Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Still A Bear Market Rally? Or, Is The Bull Back?

Is it still a “bear market rally?” After a big surge from the lows following the Russian invasion of Ukraine, Mike Wilson from…

Real Hourly Wages Dive Again In March, Negative For 13 Of Last 15 Months

A soaring CPI had led to negative real (inflation-adjusted) earnings. The drop in purchasing power was steep in March. This article…

Nine Million Americans Priced Out Of Housing Market As Affordability Crisis Worsens

The National Association of Realtors (NAR) estimates millions of Americans have been priced out of the housing market since January as…

Putnam On Objective Ethics In Economics

The philosopher Hilary Putnam was not a friend of the free market—far from it. At one time he supported the Progressive…

Mortgage Rates Top 5%, Highest In Over 6 Years

A recession is on the horizon and housing will lead the way. At the start of 2022, the MND average survey…

Quantitative Easing Has Seemingly Ended (For Now)

It appears quantitative easing has pretty much come to an end. At least for now. Although the Fed was still expanding the balance sheet…

Bear Market Anatomy – Revisiting Russell Napier’s Work (Annotated)

“Anatomy of a Bear Market” by Russell Napier is a “must-read” manuscript. Given current market dynamics, a review seems timely. As my colleague,…

Walmart Owns Most Of The Supermarkets In Mexico

Walmart Owns Most of the Supermarkets in Mexico The U.S. and Mexico have influenced each other in many ways over the…

Auto Market Could Experience A “Buyer’s Strike”: Morgan Stanley’s Jonas

As if the automotive industry didn’t have enough to deal with in the semiconductor shortage and supply chain issues, the skyrocketing…

2021 Set New Annual Records For Home Prices. 2022 Continues The Trend

Kicking off 2022, the Case-Shiller home price index continues the record pace of 2021. Home Prices Disconnect From Rent and OER…

The End Of Globalization

We can’t remember when was the last time we agreed with BlackRock’s Larry Fink, but he’s right — we’re witnessing an…

Wall Street Bonuses Surge 20% In 2021 To New Record High

2021 was another banner year for Wall Street bonuses: according to annual data released Wednesday by the State of New York, the…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.