6 Most Important Things In Business Today

By Douglas A. McIntyre Updated Mar 13, 3:53PM EDT · Published Oct 15, 6:41AM EDT

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6 Most Important Things In Business Today — © Thinkstock

Saudi Arabia may drop its plan to take huge oil company Aramco public

Social Security benefits will probably rise 2% next year

Bloomberg reports that California wildfires have grown substantially and take more lives. Its editors wrote

They fled in fear nearly a week ago. Now they’re ready to go back.

While wildfires are still burning powerfully in parts of Northern California, some of the tens of thousands of evacuees are getting antsy to return to homes that aren’t under immediate threat. Others want to see if they still have homes to return to.

But authorities are staying cautious in the face of blazes that have now killed at least 40 people and destroyed at least 5,700 homes.

IMF’s global forecast said the inflation is among the world’s economic problems. CNBC reports:

Member countries of the International Monetary Fund on Saturday welcomed the global upswing in economic activity but warned that the recovery was not yet complete given low inflation and geopolitical risks.

“The outlook is strengthening, with a notable pickup in investment, trade, and industrial production, together with rising confidence,” the International Monetary and Financial Committee, the IMF’s steering body, said in a communique.

A Goldman Sachs researcher said there may be bear markets ahead. According to Business Insider:

Goldman Sachs has circulated a fascinating but scary research note to clients suggesting that the probability of stocks entering a bear market in the next 24 months currently stands at about 88%, based on the history of previous bear markets.

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.