EverydayRead

Treasurys on the blockchain: How a new deal could reshape the ETF industry

Blockchain technology and tokenization could challenge the traditional ETF model.Janus Henderson said recently that it's partnering with Anemoy L...

The Federal Reserve may have pretty much just hit its 2% inflation target

Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the W...

Take a look inside a $1.1 million ‘zero emissions’ home

Courtesy: Wojciechowski FamilyReal estate is a key puzzle piece in achieving the U.S.' climate goals, according to federal officials.Residential ...

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on int...

Business

Tom Brady and partner Tom Wagner to pay over $200 million for stake in Las Vegas Raiders

National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday.The seven-time Super Bowl champ bought...

Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand

Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. The cybersecurity com...

FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades

Bristol Myers Squibb's Cobenfy drugCourtesy: Bristol Myers SquibbThe Food and Drug Administration on Thursday approved Bristol Myers Squibb's hig...

Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington,...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its t...

Cava earnings beat estimates as restaurant traffic climbs nearly 10%

Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and rev...

Disney earnings offer hope that streaming can successfully supplant linear TV

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty Images...

Earnings

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss...

Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings

Latest

Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold ex...

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024.Ste...

Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand

Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. The cybersecurity com...

‘Wicked’ tallies $19 million in previews, as ‘Gladiator II’ team-up heads for $200 million opening weekend

Posters for Wicked and Gladiator IISources: Universal (L), Paramount (R)The box office this weekend will be painted pink and green, with a splash...

Top 10 S&P 500 stock winners since Election Day

Stock traders on the floor of the New York Stock Exchange.Michael M. Santiago | Getty Images News | Getty ImagesMany large U.S. companies have se...

Trump and Fed Chair Powell could be set on a collision course over interest rates

Jerome Powell and President Donald Trump during a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on Thu...

Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024.Rodin Eckenroth | Filmmagic | Getty Imag...

Gap shares surge as it raises guidance, touts ‘strong start’ to holiday

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better-than-expec...

U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., ...

Here’s where the jobs are for October 2024 – in one chart

Getty ImagesThe jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed pict...

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim t...

Hyundai reveals all-electric Ioniq 9 three-row SUV

2026 Hyundai Ioniq 9 EV.HyundaioHyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for ...

Economy

The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interes...

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024.Ste...

Trump and Fed Chair Powell could be set on a collision course over interest rates

Jerome Powell and President Donald Trump during a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on Thu...

Here’s where the jobs are for October 2024 – in one chart

Getty ImagesThe jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed pict...

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024.Brendan McDermid | Re...

Finance

Elon Musk endorses Trump’s transition co-chair Howard Lutni...

Admin—November 17, 2024 0

Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California.The...

China set to report retail sales and industrial production data for October

November 15, 2024

Hedge funds performed better under Democratic presidents than Republican ones, history shows

November 13, 2024

Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’

November 11, 2024

Earnings

Jim Cramer’s week ahead: Earnings from Nvidia, TJX and Walm...

Admin—November 17, 2024 0

CNBC's Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. A...

Here’s why investors are so excited about Disney’s quarterly results

November 15, 2024

Spotify shares pop on better-than-expected profit forecast

November 13, 2024

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

November 11, 2024

Economy

UK economy surprises with September contraction, grows just 0.1% ...

Admin—November 17, 2024 0

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local g...

Wholesale prices rose 0.2% in October, in line with expectations

November 15, 2024

What Trump’s historic election victory means for the global economy

November 13, 2024

Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

November 11, 2024