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Former Fed president Bullard is bullish on rate cuts
NEWS INDUSTRY NEWS JUN 21, 2024
Former Fed president Bullard is bullish on rate cuts

James Bullard says CPI data supports September easing.

Citi's wind-down plan doesn’t make the grade, says FDIC
NEWS INDUSTRY NEWS JUN 21, 2024
Citi's wind-down plan doesn’t make the grade, says FDIC

Regulator's board voted that the bank’s plan is deficient.

Supreme Court upholds foreign income tax on US businesses
RETIREMENT TAX JUN 20, 2024
Supreme Court upholds foreign income tax on US businesses

Seven justices ruled in favor of the divisive Trump-era tax measure, potentially setting back calls for a wealth tax.

The AI jobs threat is biggest for banking, says Citi
NEWS INDUSTRY NEWS JUN 20, 2024
The AI jobs threat is biggest for banking, says Citi

Some two-thirds of jobs across the sector could be automated or augmented by the technology.

Treasuries close to breaking even
NEWS INDUSTRY NEWS JUN 20, 2024
Treasuries close to breaking even

Volatility in the $27T market has eased significantly.

Oil set for boost from July 4 travel surge
NEWS INDUSTRY NEWS JUN 20, 2024
Oil set for boost from July 4 travel surge

71 million Americans are expected to travel during holiday period.

How a Long Island hedge fund trader built a $285M burrito fortune
NEWS INDUSTRY NEWS JUN 20, 2024
How a Long Island hedge fund trader built a $285M burrito fortune

A move down under and disappointing Mexican food led to success.

Nvidia topples Microsoft to become the world's most valuable company
NEWS INDUSTRY NEWS JUN 18, 2024
Nvidia topples Microsoft to become the world's most valuable company

The chip giant's shares have been on an unrelenting tear as AI fever continues to grip investors.

Bullish investors primed to drive stock rally, says BofA
NEWS INDUSTRY NEWS JUN 18, 2024
Bullish investors primed to drive stock rally, says BofA

US stocks and global equities will be the biggest beneficiaries as dollars rotate from cash, suggests survey.

More Americans have health insurance than pre-pandemic
NEWS INDUSTRY NEWS JUN 18, 2024
More Americans have health insurance than pre-pandemic

But 25 million remain uninsured according to new report.