US government shutdowns don't send markets tanking, but the coast is far from clear
The possibility of a US government shutdown has cast a shadow on a market already rife with uncertainty.
2023-09-28 19:54
Coal makes a quiet resurgence in the clean energy era
As momentum shifts toward clean energy, coal has had some unexpected staying power.
2023-09-27 19:49
AI deals give investment banks a glimmer of hope
Dealmaking on Wall Street hit a dead end last year and has struggled ever since.
2023-09-26 19:57
The very rich are often bad investors. Here's why
It's pretty easy to squander vast sums of money. Just ask the descendants of the wealthiest Americans.
2023-09-25 19:57
It was a big week for interest rates. Here's what you need to know
Central bank officials around the world relayed a somewhat unified message this week to the global economy: Inflation is coming down, but the battle is far from won.
2023-09-22 19:47
US debt rises to $33 trillion as government shutdown looms
As the US national debt passes $33 trillion and a government shutdown looms, Wall Street feels defensive.
2023-09-20 20:27
Banks scramble to find leaders equipped for today's economic realities
Wall Street has a knowledge hole.
2023-09-19 19:51
US gas prices are unusually high. Here's why you shouldn't worry
Falling leaves typically coincide with falling gas prices as the summer driving season comes to a close and demand at the pump wanes. Instead, gasoline prices are getting more expensive and are just pennies away from their highest level so far this year.
2023-09-18 19:50
The latest data signals the Fed will pause next week and keep future rate hikes on the table
With less than a week to go before the Federal Reserve announces its next interest rate decision, Wall Street has reviewed a bevy of economic indicators released this week.
2023-09-15 19:50
Wall Street's mood is improving — but it's far from upbeat
Wall Street's optimism has edged up in recent weeks after an August slump to levels not seen since the collapse of several regional banks earlier this year.
2023-09-14 20:22
This week's US inflation data is very important. Here's why
Markets hate uncertainty, and there's a lot of it this fall: The United Auto Workers union may strike on Friday, the federal government is heading toward another potential shutdown in October, geopolitical tensions with China remain heightened and oil prices could stay elevated through December. There's also the looming question about whether the Federal Reserve will hike interest rates again.
2023-09-12 20:55
Why stocks could avoid a steep selloff this September
US stocks typically see their worst performance of the year in September, but there are signs the market could avoid a steep downturn this time around.
2023-09-07 22:55