The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
Trump Media shares close nearly 10% lower as sell-off continues
Shares of Trump Media & Technology Group fell nearly 10% on Tuesday, continuing the stock’s tumble following the conviction of…
Steve Cohen is set to make a big push into investing in AI
Billionaire investor Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according…
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic…
May retail sales rise 0.1%, weaker than expected
Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales…
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry’s bidding by considering changes…
GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy
GameStop shares slid on Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the…
