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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 exclusiveUs gas pricesOil gas pricesRising oil pricesMark zandiMohamed el erianAhra 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 exclusiveSilicon valley bankSignature bankBanking turmoilBank crisisFdic insuranceAhra 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 exclusiveOppenheimer movieTaylor swiftTaylor swift eras tourEras tourDavid rosenbergAhra 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.

David einhornMichael burryFederal reserveSynovus financialTerms of serviceSilicon valley bankWall streetSilicon valleyWestern allianceGreenlight capitalMi exclusiveBill grossBond kingUs treasurysRegional banksUs regional banks

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 leeJohn hussmanWarren buffettBerkshire hathawayDow joneRobert kiyosakiDavid rosenbergTerms of serviceFederal reserveRosenberg researchDow jonesWall streetSilicon valleyBuffett indicatorDad poorMartino booth

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