Morning News: November 22, 2023

OPEC+ Talks Hit Turbulence as Saudis Agitate Over Output Levels

Andurand Says OPEC+ May Need Deeper Cuts as US Supply Surges

Argentina Is a Textbook Case of ‘Fiscal Dominance’

African Bank Plans Pre-IPO for Shareholders, Eyes 2025 Listing

ECB’s Centeno Says Inflation Expectations Remain Anchored

US Mortgage Rates Slide Sharply, Reinvigorating Housing Demand

Some of America’s Costliest Cities Offer Best Middle-Class Life

It’s the Most Wonderful Time of the Year (for the Economy)

The Rules for Holiday Spending This Year (No. 1: Wait ‘Til December)

American Shoppers Have Plenty of Dry Powder

McKinsey and Its Peers Are Facing the Wildest Headwinds in Years

The Sudden Downfall of Changpeng Zhao, the Crypto Titan Behind Binance

Sam Altman Returns as OpenAI CEO in Chaotic Win for Microsoft

Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom

The Bill for Offshore Wind Power Is Rising

Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale

Mary Barra’s $280 Billion Goal Confronts a Litany of GM Hurdles

Why China and Boeing Still Need Each Other

The Old-School Artillery Shell Is Becoming High Tech

Blackstone to Buy U.K. Software Developer Civica

Music Licensing Giant BMI Sells to Private Equity Firm

The Strange $55 Million Saga of a Netflix Series You’ll Never See

How Elon Musk Spent Three Years Falling Down a Red-Pilled Rabbit Hole

Be sure to follow me on Twitter.

Posted by on November 22nd, 2023 at 7:05 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.