The financial markets witnessed a significant tectonic shift last Friday as S&P Dow Jones Indices announced the inclusion of mobile app technology giant AppLovin (NASDAQ: APP) and innovative fintech platform Robinhood Markets (NASDAQ: HOOD) into the prestigious S&P 500 index. These additions, effective before the market opens on
The United States is facing an unprecedented fiscal challenge as the cost of servicing its colossal national debt rapidly escalates. Driven by a combination of persistently high inflation and the Federal Reserve's aggressive interest rate hikes, projections indicate that interest payments on the national debt are on track to surpass
The global financial landscape is undergoing a monumental shift, marked by the effective expiration of the petrodollar system in June 2024. This historic development sees Saudi Arabia, a cornerstone of the original agreement, no longer exclusively accepting US dollars for its oil sales. Instead, the Kingdom is now open to
The global financial landscape is on the cusp of a profound transformation as stablecoins, once fringe digital assets, cement their pivotal role in the burgeoning crypto market. With transaction volumes now surpassing traditional payment giants, major economies have responded with landmark legislation: the United States' GENIUS Act and the European
Financial markets are holding their breath as the highly anticipated August 2025 Consumer Price Index (CPI) report looms, a critical barometer for inflation and a potential swing factor for the Federal Reserve's monetary policy. With inflation stubbornly hovering near the 3% mark, this economic data release, scheduled for Thursday, September
The U.S. economy displayed a marked slowdown in August, as evidenced by a significantly weaker-than-expected jobs report that sent ripples through financial markets and solidified anticipations of a Federal Reserve interest rate cut. With a paltry 22,000 nonfarm jobs added and the unemployment rate climbing to 4.3%
Mortgage rates are showing signs of an early descent, a welcome development for prospective homebuyers and those looking to refinance, even before the Federal Reserve's highly anticipated official rate cut on September 17, 2025. This pre-emptive decline underscores the financial market's forward-looking nature, where lenders and investors often adjust to
Global financial markets are witnessing a significant and potentially enduring shift, as investors increasingly rotate capital away from the long-dominant mega-cap growth stocks towards their undervalued counterparts: small-cap and value-oriented companies. This pivotal recalibration, gaining substantial traction in August 2025, signals a broadening of market leadership beyond a select few
The financial world is abuzz with the overwhelming anticipation of a Federal Reserve interest rate cut in September 2025. This pivotal shift in monetary policy comes on the heels of a "disappointing" August nonfarm payrolls report and a growing chorus of other indicators pointing to a significant weakening of the
Bank of America Securities analysts evaluate U.S. sports betting landscape, highlighting evolving bettor preferences, promotional campaigns, and new prediction market products.
Evercore said that the recent selloff in shares "might be overdone" when considering the lack of a proven causal link between Tylenol's active ingredient and neurodevelopmental disorders.
The U.S. stock market has delivered surprisingly strong returns in 2025, but history and Wall Street say the index will trade sideways in the remaining months of the year.
U.S. corporations have delivered a remarkably strong performance across the first three quarters of 2025, consistently surpassing Wall Street's earnings estimates and injecting a much-needed jolt of optimism into the financial markets. This robust showing, particularly pronounced in the second quarter, has largely mitigated earlier concerns about decelerating growth
Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI)
jumped 2% in the morning session after company executives expressed confidence in renewing its contract with star host Howard Stern, dispelling recent rumors about his potential departure.
Merrill and Bank of America launch Alts Expanded Access Program for wealthy clients with $50M+ net worth, providing access to private market funds previously reserved for institutions.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Furthermore, economic conditions have supported loan growth and fee income,
a trend that has enabled the banking industry to return 10.5% over the past six months, almost identical to the S&P 500.
Recent shifts in the U.S. labor market, marked by a significant deceleration in private sector hiring and an uptick in jobless claims, are sending clear signals across financial markets. These crucial economic indicators are not only reshaping investor sentiment but are also proving pivotal in guiding the Federal Reserve's
The U.S. labor market is showing definitive signs of cooling, igniting strong expectations among investors and economists that the Federal Reserve could initiate an interest rate cut as early as its September 2025 meeting. This pivotal shift in economic dynamics carries immediate and profound implications for financial markets, potentially
Shares of telecommunications and cable services provider Altice USA (NYSE:ATUS)
fell 3.3% in the afternoon session after the company provided a flat outlook for its third-quarter broadband subscriber trends during a presentation at a Bank of America conference.
