Day: September 22, 2024
Here are 3 stocks to buy after the Fed’s ‘crisis level cut,’ according to one strategist
The U.S. Federal Reserve’s bumper 50-basis-point interest rate cut last Wednesday caught several market watchers by surprise , one chief market strategist said — sharing where and how he’s investing in such an environment. The U.S. is “five weeks in front of what’s a very chaotic presidential election … and the Fed is never really […]
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Dow futures are little changed after clinching record high following Fed rate cut: Live updates
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week’s interest rate cut propelled the blue-chip index to a record closing level. Futures tied to the 30-stock index lost […]
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House Speaker Johnson axes Trump voting restrictions in new government funding bill
U.S. Speaker of the House Mike Johnson (R) (R-LA) departs a press conference with Republican leadership on Capitol Hill on September 18, 2024 in Washington, DC. Win McNamee | Getty Images News | Getty Images Republican House Speaker Mike Johnson on Sunday announced a new temporary government funding proposal with key amendments from the original […]
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More than 700 former military and national security officials endorse Harris, say Trump is ‘impulsive and ill-informed’
US Vice President and Democratic presidential candidate Kamala Harris boards Air Force Two at John Murtha Johnstown-Cambria Airport in Johnstown, Pennsylvania, on September 13, 2024. Drew Angerer | AFP | Getty Images More than 700 former national security and military officials endorsed Kamala Harris for president over Donald Trump in the 2024 election in an […]
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Trump says he won’t run again in four years if he loses November election
Republican presidential nominee, former U.S. President Donald Trump arrives for a campaign event, his first since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan. Scott Olson | Getty Images Former President Donald […]
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At least 51 dead in Iran coal mine blast
Teams conduct rescue operation after the number of people killed in a methane gas explosion in a coal mine reportedly risen to 28 in Tabas district of South Khorasan, Iran on September 22, 2024. Anadolu | Anadolu | Getty Images A gas explosion in a coal mine in Iran’s South Khorasan Province killed at least […]
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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to tech investments as a hedge. In the past year, funding for AI companies by […]
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A new ETF uses AI to emulate Warren Buffett’s investment style
Human investors who have tried to replicate Warren Buffett have mostly failed miserably, but now artificial intelligence is taking a crack at it. Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO’s investment philosophy and create a […]
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Sri Lanka’s Marxist-leaning Dissanayake in early lead to become president
A man waves Sri Lanka’s national flag after climbing a tower near presidential secretariat in Colombo on July 11, 2022, after it was overrun by anti-government protestors. (Photo by ARUN SANKAR/AFP via Getty Images) Arun Sankar | Afp | Getty Images Sri Lanka’s Marxist-leaning leader, Anura Kumara Dissanayake, grabbed a commanding early lead on Sunday […]
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