SpaceX plans to build a $100 billion spaceport in Louisiana
Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion launch facility in Louisiana.
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Is the K-shaped economy ending? Finance pros weigh in
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending, and financial security — while many lower-income households stru…
Read more →Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
Treasury Secretary Scott Bessent's bond market interventions have generated a modest decline in yields along with a growing chorus of derision from those who think they won't work over the long haul and could have dange…
Read more →Cash is no longer king in home sales
As the residential real estate market continues to lose steam, competition is weakening, and cash is no longer necessary to win a deal.
Read more →Nvidia Earnings Put Jensen Huang—and the AI Trade—Back in the Spotlight
Nvidia’s announcement earlier this week that it is investing $100 billion into OpenAI to help fund its massive data center build out has added to a growing sense of unease among investors that there is a dangerous finan…
Read more →Dick’s Sporting Goods plunges on guidance cut, Q2 miss
Dick's Sporting Goods reported a 23% drop in profits and slashed its earnings guidance for the year after it saw an uptick in retail theft and implemented aggressive markdowns to clear out excess inventory in its outdoo…
Read more →Oil drops 3% as U.S. shifts to economic pressure on Iran, easing fears of renewed war
Oil prices fell more than 3% on Tuesday as the U.S. pivots to economic sanctions rather than military strikes to pressure Iran.
Read more →Canada poised to retaliate against Trump tariffs: 'We're not waiting by the phone'
Canada is poised to announce new tariffs on U.S. goods Tuesday in retaliation for the 50% duties that President Donald Trump imposed after a breakdown in trade talks, Canadian trade minister Dominic LeBlanc told CNBC.
Read more →Apple announces new Mac Mini and Mac Studio models with AI upgrades
With more consumers turning to Apple's computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applic…
Read more →Investors poured into Canadian ETFs right before trade talks broke down
Souring loans in private credit hit a three-year high, according to PitchBook data.
Read more →China needs U.S. dollars but is building a hedge against Washington’s sanctions
BEIJING — The U.S. is threatening to cut businesses that help Iran evade sanctions off from the American financial system. It puts China's banks in an uncomfortable position: Beijing can reject the demands, but its bigg…
Read more →Stick with value stocks until everyone starts talking about them — they’re still under the radar, this Wall Street firm says
Artificial intelligence penny stocks sit at the intersection of two things traders love: volatility and a big story. These stocks trade at low prices, often under $5, and they belong to small companies trying to carve o…
Read more →Yes, the government can take your home after a Medicaid recipient dies. Here’s how to protect yourself.
The vote record below tells you how I voted and why, bill by bill. This section tells you the larger story: what House Republicans actually won in this budget, and just as important, what we killed. Because a budget is …
Read more →Stock Indices Finish Mostly Lower on Chipmaker Weakness
The S&P 500 Index ($SPX) (SPY) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.97%. E-mini S&P futures (ESU26…
Read more →Nvidia’s dependence on hyperscalers faces big test in earnings report
Nvidia has been the profit engine of the artificial intelligence boom, filling up data centers with its graphics processing units, which are also powering the biggest AI models.
Read more →Dick's Sporting Goods stock falls 15% as retailer misses expectations, cites 'challenging' footwear market
Dick's Sporting Goods on Tuesday reported quarterly earnings that missed Wall Street expectations and lowered its outlook for Foot Locker amid what it called a "challenging athletic footwear and apparel marketplace."
Read more →Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it
Read more →The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style
The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts.
Read more →LXP Industrial Trust Reaches Analyst Target Price
In recent trading, shares of LXP Industrial Trust (Symbol: LXP) have crossed above the average analyst 12-month target price of $10.20, changing hands for $10.34/share. When a stock reaches the target an analyst has set…
Read more →S&P 500: Nvidia’s Earnings and Fed Outlook Could Determine the Next Move
An overbought market faces a big slate of S&P 500 and hyperscaler earnings next week.
Read more →Bull of the Day: Palantir Technologies (PLTR)
Palantir Technologies (PLTR) has suddenly emerged as a leader in the artificial intelligence boom, alongside extraordinary growth across both its commercial and government businesses.
Read more →Nvidia Earnings Could Create New Entry Points in These 8 Chip Stocks
The convergence of Nvidia's quarterly earnings report and the Federal Reserve's Jackson Hole economic symposium represents a critical inflection point for the 2026 stock market. These back-to-back events will test wheth…
Read more →Trump targets Iran’s trade lifelines — here are the countries most exposed
The U.S. announced an "economic D-Day" campaign Monday to isolate Iran from the global economy, threatening penalties against "enablers" that continue doing business with Tehran.
Read more →Stock Indices Finish Mostly Lower on Chipmaker Weakness
The S&P 500 Index ($SPX) (SPY) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.97%. E-mini S&P futures (ESU26…
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