Consumer inflation rose at a hotter-than-expected 8.3% pace in April, fueled by worrisome gains across the services sector.
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Hotter-than-expected CPI report shows broader-based inflation that will be ‘very hard to kill’
World
S&P 500 futures are little changed as benchmark closes in on all-time high: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE S&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data. Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures added 33 points, or […]
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World
What’s driving Wall Street stablecoin interest? Trillions, and maybe biggest global money-moving shift since credit cards
After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis in trading on Thursday, after having moved up by more than 600% percent since its debut on the New York Stock Exchange earlier this month. Bitcoin and ether have […]
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World
UBS gives 3 key AI stocks to own from here
UBS thinks Nvidia , Broadcom and Micron will continue to win big as artificial intelligence demand ramps up. In a note published Thursday, UBS highlighted three major pillars that will drive AI demand going forward: Model training for providers such as OpenAI, Google and Meta Consumer-facing products such as ChatGPT and AI overviews The building […]
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