Articles

Reports of the greenback’s demise are greatly exaggerated — but here’s why a stronger dollar is detrimental to stocks, gold and appetite for risk

A stronger dollar has negative implications for risk appetite, precious metals and earnings.

Why Trump’s bet on Argentina was more strategic than just a short-term, winning trade

Argentine assets have rallied powerfully in the aftermath of Sunday’s election.

Ellen DeGeneres’ former $35 million oceanfront mansion is back on the market

Perched atop a bluff above the ocean, the home boasts 77 feet of beach on the California coast known as “Billionaires’ Beach” thanks to the extraordinary net worth of its residents.

Fiserv attracted hot money ahead of 44% stock-price nosedive

Fiserv, the fintech whose stock dived 44% on Wednesday after a profit warning, was bought by hedge funds who actively trade stocks prior to the collapse.

What’s in the Trump-Xi agreement struck on fentanyl, rare-earths, shipbuilding

The agreement stuck between President Donald Trump and Chinese leader Xi Jinping in South Korea on Thursday includes an agreement to reduce U.S. tariffs put on China overselling a precursor to fentanyl as well as a halt to shipbuilding levies for a year.

Will the Fed cut interest rates in December? Here’s what experts are saying.

After hearing Powell’s unprompted description about December, traders in derivative markets slashed their expectations of a cut to 67%, from 90% a day ago.

How Carvana’s same-day car deliveries have become the company’s secret weapon

Carvana shows another sales beat and set its sights on same-day deliveries to keep on going.

Fiserv’s former CEO left the fintech company in crisis. Trump put him in charge of Social Security.

Social Security Commissioner Frank Bisignano also sold his Fiserv stock for at least $500 million before the stock‘s collapse

Here’s why Chipotle is cutting its outlook — again

Chipotle pulls back on its expectations for the year for a third time in a row.

Dow’s climb toward 48,000 closing level is thwarted as Fed’s Powell pushes back on December rate cut

Wednesday’s climb toward a closing level above 48,000 in the Dow Jones Industrial Average was interrupted after Federal Reserve Chair Jerome Powell refrained from signaling that another interest-rate cut in December is on the way.

Starbucks puts up a surprise same-store sales gain — its first in seven quarters

Shares of Starbucks Corp. rose in extended trading Wednesday after the coffee chain reported a surprise same-store sales gain for its fourth quarter — its first in seven quarters — but cautioned that its turnaround would still be a “multi-year” effort.

Why ServiceNow is planning a stock split — and everything else to know from earnings

ServiceNow’s stock price has hovered near $1,000, and CEO Bill McDermott said a lower price will be more accessible to employees and investors interested in AI plays.
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