Articles

China’s PBOC holds steady on key policy rates

China’s central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate later this month.

Activist investor Starboard reportedly seeking changes at Autodesk

Activist investor Starboard Value has taken a roughly $500 million stake in Autodesk Inc., the Wall Street Journal reported late Sunday, and is seeking changes at the software company.

Kaskhari says it’s ‘reasonable’ to predict Fed won’t cut rates until December

It’s a “reasonable prediction” that the Federal Reserve will wait until December to cut interest rates, Minneapolis Fed President Neel Kashkari said Sunday.

Advent International to take up to $3 billion minority stake in Fisher Investments

Private-equity investor Advent International will take a minority stake in money manager Fisher Investments, the companies announced Sunday.

Big Tech—not the Fed—is driving the stock-market rally. Here’s what investors need to know.

Big tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that the stock market could shrug off concerns about the interest-rate outlook to sustain its upward momentum.

Inflation is widening the divide between how the wealthy and everyone else sees the economy

A steadily growing economy and low unemployment have helped to ease some of the pain of high inflation, but middle- and low-income Americans say they are feeling more stress.

Scams against seniors are on the rise: ‘There’s no magic wand to get that money back’

How older adults can avoid cybercrimes and financial scams

Investors in recent Broadway shows could lose a staggering $200 million

Ahead of the Tony Awards on Sunday night, the industry has yet to regain its prepandemic form at the box office.

Will Nvidia spur a stock-split frenzy? Why companies have been waiting longer to split.

Companies like Broadcom and Chipotle say lower stock prices are more accessible. But the prevailing mindset has been that a higher price signals companies are “doing something right.”

Worried you missed the Nvidia bandwagon? Here are some alternatives.

Is it too late for investors to jump on the Nvidia bandwagon? Maybe, but there are some alternative stocks that may offer good value.

Reports of the petrodollar system’s demise are ‘fake news’ — here’s why

Stories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi Arabia spread like wildfire on social media. But the agreement never existed.

‘We get a raw deal’: On Father’s Day, here’s the worst thing you can do — and it doesn’t involve giving your dad a ‘crummy’ tie or tickets to see Taylor Swift

“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
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