JPMorgan top economist says the Fed should cut rates by a half point this month
The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…
Visa debuts a new product designed to make it safer to pay directly from your bank account
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit…
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to…
Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.…
