Stock Market News
Japanese bond yields are the highest in 40 years. The budget and a 'red flag' from PM Takaichi have markets nervous
Japan's government is preparing a supplementary budget of around 3 trillion yen, or about $19 billion, to replenish reserves and fund fuel and utility subsidies amid higher energy costs. Takaichi has ...
Stock, Oil Futures Set to Trade as Iran War Enters Fourth Month
The economic highlight of the coming week will be the May jobs report set for release on Friday.
Apollo's chief economist says he sees 'zero evidence' of AI-related job losses, even as CEOs cite the tech in layoffs
Apollo's chief economist said there's "zero evidence of AI-related job losses." A parade of tech leaders celebrated that take over the weekend.
The Internet Bubble's Most Important Lesson For AI Investors
A deeper dive into the Internet experience and what it may add to the recent 60 Minutes discussion of AI, market risk, and the lessons of history.
Major Companies Reconsider AI Costs
Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that could be d...
It's not just tech stocks: The broad-based strength of the market right now gives investors reason to stay the course
While tech is still leading the party, more parts of the market are starting to join in.
Opinion | The Hallucinatory AI Math
IPO mania has begun, and nothing kickstarts initial public offerings like spreadsheets flashing green to incite the crowd. SpaceX's recent S-1 filing promoted an “actionable total addressable market” ...
Etzioni on AI: Wall Street is quietly betting on AI to beat inflation
How can the U.S. bond market, where the world's smartest money lives, reconcile $36 trillion in national debt with less than 2.5% expected annual inflation over the next decade? The answer may consist...
The Aluminum Shock Hitting the Global Economy
The global aluminum market is being squeezed by two powerful forces at once: conflict in the Middle East and rising US tariffs. Industry executives say disruptions to production and shipping in the Gu...
The 1990s Are Back in Style. Did They Bring a Tech Bubble With Them?
The nineties are back in style. Young people are wearing wired headphones and yearning for an analog time they never got to experience. But what about the stock market? Investors continue to debate wh...
'GET THIS MACHINE GOING': Jamie Dimon calls for a new American industrial buildout
JPMorgan Chase CEO Jamie Dimon joins Maria Bartiromo at the Reagan National Economic Forum for an exclusive wide-ranging interview on 'Mornings with Maria.'
What to Expect in Markets This Week: The May Jobs Report, Plus Tech and Retailer Earnings
Investor focus will shift from Wall Street to Main Street over the course of the week, with quarterly results from a few big names in tech and retail landing ahead of a key labor market update.
Incoming Fed Chairman Kevin Warsh wants the central bank to consider alternative measures of inflation when setting monetary policy—some of which show price pressures actually are much lower
To measure underlying inflation, the new chairman has urged the central bank to look at alternatives to its standard gauge.
Golf Is Now Cooler and Younger. The Stock Market Has Noticed.
The sport is winning over the next generation, opening up a bigger potential market.
The Week That Was, The Week Ahead: Macro and Markets, May 31
Stocks ended the week slightly higher as investors balanced a firmer equity tape with rising bond yields, weaker oil prices, and another busy round of AI, trade, and deal headlines.
Investing in the Dow or S&P 500 doesn't matter — here's what actually does
One of the best lesson investors received when the Dow Jones Industrial Average DJIA turned 130 years old on May 26 was a reminder of why time diversification is so important in the stock market.
The U.S.-China rivalry is killing global supply chains. Your portfolio needs a ‘home court advantage.
The Great Powers have returned. Russia's full-scale invasion of Ukraine, President Donald Trump's ill-thought-out attack on Iran, and China's threats towards Taiwan, all suggest that we are in a new e...
Legacy Tech Company Stocks Surge on AI Pivot
Bloomberg Intelligence Global Head of Technology Research Mandeep Singh joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss so-called "legacy" tech companies like Dell, Intel ...
Wall Street's red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record
The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward.
Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds
Josh Brown of Ritholtz Wealth Management launched Porterhouse, a separately managed account named after the premium cut of steak and built to hold what he considers the market's best opportunities. Th...
What would cause the Fed to hike rates this year? The answer might surprise you.
Later this month, the Kevin Warsh-led central bank will start preparing a possible pivot to tighter policy.
