News

Here's why 'dead' investors outperform the living

Investors who leave their portfolios alone tend to outperform those with a heavier hand.

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

Warren Buffett went on the record to deny social media posts shared by Trump that included a false endorsement from the "Oracle of Omaha."

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday

Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Va.

Traders betting Fed will cut rates at least 4 times this year to bail out economy

Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.

Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth

The actively managed ETF industry is now roughly the market cap of Berkshire Hathaway — and one expert thinks trade risks could boost interest even higher.

China's cities may see 'flying taxis' as soon as three years, aviation company Ehang predicts

Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.

China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties

China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.

DeepSeek AI excitement spills over to Hong Kong's IPO market

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.

Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.

Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge

The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.

Tariffs will likely raise much less money than White House projects, economists say

White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.
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