Small-cap stocks post longest rally since 2021 after Fed rate cut. What's next?
The small-cap focused Russell 2000 Index RUT was down 0.6% in early afternoon trading Friday, after booking seven straight days of gains. The rally marked the index's longest streak of daily gains ...
The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
If you're willing to push a little bit past the fear, then the world of investing opens up to you. What you pick will have to align with your goals for the money and your time horizon, which will be ...
'We have no health insurance': My wife died, leaving behind a lot of medical debt. Am I responsible for her debt?
I'm sorry that you lost your wife after such a long stay in the hospital. Having this debt hanging over you only makes a traumatic situation worse. You and your wife are not alone in being uninsured; ...
Tech giants desperate to power AI data centers are turning to nuclear disaster sites - despite the risks
The tech industry's need for more power for data centers running artificial intelligence is now so desperate that companies are turning to nuclear disaster sites, despite the potential risks.
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed's historic interest-rate cut
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...
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Shohei Ohtani clinched 50/50 while only making $2 million. Here's how much his season was really worth to his team.
Los Angeles Dodgers star Shohei Ohtani made history on Thursday when he became the only player in MLB history to record 50 home runs and 50 stolen bases in a single season. And he did it with a ...
What the Fed’s Rate Cut Means for Bond Investors
The yield curve inverted in 2022 as the Fed hiked rates and shorter-maturity bonds outearned longer-maturity bonds, but in ...
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Intel's stock seals strong week. But would a Qualcomm merger make sense?
One fund manager sees 'more cons than pros' if the companies were to combine, after the Wall Street Journal reported that Qualcomm approached Intel about a possible deal It's been a dramatic few days ...
Coinbase Benefits From Higher Cryptocurrency Prices and a Leaner Cost Structure Heading in 2024
We are increasing our fair value estimate for Coinbase to $135 per share from $130, which translates to 33 times our 2024 earnings projection. The bulk of the increase in our fair value estimate comes ...
The fan who caught Shohei Ohtani's 50th home-run ball could make $500,000
But some fans see dollar signs above all. Certainly, that appeared to be the case with Cory Youmans, the fan who caught Aaron Judge's 62nd home-run ball in 2022. That historic homer gave the New York ...
Sanofi Says FDA Approves Sarclisa for Treatment of Blood Cancer Patients
Sanofi said the Food and Drug Administration has approved Sarclisa as a first line combined treatment option for adult patients with newly diagnosed multiple myeloma who aren't eligible for autologous ...