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Ed Yardeni thinks the US is in the midst of the “Roaring 20s,” which will carry the economy through the rest of the decade without a recession.In a video update on Friday, the founder of Yardeni Research re-upped his bullish thesis, noting that he sees no reason for the US to tumble into a recession in the coming four years. His market views have been similarly bullish. In recent years, the economist has predicted the Dow to hit 60,000 and the S&P 500 to rise to 8,000 by the end of the decade. “We’ve got four more years to go.…

Mesh Cube | Istock | Getty ImagesThe stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish.Tens of billions of dollars in corporate loans are likely to default over the next year as companies, especially software and data services firms owned by private equity, get squeezed by the AI threat, Mish said in a Wednesday research note.”We’re pricing in part of what we call a rapid, aggressive…

Hong Kong’s accounting regulator urged auditors handling initial public offerings to assess whether they have sufficient resources and expertise, warning that a surge in listing activity could put pressure on quality.Processing ContentIn an open letter, the Accounting and Financial Reporting Council said that some auditors of public interest entities serving as reporting accountants for Hong Kong IPO applicants have taken on exceptionally high listing workloads alongside existing mandates. That raised concerns that they may not have sufficient expertise and resources to meet professional standards without compromising quality.”Public interest entity auditors are strongly urged to immediately undertake a thorough evaluation of…

Cryptocurrency tax compliance solutions provider CoinTracker and cryptocurrency exchange Coinbase announced a partnership. Coinbase is expanding its tax reporting tools with the integration of CoinTracker’s cost-basis reconciliation tool directly in the app, allowing users to automatically fill in any missing cost basis, sync future transfers, and ensure tax documents are ready for filing. … Lease accounting solutions provider Crunchafi and Thomson Reuters have entered into a strategic agreement in which the companies will launch new joint education and enablement initiatives and collaborate on additional resources for firms. As the next step in the partnership, Crunchafi and Thomson Reuters will cohost…

2026-02-13T16:02:07.561Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Wendy’s says it plans to close hundreds of US locations. The burger chain is struggling with declining sales. While its international sales are growing, its stock is down nearly 50% from last year. Wendy’s US operations are melting like one of the chain’s trademark Frosties on a hot summer…

2026-02-13T14:25:04.348Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Goldman Sachs CEO David Solomon addressed the fallout of a media storm tied to his general counsel. Kathy Ruemmler, Goldman’s top lawyer, is set to step down in June over ties to Jeffrey Epstein. Ruemmler submitted her resignation after thousands of her emails with Epstein came to light. Goldman…

Americans’ wallets are ringing in the new year with a little relief from rising prices. The US started 2026 with a slower inflation rate than at the end of 2025.The consumer price index, an inflation measure, increased 2.4% in January from a year ago, the smallest increase since last May and below the 2.7% increase in both November and December. Economists expected a year-over-year increase of just 2.5%.Core CPI, which excludes volatile food and energy prices, rose 2.5% year over year in January, as expected, just below the previous 2.6% increase.Energy prices fell 0.1% over the year. Gasoline fell 7.5%,…

The Trump administration issued new guidance on the use of foreign materials and components in U.S. clean energy projects, in a move that would further limit access to lucrative tax credits.Processing ContentGuidelines issued by the Treasury Department Thursday detail restrictions affecting battery cells, solar wafers and other equipment commonly used in renewable energy projects. Among other limits, the rules bar material from China and other U.S. adversaries, and lay out other constraints based on company ownership or other financial ties to the Asian nation. The provisions include the ability of the Internal Revenue Service to audit for compliance within six…

Tech titans had a Thursday to forget this week.Elon Musk, Mark Zuckerberg, Jeff Bezos, Jensen Huang, and Michael Dell saw a combined $26 billion wiped off their net worths in one day, the Bloomberg Billionaires Index shows.Their fortunes shrank because their respective stakes in Tesla, Meta, Amazon, Nvidia, and Dell slid in value. The stock prices of those first four companies fell by around 2% on Thursday, as investors grew increasingly concerned about the immense costs of building out AI infrastructure and whether they’d see a return on their spending.Dell shares tumbled 9% after rival Lenovo warned a memory-chip shortage…

DHL Autonomous Robot at work.Source: DHLWorkers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses.Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management company with a speed of up to 650 cases per hour.”That is what we look forward to, and where we’ve been successful in deploying technology at scale over the last five years, going from when we started in 2020 with 240 projects, and now we’re up to 10,000…