Articles

No Fed rate cuts in 2024, Wall Street economist warns investors

The Fed won’t cut rates because the economy isn’t slowing down, warns Apollo’s Torsten Slok.

GE sets date for final spin-off: What that means for the stock

General Electric Co. has set the date for the final split of the company — just as the stock had its biggest monthly gain in more than a year.

Why Dell’s stock is having its best day on record — and lifting Nvidia, AMD shares

Dell is becoming cool again, emerging as a beneficiary of the AI trend.

This bank is using AI to work out S&P stock price targets for its millions of customers

The online unit of Santander Group announced Wednesday that all clients will be a free new service that uses AI to determine stock prices

My wife and I are physicians with 457(b) plans that we can’t roll over into IRAs. How should we take this money in retirement? 

“Once you make a distribution decision, it can never be changed.”

US. manufacturers contract again in February, ISM finds, but business seen picking up

A barometer of business conditions at American manufacturers fell again in February as orders declined and more workers were laid off, but executives said there were preparing for expansion later in the year.

Most Treasury yields trend lower after manufacturing, consumer-sentiment data

Treasurys rallied Friday morning, turning most yields lower, following a mixed batch of U.S. data on manufacturing.

Construction spending falls for the first time since December 2022  

Construction spending fell 0.2% in January, the Commerce Department reported Friday.

Consumer sentiment softens at the end of February

A survey of consumer sentiment slipped in late February but stayed at a 32-month high in a sign of optimism about the U.S. economy.

FuboTV shares soar on narrower-than-expected fourth-quarter loss and revenue beat

FuboTV Inc. shares climbed 14% in premarket trading Friday after the sports-first TV-streaming company reported a narrower-than-expected loss and better-than-expected revenue in its fourth-quarter results.

DWAC discloses new lawsuits seeking to block merger with Trump Media & Technology

In the new filing, the special-purpose acquisition corporation, or SPAC, disclosed new lawsuits that seek to block the merger, as well as changes to its bylaws that specify that any complaints brought against it be directed to the U.S. District Court for the Southern District of Florida.

Here’s what a neutral chatbot thinks of Elon Musk’s lawsuit against OpenAI and Sam Altman

Who better to turn to than a chatbot for their view of the case?
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