Inflation isn’t ‘all the way there’ to the Fed’s 2% goal, Kashkari says. Rate cuts can wait.
Neel Kashkari echoed a slew of other senior Fed officials in saying the central bank wants more assurance inflation is slowing toward the central bank’s...
Fed’s Mester warns against cutting interest rates too soon and too quickly
Cutting interest rates too soon would risk some of the progress seen on reducing inflation and might cause interest-rate policy to reverse course, Cleveland Federal...
Growth vs. value stocks in the ‘greater fool’ stage: Stifel’s Bannister sees this risky trading strategy playing out in Big Tech-dominated rally
The mega-cap, FOMO-driven stock-market rally suggests that investors are playing the “greater fool” games on growth stocks, and their overextended valuations could mean a weak...
These two threats could topple Big Tech and erase U.S. stocks’ 2024 gains
These two catalysts could topple the top-heavy stock market this year.
Alibaba’s stock surges ahead of earnings, and Nio’s bounces sharply off four-year low
U.S.-listed stocks of China-based companies enjoyed broad gains after a sovereign fund said it would step up purchases.
Healthy Returns: Novo Nordisk, Eli Lilly are tackling weight loss drug supply woes
Novo Nordisk and Eli Lilly are working to increase supply of their popular weight loss drugs. Meanwhile, the implantable neurotechnology field is heating up.
Bolts appeared to be missing from Boeing 737 Max door plug that blew off midflight, NTSB says
The NTSB's preliminary report comes about a month after a door plug blew out of an Alaska Airlines' 737 Max 9.
Disney activist Blackwells proposes splitting up company in proxy fight
Activist investor Blackwells Capital has a solution for Walt Disney Co. and its chief executive Bob Iger to rev up sales: Split the company into...
Regional-bank stocks look ‘very risky’ after ‘barely’ growing dividend payouts since 2006
It’s not just worries about high interest rates and commercial real estate that are plaguing regional banks in the U.S., according to DataTrek Research.