Home builder stocks shine as prospective buyers turn to new construction
Home builder stocks are on a tear, boosted by a jump in new home construction as Americans shun the historically tight and unaffordable housing market.
2023-09-01 19:47
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:26
The Fed is 'flying blind' on the economy. Will this week's jobs data help?
Welcome to jobs week. Investors are eagerly anticipating a slew of news about the health of the US labor market over the next couple of days.
2023-08-28 19:56
Jackson Hole: Fed policy collides with reality in the most unequal county in America
Central bank officials from across the world have descended upon Jackson Hole, Wyoming this week to discuss policy decisions that will shape the economy for years to come.
2023-08-25 19:48
Could Fed Chair Powell's Jackson Hole speech send stocks plunging again?
With Nvidia earnings out of the way, the next test for US markets is Federal Reserve Chair Jerome Powell's annual speech at the Jackson Hole economic summit on Friday.
2023-08-24 19:51
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 19:55
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
Shoppers are trading down, even in secondhand purchases
Jitters about the health of the economy aren't stopping consumers from buying, but they are becoming more value-driven and less picky about what they buy, even when they're shopping secondhand.
2023-08-22 21:49
Will Chinese deflation help cure the West's inflation problem?
The Chinese economy has hit a rough patch. That might be the catalyst needed to finally cure the West of its inflationary woes.
2023-08-22 19:59
Is David Solomon on his way out at Goldman Sachs? The CEO whisperer weighs in
David Solomon, CEO and president of Goldman Sachs, is getting bad press — a lot of bad press.
2023-08-21 20:19
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 13:51
Why are Treasury yields so high and what does it mean for you?
US Treasury rates are white hot. That's bad news for stocks and anyone planning to buy a home.
2023-08-18 20:54