Breaking News: Investing
Inflation data takes the spotlight next week on Wall Street
Suddenly, Wall Street cares about inflation again. After taking a backseat to the jobs report earlier this year, inflation data will take center stage next week as investors try to discern whether the Federal Reserve will cut in September. The latest consumer price index is set to release Tuesday, and the producer price index is […]
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Trump warns courts against knocking down tariffs, says duties are ‘huge positive’ for stock market
U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock […]
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Record-setting market: Using ETFs to help avoid hefty tax bills
ETF Edge Record-setting market: Using ETFs to help avoid hefty tax bills Published Fri, Aug 8 20257:30 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Prediction markets have a new favorite for the next Fed Chair — Christopher Waller
Federal Reserve Governor Christopher Waller converses on the sidelines of a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., May 9, 2025. Ann Saphir | Reuters The odds that Federal Reserve Governor Christopher Waller will be named the next chairman crossed above 50% for the first time on prediction market […]
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Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s
Jakub Porzycki | Nurphoto | Getty Images The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital […]
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Eli Lilly earnings are coming Thursday. Here’s what top analysts expect
Many on Wall Street expect that Novo Nordisk ‘s loss has been Eli Lilly ‘s gain, and this will be good news for the Zepbound maker’s second-quarter results. Novo Nordisk’s stock has cratered about 47% since the start of the year, as doubts emerged about the outlook for its GLP-1 drugs, Ozempic for diabetes and […]
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Hedge funds, matching the market’s performance, are turning cautious with stocks at record highs
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious with the S & P 500 sitting near a record high. Global fundamental long-short hedge funds returned 1.5% in July on an asset-weighted basis, bringing their year-to-date gains to 7.8%, according to data from Goldman […]
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Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, […]
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AI is already impacting the labor market, starting with young tech workers, Goldman economist says
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to […]
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Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record
The Coinbase logo is reflected on a cellphone screen in London, England, on Nov. 9, 2021. Leon Neal | Getty Images News | Getty Images Coinbase shares slid on Tuesday after the company announced a $2 billion private offering of convertible senior notes. Shares were last down more than 5%. The decline occurred as investors […]
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