The recent yield curve inversion has a strong analogue in 1973, according to Goldman
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Goldman is worried this could be like the 1970s and is recommending these stocks
Business
McDonald’s is about to report earnings. Here’s what to expect
A McDonald’s cheeseburger, fries, and soda arranged in Celina, Texas, US, on Tuesday, Sept. 2, 2025. Jake Dockins | Bloomberg | Getty Images McDonald’s is expected to report its fourth-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.05 expected […]
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Business
Prediction markets head into basketball season on a high from Super Bowl
A basketball finds nothing but net during practice before a 2024 NCAA Tournament game at PPG Paints Arena in Pittsburgh. Charles LeClaire | Reuters Prediction markets saw strong results from the Super Bowl, but it was just an appetizer for a banquet of sporting events in 2026 that are expected to drive surging volumes in […]
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Business
Novo Nordisk CEO sees 15 million-patient opportunity in Medicare coverage for obesity drugs
Novo Nordisk CEO Mike Doustdar. CNBC Novo Nordisk CEO Mike Doustdar on Wednesday said the company is aiming to capture around 15 million new patients, at least initially, when Medicare starts covering obesity treatments for the first time later this year. Around 67 million Americans are covered by Medicare, but “when you take a look […]
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