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All-cash buyers are becoming more common, despite a housing market that’s been struggling with affordability issues.
The wealthiest 10% have a median net worth that is $800,000 greater than it was three years ago.
Americans are unhappy about the economy, they’re worried about artificial intelligence and they took their frustration out on Republicans in the U.S. midterm elections.
Agility is going public via a SPAC merger that one executive says will give it a “first-mover advantage.”
Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.
JPMorgan’s Michael Cembalest is worried about data center build-outs following midterm elections, and he’s looking two years ahead.
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificial-intelligence spending.
In the 1980s, a Republican president, a Democrat Speaker of the House and an inflation-fighting Federal Reserve chairman powered a stock-market rally.
Now that absolute value is much harder to find in the AI trade, with bets having to be made on a longer-term, more speculative basis, it’s time to search for relative value within the sector, says one research service.
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.
“My brother had no job and needed a place to live.”
Toyota Motor on Thursday saw an odd combination of a powerful stock-market gain after lowering its annual sales forecast.
Over a year after Richard Simmons’ death, the fitness guru’s longtime home has sold to a buyer drawn to its rich history.
Wall Street veteran Jared Dillian says the biggest problem is many investors these days have not lived through a major downturn. He’s got a portfolio that offers protection.
AppLovin’s stock is popping after “clearly positive” earnings results.
Most Americans are “thrilled” or “happy” about the results of this year’s election. Some are especially so.
Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.
Figma’s investments in AI models and agents are driving usage, but the cost of delivering these features is proving to be expensive
Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.
Investors are flocking to Apple as a safe haven as AI infrastructure names come under pressure from midterm election results
Silicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight.
There are many ideas for saving Social Security. All of them will hurt.
The burger chain is overhauling its menu and seeking to deliver a “clear and compelling value proposition.”
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
Oil dropped Wednesday, putting prices on track for their largest one-week decline since 2020.
U.S. data-center spending won’t drop a lot, but watch for delays, relocations and increased expenses for individual projects
Energy stocks have already been under pressure, and newly elected officials may not slow the data-center boom as much as feared.
Microsoft and Amazon shares rose sharply on Wednesday, with one portfolio manager noting that a cloud-supply crunch could help the companies raise prices.
The Democrats’ election sweep on Tuesday could have far-reaching consequences for markets and the economy.
“Sometimes I wonder whether wealthier Americans should trade places with people like me.”
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