Big Wall Avenue organization sees a breakout in luxury stocks — and lists three explanations why ETFs are a terrific way to engage in it

Big Wall Avenue organization sees a breakout in luxury stocks — and lists three explanations why ETFs are a terrific way to engage in it


ETF Edge

Significant Wall Street firm sees a breakout in luxurious shares — and lists a few factors why ETFs are a wonderful way to participate in it

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Sean Conlon@SeanAustin96

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Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Finance

Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’

Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]

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Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
Finance

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

Key Points President Donald Trump urged Congress to pass a law limiting credit card interest rates to 10%. It followed a social media post where he urged banks to set that cap. The banking industry has criticized the proposal. Source

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Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe
Finance

Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe

Warren Buffett, Greg Abel and Ajit Jain during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett. The conglomerate, which owns GEICO insurance and BNSF Railway, registered its […]

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