Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 633 ...
The Mag 7 Is Making It Tough to Be an Active Fund Manager
With only a handful of stocks accounting for the bulk of the market’s gains, having a diversified portfolio can actually hurt ...
Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
Labour's plans to axe the U.K.'s non-dom tax regime could spark an ultra wealthy exodus, advisers and research bodies have ...
Friday's big stock stories: What's likely to move the market in the next trading session
On Thursday, the S&P 500 closed above 5,700 for the first time, while the Dow jumped above the 42,000 level. Here's what CNBC ...
23andMe directors resign as the CEO of the genetic-testing company seeks to take it private
All of 23andMe's independent directors resigned from its board this week, a rare move that marks the latest challenge for the ...
Ohio Supreme Court nixes suit against ‘submetering’ company between renters and utilities
The state Supreme Court on Wednesday dismissed a lawsuit challenging a regulatory ruling that leaves submetering companies – middlemen between utilities and renters who have been accused of price ...
Anthony Scaramucci says he is 'working alongside' Kamala Harris on her campaign's crypto policies
"I believe that we are making progress, and I think it's going in the right direction," Scaramucci said at the annual TOKEN2049 event in Singapore.
Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen ...
How Luxury Stocks Lost Their Shine. These Are the Ones That Will Get It Back.
Right now, it seems, both types have lost ardor for luxury goods such as her namesake handbags—and that is creating major ...
Why Putin’s Attempt to Rewire Global Trade Is Faltering, in Charts and Maps
Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions ...
After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.
The Federal Reserve hit the ground running on Wednesday with a big rate cut to kick off its easing cycle, signaling its ...
Anti-'woke' activists waged war on DEI. Civil rights groups are fighting back.
In a letter shared exclusively with USA TODAY, civil rights groups urged top business leaders to speak out against the ...