Researchers are flagging a suspicious surge in the short-selling of Israeli stocks days before the Hamas attacks of Oct. 7.
Why it matters: A new draft paper published today posits that a trader — or traders — were informed of Hamas' plans to attack ahead of time, and potentially made millions on it.
Why it matters: The original cryptocurrency has now recovered to its trading level from before the terra usd stablecoin meltdown in May 2022, the first major shock to the sector since a gradual downturn began six months prior.
The war on inflation is mostly won. The job market is finally slowing down. And earlier Fed hikes are still rippling through the economy and set to do unnecessary economic damage if not reversed soon.
Why it matters: That, in three sentences, makes the case for a Fed policy pivot, which may lead to rate cuts in the early months of 2024.
Notably, it is not the stated view of chair Jerome Powell and other top leaders of the central bank. Just Friday, Powell poured cold water on the idea.
Shopping malls across the country are adding lifestyle experiences and off-kilter attractions to draw in consumers in the age of e-commerce.
Why it matters: Extravagant entertainment options have long been a feature of America's largest malls. Now smaller ones are catching up as they attempt to stave off decay.
The big picture: As recent polling suggests a dwindling sense of confidence in the American dream, some U.S. citizens are flocking to foreign countries in search of more affordability and flexibility than they experienced in the U.S.
