Nvidia set the market alight last quarter. Can it repeat the trick?
Artificial intelligence darling Nvidia's upcoming earnings report could be a boost or a drag on a market already mired in the summer doldrums.
2023-08-23 19:53
Ex-OpenSea manager sentenced to 3 months in prison for NFT insider trading
By Jody Godoy A U.S. judge sentenced a former product manager at OpenSea, the world's largest marketplace for
2023-08-23 04:19
Analysis-China LNG buyers expand trading after adding more US, Qatari contracts
By Chen Aizhu, Emily Chow and Marwa Rashad SINGAPORE/LONDON China's liquefied natural (LNG) gas importers are starting up
2023-08-21 13:56
What do 'Big Short' Michael Burry and Warren Buffett know that we don't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 20:23
Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:29
Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:47
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:26
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:26
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:26
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:51
Coinbase CEO says complying with SEC request would have been the 'end of the crypto industry in the US'
The Securities and Exchange Commission asked Coinbase to halt trading on all cryptocurrencies except for bitcoin before it sued the company in June, Coinbase's chief executive told the Financial Times.
2023-08-01 02:17
Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 20:00