The responsible investing boom is over. Can anything replace ESG?
Environmental, social and corporate governance, or ESG, investing is on a downward spiral.
2023-07-26 19:54
The stock market is dominated by just a handful of companies. The Biden administration is worried
Just seven stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- make up close to $11 trillion in market value and contributed about 75% of returns of the S&P 500 in the first half of 2023, according to a recent Bank of America report.
2023-07-25 19:57
How stock market expectations have changed this year
The stock market has stayed remarkably resilient this year, to the surprise of many on Wall Street. As the economy and market continue to hum along, some investors' expectations for what's to come are shifting.
2023-07-24 19:56
Markets and consumers are in an upbeat mood. Here's why
Stocks and consumer sentiment are rising in tandem after slumping last year, in another sign of growing optimism that the economy could dodge a recession.
2023-07-21 19:47
Kim Kardashian may be the hero the IPO market needs
Dealmaking on Wall Street has dried up, and it's costing big banks a fortune. Kim Kardashian could fix that.
2023-07-20 19:19
Bank CEOs are already complaining about new regulations they haven't even seen yet
Earnings season is officially underway, which means the CEOs of America's largest banks get to update the public about the health of their firms and their economic outlooks.
2023-07-19 20:19
US startups are having a bad year. Relief isn't coming
US stocks are climbing and second quarter corporate earnings are coming in strong (so far, at least). Investors on Wall Street are optimistic.
2023-07-18 19:54
Bulls and bears are locked in a battle for Wall Street
Bulls and bears have always engaged in battle on Wall Street. But the divide between so-called "bulls" and "bears" — optimistic investors who forecast rising stock prices and pessimistic investors who expect declining stock prices — is growing wider.
2023-07-17 19:28
Fine wine is souring as investment prices sink
Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. Recently, the barrier to entry in the wine-as-an-investment market has fallen drastically, with a number of easy-access online brokerages and advisories popping up.
2023-07-12 20:17
Will inflation come down this year? We're about to get a big clue
This week kicks off the second quarter earnings season, when firms in the US report on how much money they made (or didn't make) from April through June of 2023. It also brings a slew of new inflation data.
2023-07-11 19:27
How the Fed's new instant money program could lead to another regional banking crisis
FedNow is coming...now-ish. And that means money transfers are expected to get a whole lot faster.
2023-07-10 20:24
Some investors are shunning Wall Street's tech frenzy
While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the "all-in on tech stocks" trend and opting for a more diversified strategy.
2023-07-07 19:59