Wall Street
- Finance
Despite rising inflation, experts say the Fed won’t budge on rates
A man wearing a face mask walks past the U.S. Federal Reserve in Washington, D.C., the United States, on Dec.…
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Job growth in February may mark the start of a hiring boom as the economy reopens
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, brings a take-out food order to an outside table at the Promenade…
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Here’s where the jobs are — in one chart
The number of jobs added to U.S. payrolls in February blew past expectations thanks to a sharp rebound in restaurant…
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Employers likely added more jobs in February, but economists say there’s no bounce back yet
A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March…
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Cryptocurrencies Will Have Their ‘Amazon Moment’ After Coinbase Debuts on the Stock Market, Analyst Projects
The exchange’s Wall Street listing could represent the beginning of cohesion between digital money and traditional finance. Free Book Preview…
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Dow Plunges Nearly 700 Points After Powell’s Speech Fails To Ease Investor Worries
Topline Stocks took a sharp dive Thursday afternoon after widely anticipated remarks from Federal Reserve Chairman Jerome Powell raised recent…
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Morgan Stanley raises GE target to $17, a high among Wall Street banks
Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on…
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Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses
Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion…
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‘Buzz’ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via…
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US investors turning away from largecap to small, midcap stocks; this 2000-share index beats S&P 500
Largecap stocks soared amid the pandemic while the smaller companies faced business hurdles, forcing stock prices to fall. (Image: REUTERS)…
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Shares of Rocket Companies are dropping after a 70% irrational pop in the heavily shorted name
A Reddit logo seen displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket |…
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The oil industry is getting greener much more quickly as U.S. focus shifts to climate change
A worker wrestles a stand of drill pipe into place on a drilling rig near Midland, Texas. Nick Oxford |…
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Shares of Rocket Companies, a large short target of hedge funds, jump more than 20%
Shares of Rocket Companies rallied more than 20% Tuesday in a surprising move on no apparent new news. The online…
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Share MARKET LIVE: Sensex jumps 500 points, Nifty tops 14,950 in pre-open; ICICI Bank stock surges 8.5%
On Wall Street, the S&P 500 surged on Monday in its strongest one-day gain since June. Image: Reuters Share Market…
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New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’
A visual representation of digital currencies. Yuriko Nakao | Getty Images New York Attorney General Letitia James sent a blistering…
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China’s Surging Bond Market Puts Default Risk On Wall Street
Foreigners are quickly becoming a big portion of the ownership of China corporate debt. getty In the search for yield,…
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‘There is no alternative’ — Stocks’ long-running ‘TINA’ advantage could be ending, worrying traders
The New York Stock Exchange (NYSE) stands in the Financial District in Manhattan on January 28, 2021 in New York…
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Sensex, Nifty beat global stock markets in February, despite 3% fall in last 5 days
BSE Sensex and NSE Nifty 50 beat major global share markets to become the best performing equity markets in February.…
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Buffett is buying back more Berkshire stock this year after record $25 billion repurchase in 2020
Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year…
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Warren Buffett’s Berkshire Hathaway bought these 3 stocks while sold Apple, bank shares
The value of Buffett’s shareholding is estimated to be more than $115 billion at the end of December last year.…
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Robinhood offers blistering retort to ‘elitist’ criticisms from Munger
Robinhood fired back at Berkshire Hathaway Vice Chairman Charlie Munger, who earlier this week said the free trading app was…
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Share Market LIVE: Sensex opens deep in red, gives up 50,000, Nifty below 14,800; bank stocks, RIL top drags
Shanghai Composite, Hang Seng, Nikkei 225, TOPIX, Kospi, and KOSDAQ were all trading deep in red. (Image: REUTERS) Share Market…
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Stocks just got some new competition from bonds as 10-year rate tops dividend yield
Bonds have been shunned by many investors as rock-bottom rates made them unattractive relative to equities. On Thursday, the bond…
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Cramer warns the GameStop surge has everybody unrealistically looking for stocks about to triple
CNBC’s Jim Cramer on Thursday questioned “are prices real” on Wall Street anymore, as he exasperatingly tried to explain GameStop‘s…
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Carlyle’s Rubenstein says biggest economic risk is high unemployment, not stock market speculation
David M. Rubenstein, Co-Founder & Co-Executive Chairman, The Carlyle Group. David A. Grogan | CNBC Carlyle Group co-founder David Rubenstein told CNBC…
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Robinhood is still on track for a hot IPO despite the GameStop controversy
Avishek Das | LightRocket | Getty Images Robinhood is recovering from weeks of customer backlash, and a public grilling by…
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Cathie Wood says her confidence is growing in Tesla, Ark Invest has been adding to position
Cathie Wood said Ark Invest is still bullish on Tesla and continues to buy up shares of the electric car…
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GameStop shares soar more than 100% amid executive shuffle
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more…
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Stripchat Becomes First Adult Cam Site to Launch a SPAC
Yep, that’s where we are with the stock market now. Grow Your Business, Not Your Inbox Stay informed and join…
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Wall Street clearing firm proposes 1-day trade settlement after Robinhood controversy
Pavlo Gonchar | LightRocket | Getty Images The firm that provides clearing and settlement services for brokers proposed shortening the…
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There is a bubble in 2021. What should you know before investing?
Bonds that a couple of years ago were yielding very good returns now offer frugal or even negative returns. Grow…
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Here’s what to expect from Thursday’s GameStop hearing with Robinhood, Citadel and Reddit CEOs
The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at…
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Warren presses Citadel CEO Griffin about relationship with Robinhood, payment for order flow
Sen. Elizabeth Warren, D-Mass. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren is pressuring Citadel CEO…
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Robinhood-GameStop hearing will scrutinize how brokerages get paid for trades
With attention focused on Robinhood, GameStop and retail traders at Thursday’s congressional hearings, trading volumes are very much in focus,…
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Texas outages hit water supplies as thousands struggle without power for a fourth day
Propane tanks are placed in a line as people wait for the power to turn on to fill their tanks…
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Workhorse Group drops nearly 50% after EV company is passed over for USPS contract
Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday…
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Is US stock market in a bubble yet? Billionaire hedge fund manager Ray Dalio uncovers froth
There is a very big divergence in the readings across stocks. (Image: REUTERS) Stock markets across the globe have seen…
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Citadel’s Ken Griffin defends controversial Wall Street practice, says firm would adapt if it were outlawed
During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his…
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Have Investors Lost Their Minds?After A Long Run Of Bad News Airline Stocks Soared On Monday
If you haven’t noticed – and it’s hard to imagine how anyone could have missed it – the news hasn’t…
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‘Flat out false’ — Ken Griffin says Citadel doesn’t use personal information from retail investors
Citadel CEO Ken Griffin dismissed as “flat out false” the accusation that his firm improperly uses information it garners from…
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Hedge funds that hunkered down after GameStop are now missing out on market gains
Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced…
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Retail sales expected to be strong in January, helped by stimulus checks
A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19)…
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