Hindenburg Research has made a name for itself in the world of public activist short-selling, taking on big-name companies and causing significant disruptions in their share prices. Founded by Nate Anderson, this New York-based firm has gained a reputation for its boldness and fearlessness, going after prominent figures like Carl Icahn and Gautam Adani. Short
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The Federal Reserve is expected to maintain interest rates following its two-day meeting, despite speculation that rate cuts are on the horizon. The rate hike cycle implemented by the Fed in 2022 and the first half of 2023 resulted in elevated consumer borrowing rates and increased inflation, placing significant pressure on households. Credit scoring company
Donald Trump is facing a tough financial situation as his lawyers have indicated that he does not have enough cash to obtain an appeal bond to prevent New York’s attorney general from seizing his real estate assets. This comes after a civil fraud judgment of $454 million was issued against him. Trump’s legal team has
United Airlines CEO Scott Kirby recently took steps to reassure customers about the safety of the carrier following a series of flight incidents in recent weeks. One of these incidents involved a tire falling from a Japan-bound Boeing 777 shortly after takeoff, causing damage to cars in a San Francisco airport parking lot. Another incident
Losing a spouse is an emotionally challenging experience, and it can become even more difficult when faced with an unexpected financial burden – higher taxes. Data from the Centers for Disease Control and Prevention shows that there is a significant life expectancy gap between U.S. sexes, with women living longer than men. This gap often
As the season of Spring approaches, the real estate market is gearing up for increased activity in home buying and selling. Data from Redfin shows a significant rebound in available housing supply, with a 14.8% jump in new listings from a year ago. This surge in listings marks the largest annual gain since May 2021,
China’s economic data for the first two months of the year surpassed analysts’ expectations, indicating a positive start to 2022. Retail sales saw a 5.5% increase, outperforming the forecasted 5.2% rise, while industrial production rose by 7%, compared to estimates of 5% growth. Fixed asset investment also showed growth, with a 4.2% increase exceeding analysts’