Cathie Wood, head of Ark Investment Management, often buys her favorite tech stocks when she sees a new opportunity. That’s what she did last week, pouring $27.9 million into Meta Platforms (META) as the company Read more…
A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in Read more…
While it’s a giant player in the grocery space, Kroger lacks the buying power of bigger rivals Amazon and Walmart. You can add Costco to that list as well because its limited product selection magnifies Read more…
Fed hike bets increase after PPI and CPI reports Updated dot plot to be crucial for the dollar’s reaction. Warsh’s independence faces test amid Trump’s pressure for lower rates. For the dollar to extend gains, Read more…
EURUSD fell around 0.5% in early Monday trading, deflated by stronger dollar on growing expectations for Fed rate hike, as well as safe haven buying on the latest warning that pace of AI development must Read more…
Gold has broken below $4,300 even as oil surges and tech stocks selloff, because oil-driven inflation risk is feeding a sharply more hawkish Fed outlook that’s overpowering haven demand—and whether Dollar Index confirms that same Read more…
Most investors bury their mistakes in a footnote. Warren Buffett prints his in the shareholder letter, in plain English, with his name on it. For most of the past decade, the story around Berkshire Hathaway Read more…
Tranchau (Kris) T. Nguyen of the U.S. Government Accountability Office explains how retirement plan providers may be collecting, using, and sharing participants’ personal data in ways many workers do not expect. Jeffrey Snyder, Broadcast Retirement Read more…
When the chief executives of two of the most valuable companies on earth independently use the same language to describe what they are seeing in the economy, it is worth more than a passing scroll. Read more…
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