Business

After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting. A bigger reduction could send stocks reeling. As of Wednesday, investors were placing the probability …

Stocks previously seen as beneficiaries of former president Donald Trump’s prospects for a second term tanked on Wednesday after a presidential debate between the candidate and Democratic candidate Kamala Harris. Trump Media & Technology (DJT) dropped as much as 13% after post-debate commentary described Trump as defensive as Harris appeared …

A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall Street hoping for a half percentage point cut. The Consumer Price Index on a core basis, excluding volatile food and …

Cathie Wood’s growth investing style could be back in fashion. The co-founder, CEO, and investment manager of the Ark Invest family of exchange-traded funds is getting into good groove in recent weeks. Her largest fund is up 17% since bottoming out last month. Ark publishes its trades daily, so we …

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A closely watched report on US inflation showed consumer prices rose in August at the slowest pace in three years on an annual basis, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. The Consumer Price Index (CPI) increased 2.5% over the prior year in …

Everyone loves a stock that pays a huge dividend, but finding one you can trust is not always easy. After all, what good is a high dividend yield if the company cuts the payout? Fortunately, there is hope. The energy industry can be a great place to look for big-time …

Among the many corporations that pay a dividend, some do so unpredictably and irregularly. Others rarely raise their payouts — perhaps once every few years — while others still quickly resort to dividend cuts once the going gets rough. Those companies that can regularly pay and raise their dividends and …

(Reuters) – U.S. stock index futures dipped on Wednesday, with investors pricing in greater odds of Democrat Kamala Harris prevailing in the upcoming presidential elections, while focus moved to a key inflation reading later in the day. Investors have for weeks been adjusting their expectations around the Federal Reserve’s policy …

The increased investor interest in all things related to artificial intelligence (AI) helped drive massive returns for several associated stocks and contributed greatly to the performance of the current bull market. The investment spark that AI advancement set off also likely contributed to an improvement in the overall economy. The …