Palantir CEO Alex Karp says this tidal wave of macroeconomic risks will wipe out some companies
and the central banks of Norway, the Philippines, South Africa, Taiwan, Vietnam and Indonesia followed suit, raising rates to control inflation that has spiraled over the last year.2020 after nearly two decades as a private company. The stock is down nearly 60% this year."You will see that the durable companies that come out of this in three, four years...
The risk of a recession in the U.S. crept higher as the Fed vowed to beat inflation with aggressive rate hikes. The central bank has dialed down its economic projections, predicting higher unemployment and much slower GDP growth."People are scared s***less about energy outside of America," Karp said. "They are so scared about the macro-, political conditions that no one wants to talk about them. Their enterprises are built for a static and unified world of peace.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank CEOs to face consequences of ‘playing political games’ over ESG issues: FL banking execFlorida Bankers Association president and CEO Alex Sanchez argues America's big banks should get 'the final decision' in who and what they finance, and 'stay out' of politics.
Read more »
Meet Aengus Finnan, Swallow Hill Music's New President and CEO“I think it’s a sacred responsibility.'
Read more »
Nvidia CEO sees 'large space' for China sales despite U.S. restrictionsNvidia Corp Chief Executive Jensen Huang said Wednesday that he continues to see a large market for Nvidia's data center chips in China despite U.S. restrictions on exports of two of its top chips to the country.
Read more »
My Pillow CEO faces investigation into alleged plot to target 2020 election computersMy Pillow CEO Mike Lindell, a staunch supporter of former President Trump, is under investigation by U.S. federal authorities for an alleged election security breach.
Read more »
JEA CEO explains raises & bonuses while customers get high bills & disconnectionsDisconnections resumed Wednesday for thousands of JEA customers behind on payments, after a seven-week moratorium.
Read more »