Inflation fight again putting central bank independence under strain, policymakers say
Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting political interference that could erode trust and deepen th...
Inflation Squeezes Retirement. 5 Smart Tips to Protect Yourself.
Own stocks, TIPS and gold. And wait as long as possible to collect Social Security to max out your inflation-adjusted benefit.
Earnings, always and forever, drive markets, expert says
The Bahnsen Group Managing Partner and CIO David Bahnsen discusses market performance on 'Maria Bartiromo's Wall Street.'
'EARNINGS-LED MELT-UP': The market label turning heads on Wall Street
Yardeni Research president Ed Yardeni explains how earnings momentum is driving a sustainable market rally on ‘Making Money.'
Review & Preview: The Nasdaq's Best 2 Months in Decades
The S&P 500 and the Dow have also clocked months-long winning streaks.
SBA Clarifies And Narrows Its Crackdown On Small Business Investors
The Small Business Administration has finally made official its crackdown on small business investors, and it's not as sweeping as some involved with SBA-guaranteed loans had feared.
Zandi Says US Is ‘Uncomfortably Close' to Recession
Moody's Analytics Chief Economist Mark Zandi says the war with Iran needs to end immediately or recession will become more likely than not. He says another jump in oil and gasoline prices could cause ...
Earnings Analysis: US Exceptionalism
While headlines are focusing on geopolitical conflict and mixed macroeconomic data, the S&P 500 has powered to new highs, on the back of exceptional earnings, in our view. Looking at the chart below, ...
US, Mexico conclude first round of trade deal talks on autos, metals, security
The U.S. and Mexico trade negotiators on Friday concluded their first bilateral negotiating round to revise the U.S.-Mexico-Canada Agreement on trade, discussing automotive rules of origin, steel ...
Oil Declines Lift Stocks to Fresh Records
Brent crude fell 19% in May, its sharpest monthly drop since 2020.
Dow closes above 51,000 as Dell-led AI rally lifts Wall Street
US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopoli...
Trump's top Wall Street cop shoots down Biden-era climate rules for US firms
President Trump's top Wall Street cop moved Friday to kill a sweeping Biden-era climate rule that would force US firms to report on global warming risks and their own greenhouse gas emissions.
Stocks Close Out a Strong May
Stocks drifted higher, capping a strong month. The S&P 500 and the Nasdaq both gained 0.2% on Friday, to new record closing levels. For the month of May, they were up 5.2% and 8.4% respectively.
Stock Market Today: SPY, QQQ Jump to New Highs as Trump Nears Iran Deal Verdict; Oil Extends Decline
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) rallied to new highs on Friday, rounding out a strong month for stocks. News That Moved the Stock Market…
Bonds May Finally Be Ready to Give Stocks a Run for Their Money
Long-term yields remain elevated as investors bet that higher oil prices could keep the Fed on the sidelines
S&P 500 Top Stock Gainers Today, 5/29/26
The S&P 500 (SPX) advanced to a new record high on Friday, closing out May with a 4.8% gain. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector …
The Stock Market May Soon Regret the End of Earnings Season
Stocks are entering a limbo period—the gap between the end of one earnings season and the beginning of the next. They'll need other catalysts to keep rising.
US Jobless Claims Tick Up To 215K, AI Tech Debt Binge | Real Yield 5/29/2026
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: JPMorgan Asset Management Core Plus Bond ETF Portfolio Manager Priya Misra, Columbia Threadneedle Investments...
Stock Market Is in ‘Exuberant’ Territory, Warns Jamie Dimon
JPMorgan Chase ($JPM) CEO Jamie Dimon warned on Friday that he views the stock market as “exuberant.” The S&P 500 (SPX) has soared in recent weeks and has returned 19%…
The ‘Three A's' are keeping the economy afloat during Iran war. Is it enough to avoid recession?
The U.S. economy has grown for six straight years. Business are pouring billions of dollars into artificial intelligence. And a record boom in the stock market is turning many older Americans into 401...
Tokens or humans? The new corporate trade-off
AI is turning out to be more expensive than enterprises expected, and CFOs are now trading future headcount for tokens. Roughly 95% of enterprise AI still runs on the priciest frontier models even for...
