Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world

Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world 0
- Business
- October 23, 2021
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter co-founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to
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Jeffrey Gundlach says inflation will stay above 4% through 2022 0
- Business
- October 22, 2021
Billionaire bond investor Jeffrey Gundlach said Friday that inflation in consumer prices likely will remain elevated through 2021 and stay above 4% through at least 2022. Citing pressures from shelter costs and rising wages, the head of DoubleLine Capital told CNBC that he sees the current inflation run as non-transitory and instead likely to persist
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HSBC has some strategies for investors to overcome the ‘wall of worry’0
- Business
- October 22, 2021
The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — HSBC Asset Management has shared a raft of advice with clients looking to navigate the current “wall of worry” facing global markets. With concerns about global growth and inflation causing jitters of late, along with the
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5 things to know before the stock market opens Friday, Oct. 22 0

October 22, 2021

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures mixed after S&P 500’s record close Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. Brendan McDermid | Reuters 2. Intel shares sink on

ESG will create bubbles and the next Amazon or Tesla: IIF 0

Business

October 22, 2021

Financial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance. Speaking during a panel at CNBC’s Sustainable Future Forum on Thursday, Adams said it was inevitable that the current drive toward ESG (environmental, social and governance) would

Watch CNBC’s Sustainable Future Forum Asia: Technology & Innovation 0

Business

October 22, 2021

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Friday’s session from Asia focuses on technology and innovation. The fourth industrial revolution is also going to be

Economy