds Point72 and Balyasny have prohibited staff from betting on prediction markets as the industry faces increased regulatory and public scrutiny.

Former President Trump announced plans for a new oil refinery in Texas backed by Indian conglomerate Reliance Industries.

Furniture stores are closing and filing for bankruptcy as record-low housing market activity leaves fewer customers needing to furnish new homes.

Federal Reserve officials express measured views on potential rate cuts as they assess labor market conditions and geopolitical risks.
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