Ray Dalio says Trump’s trade war could spark ‘something worse than a recession’

Hedge-fund billionaire Ray Dalio said Sunday that the U.S. is on the brink of a recession — and potentially something much worse.
Will more people ride out a trade war with Netflix? The streamer’s results will offer clues.

With quarterly results due Thursday, analysts will be looking for signs of indirect impacts of tariffs on the streaming platform.
Sports teams adopt tactile tech for blind and low-vision fans

Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2. Courtesy: Phoenix Suns During a break at the March 2 game between the NBA’s Phoenix Suns and Minnesota Timberwolves, a player made a half-court shot that had the crowd buzzing at PHX […]
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs

Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.
MLB could see private equity interest as uncertainties lie ahead

A Major League Baseball logo at Angel Stadium in Anaheim, California, on May 22, 2022. Ronald Martinez | Getty Images Major League Baseball is increasingly drawing private equity investors as the league faces major shifts in player salaries and media rights. Private equity has been gravitating toward professional sports, which sports-acquisitive firm Arctos Partners called […]
This is the future of senior housing

Older consumers — and their adult children — now have more education and higher technological expectations.
New York is the richest city. Here’s who is gaining ground

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite the recurring narrative of wealth flight, New York City is still the world’s richest city, and it’s gotten […]
If millions of people are stealing from Social Security, then why can’t the DOJ find any of them?

Why the ‘dead people collecting Social Security’ narrative just won’t die
Hollywood Chinese box office was in decline even before Trump tariffs

Posters of film ‘Despicable Me 4’, film ‘Stand By Me’ and film ‘A Legend’ are displayed at the entrance of a cinema on July 16, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images Hollywood is being pulled into President Donald Trump’s trade war. After Trump escalated tariffs on Chinse imports earlier […]
Real ID deadline is May 7. Here’s what to know before you fly

Homeland Security sign for REAL ID at entrance to passenger TSA security area, West Palm Beach, Florida. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Travelers take note: The federal government says it will start enforcing Real ID requirements at U.S. airports starting May 7 — for real this time. That means […]