What's next for investors after the AI rally supercharged stocks in May?
Also: A way to invest in SpaceX before its IPO and advice from the Moneyist.
S&P 500 Seasonality Signals an Uncertain Outlook for June
The S&P 500 (SPX) is set to finish May with a roughly 5% return as optimism over a resolution to the U.S.-Iran war and falling oil prices drove stocks higher.
American households pay nearly $450 more on average for energy amid Iran War, data shows
American households have paid nearly $450 more on energy amid Iran War, according to a Moody's analysis shared exclusively with CNBC. That totals tens of billions of dollars spent as the multimonth co...
Stock Market Week Ahead: Earnings Season Wraps Up with Key Jobs Data on Deck
May marked a fantastic period for both the S&P 500 (SPX) and the Nasdaq 100 (NDX) as the end of the month approaches. Optimism over a resolution to the U.S.-Iran…
Dow Jones Today: DJIA Rallies to Record High as Trump Prepares ‘Final Determination’ of U.S.-Iran Deal
The Dow Jones (DJIA) climbed to a new intraday all-time high on Friday after President Trump said he was approaching a final decision on the U.S.-Iran memorandum of understanding (MOU).
Stocks Rise as Trump Says He'll Make Call on Iran
Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks toward a historic streak of weekly gains, with the market also buoyed by the artificial-intelligence trade. ...
Week Ahead for FX, Bonds: U.S. Jobs, ISM Data in Focus
U.S. jobs data and ISM surveys on manufacturing and services activity will be in focus as investors assess the outlook for Federal Reserve interest rates.
Wall St regulator proposes to scrap Biden-era climate rule
The U.S. Securities and Exchange Commission on Friday said it was proposing to do away with dormant regulations adopted under former President Joe Biden that require companies to disclose their clim...
SEC Proposes Scrapping Climate-Related Disclosure Rules
The agency said that the requirements, which were approved in March 2024, exceed the scope of its statutory authority.
'NO URGENCY': San Fran Fed president PUMPS BRAKES on rate cut and hike talk
San Francisco Federal Reserve President and CEO Mary Daly joins 'Mornings with Maria' to discuss sentiment over interest rates, new Chairman Kevin Warsh, her insights on the U.S. economy and the trans...
Private credit roundup: paper losses deepen at lenders
A Reuters analysis of first-quarter regulatory filings by private credit lenders showed paper losses deepened, underscoring market concerns this year over the sector's profitability and risks from A...
US stocks hit new highs as Trump signals decision on Iran deal nears
US stocks climbed on Friday while crude oil prices fell sharply after President Donald Trump signaled that a decision on a potential agreement with Iran could be imminent. In a post on Truth Social, T...
REGULATORY REVOLUTION: Atkins promises a new direction at the SEC
SEC Chairman Paul Atkins joins 'Mornings with Maria' to discuss his 'Make IPOs Great Again' agenda, the SEC's decision to withdraw its defense of Biden-era climate disclosure rules, a new framework fo...
Why Is the Stock Market Up Today, 5/29/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Friday amid growing optimism over a U.S.-Iran deal. Vice President J.D. Vance said the two countries…
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continues to Rise as Rates Drop
US indices continue to launch straight up in the air as interest rates on Friday started to drift lower again. Risk appetite seems to have returned again.
LULU, SHOP, QSR: It’s Official. Canada Has Entered a Recession
U.S. tariffs continue to hurt the Canadian economy…
Wedbush's Ives: Still less than 10-15% through AI revolution
Companies will continue to spend on AI infrastructure for the next few years as they can not stand on the sidelines, according to Dan Ives, Managing Director at Wedbush Securities, who compares the cu...
Chicago Business Activity Surges in May
The Chicago Business Barometer, compiled by MNI Indicators, rose to 62.7 in May from 49.2, a level of contraction in April.
S&P 500 Gains as Gas Prices Post Largest Daily Drop in 17 Years
The S&P 500 (SPX) is trading higher on Friday as hopes for a U.S.-Iran peace deal send energy prices lower. The average price for a gallon of gas in the…
5 Things to Know Before the Stock Market Opens
Stock futures are slightly higher this morning as the market looks to add to yesterday's record closing levels; major stock indexes are poised to close out May with solid gains for the second month in...
Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street
Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism surrounding artificial intelligence-driven earn...
Fed's Bowman Wary of Reacting to Short-Term Energy Inflation
Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market condition...
'HE'S RIGHT': Big bank CEO BACKS Warsh's critique of the Fed
JPMorgan Chase CEO Jamie Dimon joins 'Mornings with Maria' in a wide-ranging interview on inflation, interest rates, Kevin Warsh, banking regulation, potential acquisitions, national security investme...
There's a record disconnect unfolding in the trading pits right now
The volatility spread between single stocks and the index makes a world of a difference for options traders.
Dow Jones Climbs with U.S.-Iran ‘Very Close’ to a Deal
The Dow Jones (DJIA) is set to open Friday higher as the U.S. and Iran inch forward toward a peace deal. Vice President J.D. Vance said the two sides are…
EMA recommends next season's COVID vaccines should target XFG variant
The European Medicines Agency said on Friday COVID-19 vaccines for the 2026-27 vaccination campaign in Europe should preferably be updated to target the XFG variant.
Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices. "Reacting to temporarily elevated energy price inflation would add u...
Jay Woods on Stock Market's "Run for the Ages" & Finding Quantum's "Floor"
"This has been a run for the ages" in the stock market, says Jay Woods, noting the S&P 500 (SPX) is on track for a nine-week rally. Now he believes anything from consolidation to a 10% pullback is in ...
Stock Futures Rise as Investors Monitor Middle East Conflict; Oil Prices Fall
U.S. stock futures trended higher on Friday morning as traders monitored developments in the Middle East. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX...
How the ‘double scar' of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
European households have become more sensitive to the financial consequences of the Iran war, ECB researchers found. March data showed that consumers revised inflation expectations upwards by 2.5 perc...
Nasdaq 100: Tech Stocks Drive US Stocks Higher as Oil Retreats Today
US stocks hit record highs as oil prices fall, inflation cools and tech stocks rally. See the latest S&P 500, Nasdaq and Dow Jones market analysis.
Needham's Chris Retzler on what's driving the rally in small caps
Chris Retzler, Needham Small Cap Growth Fund portfolio manager, joins 'Squawk Box' to discuss the latest market trends, what's driving the rally in small caps, state of the economy, and more.
'INFLATION IS TICKING UP': Jamie Dimon flags a KEY economic concern
The Lonski Group President John Lonski joins 'Mornings with Maria' to discuss the strength of the U.S. economy, Wall Street's record rally and how AI investment is driving growth.
Sell in May? Hardly. Tech Redefines the Old Wall Street Adage With Stunning Gains.
The S&P 500, driven by tech stocks, is on pace to power more than 5% higher this month, marking one of the best performances in May since the 1950s.
Wall Street awaits payrolls data as rate hike risks return to focus
Investors are preparing for a crucial week as fresh labor market data and earnings from Broadcom could influence the direction of US stocks. Market participants are weighing whether persistent inflati...
Top euro zone countries see Iran inflation fallout broaden in May
Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on Friday, as a rise in fuel costs ...
This strategist is using prediction-market shifts to calculate what happens when an Iran deal is announced
A Citadel strategist looked at prediction market changes during the Memorial Day long weekend to calculate market moves.
Bank of America strategists see a different historical parallel for the AI rally — and it isn't the dot-com boom
Bank of America strategists are negative on European equities as they weigh the boom-and-bust dynamics of the AI build-out
Emerging Markets Won't Protect You From AI Mania
The U.S. and Iran haven't yet agreed a permanent deal to reopen the vital Strait of Hormuz or to confiscate Iran's nuclear weapons material, but we might have the makings of one.
Dow futures rise 120 points: 5 things to know before Wall Street opens
US stock index futures were little changed on Friday after Wall Street closed at record highs in the previous session, with investors awaiting details on reports that Washington and Tehran had agreed ...
Rule changes may only yield modest Fed balance sheet contraction
Some people inside and outside the Federal Reserve agree that rule changes easing how much cash banks need to keep on hand for emergencies could allow the central bank to further cut the size of its ...
