Weekend Money Markets Roundup January 20, 2024

Portray: Elizabeth Conley/Houston Account by potential of Getty Pictures (Getty Pictures), Joe Raedle (Getty Pictures), NBCU Portray Financial institution/NBCUniversal by potential of Getty Pictures (Getty Pictures) Portray: Elizabeth Conley/Houston Account by potential of Getty Pictures (Getty Pictures) Portray: Joe Raedle (Getty Pictures) The sphere’s richest men—Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren

Weekend Money Markets Roundup January 20, 2024
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Portray: Elizabeth Conley/Houston Account by potential of Getty Pictures (Getty Pictures), Joe Raedle (Getty Pictures), NBCU Portray Financial institution/NBCUniversal by potential of Getty Pictures (Getty Pictures)

A rancher in a cowboy hat appears to be to be like at a leaky oil pump jack.

Portray: Elizabeth Conley/Houston Account by potential of Getty Pictures (Getty Pictures)

Jeff Bezos is wearing home gear and a cowboy hat and is walking on a tarmac.

Portray: Joe Raedle (Getty Pictures)

The sphere’s richest men—Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett—bear doubled their collective wealth to $870 billion since 2020. That’s a price of $14 million an hour, with exiguous brand of abatement, basically based fully totally on a brand new search (pdf) from the UK-founded charity organization Oxfam. – Morgan Haefner Learn Extra

A Superman balloon drift.

Portray: NBCU Portray Financial institution/NBCUniversal by potential of Getty Pictures (Getty Pictures)

US retail sales records for December came in stronger than anticipated on Wednesday (Jan. 17), with purchasesleaping 0.6% from November to $615 million as one more of the mere 0.4% that forecasters had predicted. In yr-over-yr phrases, there’s been somewhat of acceleration—to five% increase—after on the field of a yr of cooling off following the put up-covid-19-vaccine explosion of spending. – Melvin Backman Learn Extra

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