Three big-name tech billionaires have been hit with sizable blows to their net worth as the technology sector has soured in recent days.
"The simple fact of the matter is both fiscal and monetary policy blew it," William A. Galston, Ezra K. Zilkha chair and senior fellow of governance studies at The Brookings Institution, told FOX Business. "If there had been an accurate assessment of say the last six months of the Trump administration as to how much stimulus had already been poured into the economy and what its consequences could be," inflation may not have spiked to 40-year highs, he explained.
Jeff Bezos and Lauren Sanchez attend the Robin Hood Benefit 2022 at Jacob Javits Center on May 9, 2022, in New York City. Morgan Stanley’s team of strategists, helmed by Seth Carpenter, warned Monday that the ingredients for a global recession are "on the table."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Musk says he will ban Twitter spam bots, but he has been a beneficiaryElon Musk has promised to clean up Twitter by showing the world why it boosts some tweets above others and purging it of automated accounts. But Musk himself has been a beneficiary of mechanized boosting, researchers say.
Lire la suite »
Elon Musk plans to quintuple Twitter revenue by 2028 | Digital TrendsProspective Twitter owner ElonMusk believes he can quintuple the company’s revenue by 2028 via various means that include a new subscription tier called 'X.'
Lire la suite »
Crypto Giveaways Use Elon Musk Video to Steal Millions of DollarsScammers have stolen a big amount of money with little efforts by using edited clips from the “The B Word” conference
Lire la suite »
Elon Musk jokes he may die after Twitter row with Russia's Dmitry RogozinThe U.S. billionaire tweeted 'it's been nice knowing ya' after Rogozin reportedly said he would be 'held accountable' for supplying tech to Ukraine.
Lire la suite »
Elon Musk fears his life could be in danger for supporting UkraineElon Musk rushed to support Ukraine as Russian aggression began. Now, he fears Russia might target him for his stance.
Lire la suite »
Elon Musk Makes Light of Russian Space Chief’s Threats but His Mom Maye Musk Is Not Amused“If If I die under mysterious circumstances, it’s been nice knowin ya,” he tweeted. Maye Musk told her son his quips were not funny.
Lire la suite »