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Business & Finance
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
Government fears social discontent on ‘most important battlefield’ of economy and livelihoods as war takes its toll amid anti-state dissent
The S&P 500 is still within a stone’s throw of its all-time high, but the Nasdaq-100 is nearly in correction territory. It’s more than 9% below its high, which was last reached at the beginning of June
US stocks staged a major comeback on Thursday morning after a Fed-fueled sell-off, as Microsoft (MSFT) stock led tech gains and more earnings were on deck. But fresh US attacks on Iran, a bond rout, and worries about AI spending kept investors on guard
Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown
What happened:Long-dated Treasury bond yields stayed elevated on Thursday as investors digested the Fed’s decision to hold rates steady, while Wall Street pointed to signs of credibility trouble at the central bank
US health officials say nearly 2,000 people reported eating Taco Bell before becoming ill in the cylospora outbreak. See all topics New York —