Here’s why the stock market is throwing a tantrum about new inflation data
Stock investors are less than pleased with August inflation numbers. Core inflation rose unexpectedly, dashing hopes for a bigger rate…
The AI theme is ‘overcooked’ and investors should take shelter in quality defensive stocks, Morgan Stanley’s CIO says
Some of the “luster” has come off the AI trade, Morgan Stanley’s Mike Wilson says. Wilson says investors are now…
House Speaker Johnson pulls government funding bill after GOP support collapses
House Speaker Mike Johnson canceled a planned vote Wednesday on a stopgap funding bill that could keep the government open…
The market is acting like Harris won last night’s debate against Trump
Price action in the stock market suggests markets think Kamala Harris won Tuesday’s debate. Investors sold assets tied to the…
Ancient DNA unveils a previously unknown line of Neandertals
Neandertals traveled at least two evolutionary paths on their way to extinction around 40,000 years ago, a new study suggests.…
Stock market today: Stocks fall as annual inflation slows but monthly CPI notches surprise increase
US indexes were mixed on Wednesday as traders took in the latest inflation data. Core inflation rose 0.3% in August,…
This corner of the stock market is set to outperform once the Fed starts cutting interest rates, Goldman Sachs says
Mid-cap stocks are poised for greater growth than small- and large-caps, Goldman Sachs says. Analysts point to lower valuations than…
Trump says Harris debate was ‘rigged,’ ABC should lose license, but ‘we did great’
Donald Trump on Wednesday morning blasted ABC News moderators for hosting what the Republican presidential nominee called a “rigged” debate…
California droughts may help valley fever spread
Long dry spells can give a lethal fungal disease a lift. While California droughts can temporarily keep cases of valley…
