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Surging US Gas Prices Spark Fears of 'Inflation Smile,' El-Erian Says

The average gallon of gas traded at $3.89, its highest level since October 2022, thanks to oil supply cuts by Saudi Arabia and Russia. ....

Mi Exclusive , Us Gas Prices , Oil Gas Prices , Rising Oil Prices , Mark Zandi , Mohamed El Erian , Ahra Tayeb ,

JPMorgan, BofA Set to Pay Nearly $8.9 Billion After Banking Chaos

JPMorgan tops the list as the biggest contributor to the FDIC's insurance deposit fund, expected to pay $3 billion, per Bloomberg. ....

Mi Exclusive , Silicon Valley Bank , Signature Bank , Banking Turmoil , Bank Crisis , Fdic Insurance , Ahra Tayeb ,

How Taylor Swift, 'Barbie,' 'Oppenheimer' Fans Are Boosting the Economy

Americans are flocking to stadiums and movie theaters to see Taylor Swift and "Barbenheimer" in what's proving to be a boon for the US economy. ....

Mi Exclusive , Oppenheimer Movie , Taylor Swift , Taylor Swift Eras Tour , Eras Tour , David Rosenberg , Ahra Tayeb ,

Bill Gross Says He's 'Out' of Regional Bank Stocks After a Good Run

"I'm out of regional banks. It's been a good run. Maybe they go down a little. If not good run," PIMCO co-founder Bill Gross said in a post on X. ....

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US Stock Crash Fears: Buffett, Rosenberg, Kiyosaki Shrug Off 2023 Rally

The rally in US equities should be a red flag to investors and big falls could lie ahead, market bears warn, amid a still-booming stock market. ....

Tom Lee , John Hussman , Warren Buffett , Berkshire Hathaway , Dow Jone , Robert Kiyosaki , David Rosenberg , Terms Of Service , Federal Reserve , Rosenberg Research , Dow Jones , Wall Street , Silicon Valley , Buffett Indicator , Dad Poor , Martino Booth , Mi Exclusive , Stock Market , Us Stocks , Tom Lee , Warren Buffett , Robert Kiyosaki , John Hussman , Us Equities , Ed Inflation , Interest Rates ,