Finance

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…

Gold heads for record high close on view that Fed is poised to cut rates

Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered…

Many Americans think they’re insulated from climate change. Their finances indicate otherwise

Many Americans think they’re insulated from the effects of global warming. But climate change is already having negative and broad…

Small caps are the hottest trade going in the stock market right now and they’re up again Tuesday

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to…

Microsoft’s hiring of staff from AI startup Inflection referred for UK merger probe

Microsoft’s hiring of certain former employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in…

Man who claimed to be inventor of bitcoin referred to UK prosecutors for alleged perjury

LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin, was on Tuesday referred to…

Morgan Stanley earnings are out – Here are the numbers

Morgan Stanley reported second-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street…

Bank of America is about to report earnings — here’s what Wall Street expects

Bank of America is scheduled to report second-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: How…

Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the…