Big Banks Are Raking in Profits as Market Turbulence Shows No Signs of Easing
JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.
Stock Market News, 5/29/26 – U.S. Futures Steady as Investors Weigh Ceasefire Hopes
U.S. stock futures were steady early Friday as traders monitored developments in the Middle East while assessing the stability of the U.S.-Iran ceasefire. Futures on the Nasdaq 100 (NDX), the Dow Jone...
Wall St extends rally on tech strength; Mideast deal stays in focus
Major Wall Street indexes extended their record run on Friday and were headed for weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U....
Stock Market Today: Dow Futures Edge Up After Reports of Peace Deal
Brent crude on course for largest monthly drop since 2020
What smart people are saying about AI ROI crunch: 'Where's the revenue?'
AI and tech CEOs are getting an earful from CIOs. Uber COO Andrew Macdonald raised concerns that big AI bills aren't delivering enough ROI.
Job Market Jitters as AI Demand Grows: Markets Snapshot
Equity benchmarks across Asia and the US saw new highs this week, driven by optimism around the resonant AI trade despite growing concerns of potential disruptions to the labor market. The Opening Tra...
If It Walks Like a Bubble and Quacks Like a Bubble, Then It's Probably a Bubble
The mind-bending explosion of intergenerational wealth anticipated by the pending IPOs of SpaceX, Anthropic, and OpenAI—and the speculative melt-up of public equities—sure smacks of a bubble to us.
The market is not set up to handle any Iran war curveballs, says fund manager
David Neuhauser, CIO of Livermore Partner, says the markets are sanguine thanks to their belief that a U.S.-Iran peace deal is imminent, although a lot still can go wrong in the lead-up. He also says ...
Why Are Stock Market Futures Mixed Today, 5/29/26?
U.S. stock futures were mixed late Thursday night as traders monitored developments in the Middle East while assessing the stability of the U.S.-Iran ceasefire. Futures on the Nasdaq 100 (NDX) and the...
Review and Preview: Shrugging Off the Shock
Hotter inflation couldn't stop the S&P 500 and Nasdaq from clocking fresh record closes on Thursday. Plus, a look at consumer spending.
Jim Cramer says these 3 mistakes are keeping investors out of AI winners
CNBC's Jim Cramer said investors may be missing some of the market's biggest AI winners. He pointed to three reasons why: overreliance on index funds, skepticism toward “obvious” investment themes and...
Why Are Stock Market Futures Flat Today, 5/28/26?
U.S. stock futures were near the flatline on Thursday evening as traders watched developments in the Middle East and a fragile U.S.-Iran ceasefire. Futures on the Dow Jones Industrial Average…
This overvalued stock market just flashed a rare buy signal
Market-timers ran for the exits at a near-unprecedented pace, giving contrarian-minded bulls an opportunity.
Fundstrat's Tom Lee explains the 'three market phases' he is watching this year
Tom Lee, Fundstrat, and Brian Belski, Humilis founder and CEO, joins 'Closing Bell' to talk the trajectory of the market.
Inflation data reinforces need for Fed to hike by 100 bps, says former Trump economist
Joe Lavorgna, SMBC Americas managing director & chief economist and fmr. counselor to Secretary Bessent, joins 'Fast Money' to talk the need to hike rates.
U.S. and Iran Are Close to a Deal
Plus, a plan to put Trump's face on a $250 bill faces hurdles, and best friends turn their chemistry into a comedy empire
An Iran deal could actually trigger a painful stock-market selloff, despite Wall Street's optimism
Across Wall Street, investors are assuming that a credible and lasting deal between the U.S. and Iran would be an unmitigated positive for stocks and other risky assets.
Inflation-Wary Investors Pour Into Short-Dated Bond Funds
Ultra-short bond funds are more popular than ever. BlackRock said that ‘traditional portfolio diversifiers are challenged.
Stock Market Today: SPY Rallies to Record High as U.S.-Iran Deal Awaits Final Approval
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) rose to new all-time highs on Thursday following news that U.S. and Iranian negotiators had agreed to the terms…
Reports of an Iran deal boost markets, new-car buyers are disappearing, and GDP growth slows. Read more in today's Markets P.M.
