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Bond traders await US inflation data to reinforce bullish wagers
NEWS INDUSTRY NEWS AUG 14, 2024
Bond traders await US inflation data to reinforce bullish wagers

Higher CPI would suggest a more dovish Fed.

Is Google about to be broken up by US justice department?
NEWS INDUSTRY NEWS AUG 14, 2024
Is Google about to be broken up by US justice department?

Either way, its search business will never be quite the same again.

Trading platform could be the K-pop of online brokerages
NEWS INDUSTRY NEWS AUG 14, 2024
Trading platform could be the K-pop of online brokerages

South Korean firm wants to disrupt US market.

Trump, Harris vie for votes with tax policy tit-for-tat
NEWS INDUSTRY NEWS AUG 13, 2024
Trump, Harris vie for votes with tax policy tit-for-tat

The warring Democratic and Republican camps have floated a generous child tax break and ending taxes on Social Security, among other proposals.

Stocks climb as July PPI stokes Fed speculation
NEWS INDUSTRY NEWS AUG 13, 2024
Stocks climb as July PPI stokes Fed speculation

The latest read from the Bureau of Labor Statistics shows muted gains in producer prices, supporting hopes of a September cut.

Investors still bullish on big tech despite market volatility
NEWS INDUSTRY NEWS AUG 13, 2024
Investors still bullish on big tech despite market volatility

BofA survey also shows continued expectation of a soft landing for US.

Oil prices could ease as IEA data suggests surplus ahead
NEWS INDUSTRY NEWS AUG 13, 2024
Oil prices could ease as IEA data suggests surplus ahead

It all depends on OPEC+ plan to hike supplies.

B. Riley misses report to regulators as it struggles to value assets
NEWS INDUSTRY NEWS AUG 13, 2024
B. Riley misses report to regulators as it struggles to value assets

Investment firm is under SEC investigation.

BlackRock ETF bleeds billions as great stock rotation sputters
INVESTING ETFS AUG 12, 2024
BlackRock ETF bleeds billions as great stock rotation sputters

What seemed like a shining opportunity for small caps was short-lived as macro fears and turbulence swept over investors.

Macro uncertainty, muted earnings outlook to weigh on stocks, warns Morgan Stanley strategist
NEWS INDUSTRY NEWS AUG 12, 2024
Macro uncertainty, muted earnings outlook to weigh on stocks, warns Morgan Stanley strategist

S&P 500 seen to stay range-bound as seasonal weakness and Fed fears start to creep in.