Business

Tatomm/iStock, Tyler Le/BI Inflation and higher interest rates aren’t going away, veteran strategist Bill Blain says. Blain, the principal of Wind Shift Capital, thinks global inflation is entrenched and rates can’t come down much more. Higher rates could crush speculative investments, driving a 12% decline in stocks, he said. Households …

Chevron (NYSE: CVX) is a very well-run energy company. And it offers an attractive 4.3% dividend yield backed by 37 years worth of annual dividend increases. If you are looking for a diversified energy stock with a high yield, it would make a great addition to your portfolio. But if …

The adoption of artificial intelligence (AI) is continuing at a brisk pace, but some are waiting for the other shoe to drop. A strengthening U.S. economy and robust quarterly results from several AI-related companies helped push the Nasdaq Composite to a new record high last week. Yet these same factors …

(Bloomberg) — The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential election that may not be decided yet. Central banks responsible for more than a third of the global economy will set borrowing costs in …

The stock market has surged to record highs since Kamala Harris entered the presidential race in July. Will the good vibes continue if she wins the White House? The answer might differ sector-by-sector. Fortune surveyed analysts and academics about what stocks could rally on a Harris victory, as well as …

(Bloomberg) — Elon Musk was dealt a significant setback in a court fight over compensation sought by the top Twitter Inc. executives he fired when he took over the company in 2022. Most Read from Bloomberg A judge ruled late Friday that former chief executive officer Parag Agrawal and other …

Nvidia (NASDAQ: NVDA) has been this year’s most influential stock, and it has posted huge gains in the process. The artificial intelligence (AI) leader’s sales and earnings have continued to expand at an impressive pace, and the company’s share price is up roughly 180% so far this year. That is …

DALLAS (AP) — Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court. …

Vice President Kamala Harris’s chance of winning the U.S. presidential election is lower than it was two weeks ago, according to a model that uses the stock market’s year-to-date performance to predict the incumbent political party’s likelihood of victory. Nevertheless, that model still predicts that Harris, the Democratic presidential candidate, …

Gold (GC=F) was hovering at a record high around $2,700 per ounce on Wednesday and silver was trading near 12-year highs, with the US presidential election between Kamala Harris and Donald Trump just days away and most investors expecting another rate cut at the Federal Reserve’s next meeting on Nov. …