Tesla Must Pay $243 Million Over Fatal Autopilot Crash
Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to its driver-assistance technology. A...
Trump fires labor statistics chief hours after data showed jobs growth slowed
US president accused of ‘firing the messenger’ as he makes claims without evidence about Erika McEntarfer Donald Trump fired the federal government official in charge of labor statistics, hours after data revealed jobs growth stalled this summer, prompting accusations...
Private Fund Giants Muscle Into £1.4 Trillion UK Pension Market
Private capital giants from across the Atlantic are jumping into the UK’s booming pension-risk transfer market, with insurers backed by Brookfield Corp. and Apollo Global Management Inc. announcing deals valued at a combined $10.7 billion in the past month. As British...
Largest US Public Pension Has ‘Very Strong Conviction’ in Private Equity, CEO Says
The largest public pension plan in the US is committed to private equity, according to its chief executive officer, Marcie Frost, even as the asset class has struggled to return cash to its investors amid a prolonged deal slump. “We still have very strong conviction...
Retail Investors Want In—Just As Private Equity Industry Resets
Retail investors are increasingly eager to access private equity (“PE”), drawn by the promise of higher returns and diversification. With public markets dominated by a narrow set of tech-driven mega-cap stocks, the appeal of uncorrelated, long-term private market...
Goldman Trading Desk’s Clients Start Shorting Speculative Tech
Goldman Sachs Group Inc.’s trading desk said on Friday that its clients are growing “more comfortable” betting against shares of unprofitable technology companies, following a resurgence of meme stock mania that has sparked wild rallies in a cohort of smaller names....
BofA’s Hartnett Renews Warnings on Bubble Risks for Stocks
The risk of a bubble in stock markets is rising as monetary policy loosens alongside an easing in financial regulation, according to Bank of America Corp. strategists. The team led by Michael Hartnett said the world policy rate has fallen to 4.4% from 4.8% in the past...
Why Deepfakes Are Flooding Social Media, and What Can Be Done
The internet is awash in deepfakes — audio, pictures or video made using artificial intelligence tools in which people appear to do or say things they didn’t, be somewhere they weren’t, or that change their appearance. Some involve nudification, where photos are...
The Private Equity Boom Is Leaving Midsize Players Behind
After it emerged from the rubble of Lehman Brothers, Trilantic Capital Partners exemplified the success of private equity’s vast middle market for more than a decade. Profitable bets on energy companies and consumer names like Traeger Pellet Grills bolstered its...
S&P 500 Set for Double-Digit Gain on Big Tech, Wells Fargo’s Equity Strategist Says
The S&P 500 Index is looking at a double-digit increase in the second half of the year, powered by the resilient strength of America’s technology behemoths, according to Wells Fargo Securities LLC’s Christopher Harvey. The bank’s top US equity strategist is Wall...
Block’s stock pops on addition to S&P 500
Block rose 7% Monday after S&P Global said the fintech company will replace Hess in the S&P 500. Passive funds are expected to buy around 101 million shares ahead of inclusion, according to Stephens. Robinhood, up more than 345% over the past year, is still...
Finally, the Junior Miners Are Outperforming
The wait was long, but the payoff is big: Junior miners are finally driving the action in precious metals. KE Report just posted an interview with mining analyst Dave Erfle, who explains why this trend has legs. Here’s an excerpt:Financing Surge, Juniors...
Get ready for a US stock market crash?
Experts are waving the red flag on the US stock market and economy, warning of an impending crash. Should investors be worried? 2025 has been a year of record highs for the UK and US stock markets. But while British shares continue to look undervalued, the same can’t...
Financing Surge, Juniors Outperforming, and a Bullish Setup in Precious Metals – With Dave Erfle
Why strategic financings, strong Q2 margins, and sector-wide rotation signal a powerful setup for gold, silver, and copper juniors.In this episode of the KE Report, I sit down with Dave Erfle, founder and editor of Junior Miner Junky, to unpack why the financing...