Articles

Bitcoin’s latest “halving” — the fourth in the cryptocurrency’s history — is now complete. And while the token’s prices are off their highs from earlier in the day, there doesn’t seem to be much of a reaction — at least, not yet.

More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.

Gasoline prices are on the rise this election year, and President Joe Biden’s team wants to make sure they’re “affordable” for Americans — but can the White House actually do that?

The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.

The decline in Magnificent Seven stocks has erased a collective $934 billion from their market capitalizations so far this week.

ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.

“I got the email on my off day, and they sent it in the middle of the night — no warning,” one former Tesla employee said about the layoffs.

Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.

“We believe investor expectations have over corrected,” Morgan Stanley analysts say.

After emerging from the ordeal of 8% mortgage rates, some in the housing market thought the worst was over.

Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?

Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one stalwart bull is starting to question whether they are still worth it at current levels.