America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:55
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:54
They said we were getting a recession. Instead, we're getting a bull market
What do you get when you mix recession fears, interest rate hikes, a spending slowdown and a housing crunch? A recipe for a bull market, apparently.
2023-06-07 19:48
Main Street traders are taking big risks. They might not pay off
"Sell in May and go away" — shorthand for the idea that US stocks rise more between November and April than over the summer — is one of the most oft-repeated adages on Wall Street.
2023-06-06 19:47
Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:26
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:46
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:15
The banking crisis has gone quiet but it isn't over
Amid the US debt ceiling turmoil, a potential recession and the upcoming Fed meeting, Wall Street has a lot on its plate. Given the circumstances, it is understandable that investors may need to prioritize which emergency to address at each moment.
2023-05-31 19:52
How crypto is dealing with the debt ceiling turmoil
Cryptocurrencies are often characterized by their wild price swings and volatility, but stablecoins are digital currencies designed to do the opposite — to hold a steady value.
2023-05-30 19:45
Why Wall Street cares more about Nvidia than the debt ceiling
The debt ceiling debate and possibility that the United States could default on its financial obligations have hung over the heads of investors for nearly six months now. But Wall Street appears to be largely shrugging off the ongoing negotiations as noise, opting instead to focus on a better-than-expected first quarter earnings season.
2023-05-26 19:46
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:24
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:53