Stocks rose on reports that Iran and the U.S. had reached a preliminary deal. There was no official confirmation from either side of the reports, which said a 60-day ceasefire extension had been agree...
S&P 500 Top Stock Gainers Today, 5/28/26
The S&P 500 (SPX) rallied to an all-time high on Thursday amid investor optimism over a U.S.-Iran memorandum of understanding (MOU). Let’s break down the sectors behind the performance. Today’s…
How NASA's Chief Plans to Bring Back the Moonwalk — And Beat China
On today's Big Take podcast, NASA Administrator Jared Isaacman sits down with Bloomberg's Tim Stenovec to talk about why the US needs to beat China to the moon, how he plans to vie with SpaceX and Blu...
Fed’s Cook Is ‘Prepared to Raise Rates’ if Disinflation Doesn’t Emerge
Federal Reserve Governor Lisa Cook supports holding rates steady for the time being, although she added that her stance would drift toward raising interest rates if disinflation doesn’t materialize so...
US and Iran reach deal for ceasefire extension
'The Big Money Show' panelists discusses the U.S. and Iran reaching a deal to extend the ceasefire, the situation in the Strait of Hormuz and the impact on the markets. 00:00 US-Iran reported 60-day c...
CFTC sues Rhode Island over actions against prediction markets
The Commodity Futures Trading Commission announced a lawsuit against Rhode Island on Thursday. Last week, the state sued Kalshi and Polymarket, arguing that the companies were violating state gambling...
Fed's Musalem on Possible Rate Hike, Balance Sheet and Warsh
Federal Reserve Bank of St. Louis President Alberto Musalem says the balance of economic risks have shifted toward the inflation side. Speaking with Bloomberg's Stephanie Flanders at a central banking...
The Trump Accounts App Launched Today. Here’s How to Score $1,000 for Your Child
The Trump Accounts app launched on all major app stores across the U.S. on Thursday and provides access for each child born between January 1, 2025 and December 28, 2028…
AI Inference Demand Won't Stop Anytime Soon, Says Benchmark's Vishria
Eric Vishria, partner at Benchmark, joins to discuss the high demand for fast AI inference and to give his outlook for the physical AI space as companies navigate constrains around compute, from memor...
U.S. Personal Savings Rate Collapses to Near 4-Year Low
The personal savings rate among Americans dwindled to a near four-year low of 2.6% in April, down from 3.2% in March and 5.5% a year ago. The rate represents the…
Brad Gerstner on the market, tech and the flood of mega IPOs
Brad Gerstner, Founder and CEO of Altimeter Capital, joins CNBC's "Halftime Report” to talk everything from markets, tech and how to navigate the flood of mega IPOs releasing this year.
Consumer Sentiment Hits Record Low—Economy Stays Solid
Consumer sentiment has dropped to record lows, but the economic outlook isn't too much worse. The measures of consumer attitudes that are frequently cited in news reports have little independent impac...
Nasdaq Index: Record Highs Follow Cooler PCE and Iran Ceasefire Talk
Nasdaq hits record highs as cooler PCE data and Iran ceasefire talks lift tech stocks while traders watch oil prices and Fed expectations.
US inflation rose at fastest pace in three years in April as Iran war hikes up prices
Americans are growing frustrated with Trump's handling of the economy as cost of living soars ahead of midterms
Fed's preferred inflation gauge worsens as Iran war sends food, energy prices surging
The personal consumption expenditures price index jumped 3.8% in the 12 months through April, the largest rise since May 2023.
Fed's Musalem says it's risky to bet that AI will ease inflation
St. Louis Federal Reserve President Alberto Musalem on Thursday offered a skeptical view of the expectation that artificial intelligence will reduce inflation by fueling a surge in productivity, argu...
Gaming association says states have lost $1 billion in tax revenue due to prediction markets
The American Gaming Association now estimates states have missed out on $1 billion in tax revenues due to the rise of prediction markets. President and CEO Bill Miller believes the platforms are curre...
Goldman's Wheeler Sees 'Generational Opportunity' in AI
Miriam Wheeler, Goldman Sachs global head of leverage finance, says investors are focused on hard assets associated with the infrastructure buildout of artificial intelligence and this is a "generatio...