Challenging Fed rate converse pushes Wall Avenue economists into anticipating a large hike this thirty day period

Challenging Fed rate converse pushes Wall Avenue economists into anticipating a large hike this thirty day period




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Massive fire breaks out at Chevron oil refinery in California
World

Massive fire breaks out at Chevron oil refinery in California

An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest […]

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The AI trade could rapidly unravel – and one hedge fund is preparing for the fallout
World

The AI trade could rapidly unravel – and one hedge fund is preparing for the fallout

The AI boom is turbo-charging technology stocks, pushing the S & P 500 , the Nasdaq and Dow Jones to fresh record highs. But Karim Moussalem, chief investment officer of equities at Selwood Asset Management, sees “enormous risks” on the horizon for the AI trade which could rapidly unravel — and he is positioning his […]

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CNBC Daily Open: U.S. stock indexes charge ahead with three record closes
World

CNBC Daily Open: U.S. stock indexes charge ahead with three record closes

The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate not meeting yesterday because of Yom Kippur, the U.S. government stayed shut […]

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