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Fed stress tests fall short, finance professor says

Tomasz Piskorksi of Columbia Business School says Fed didn’t include scenarios that killed Silicon Valley Bank, First Republic

5 stock-market takeaways as Biden sees ‘incredible pressure’ to step aside after debate

President Joe Biden will face “incredible pressure to step aside” following his shaky debate performance against Donald Trump Thursday night, though the decision will ultimately be his alone, said Isaac Boltansky, director of policy research at BTIG, in a note.

Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.

A list of 20 standout stocks during the first half of 2024 includes names riding the AI wave, but also a few surprises.

Nike entering a ‘transitional’ year as it wrestles consumer demand challenges, say analysts

Nike reported fourth-quarter results after market close Thursday

Bankrupt Fisker is recalling 12,523 vehicles to address outer door handle defect

Fisker Inc. said Friday it has issued a voluntary recall of 12,523 vehicles in North America and Europe to address an issue involving the outer door handles.

Warren Buffett to donate $5.3 billion worth of Berkshire Hathaway stock to charity

The gifts stem from a schedule for annual grants that Buffett drew up in 2006.

Moderna’s RSV vaccine gets positive opinion from EU advisory panel

The vaccine, called mResvia, has already been approved by the U.S. Food and Drug Administration, becoming Moderna’s second approved product after its COVID-19 vaccine, Spikevax.

Tech’s dominance of Russell 1000 will hit record levels after latest reconstitution

This year’s furious rally in technology and megacap stocks is set to leave its mark on Friday when FTSE Russell carries out its latest annual index reconstitution.

Oil prices rise, head for monthly gains as Middle East fears simmer

Oil futures rose Friday, on track to book monthly gains as investors continued to fret over the possibility of a wider Middle East conflict that could threaten flows of crude out of the region.

Engaged couples spend a fortune on weddings. They’d be happier investing in their marriage.

“We don’t need to learn anything about money for our marriage,” one bride says. Actually, they do.

Trump Media’s stock up 8% as markets react to Biden’s uneven debate performance

Trump Media & Technology Group Corp.’s stock rose 8% early Friday, after widespread criticism of the performance of incumbent President Joe Biden in his first presidential debate with former President Donald Trump.

After Biden’s debate showing, markets confront chance of a new candidate

Polling expert Nate Silver says California Gov. Gavin Newsom or Vice President Kamala Harris would be better choices.
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