Economy

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more

Check out the companies making headlines in after-hour trading. Lucid — The electric vehicle maker shed 8% after the company…

Worries linger about financial stability following bank rescue, Fed report shows

Banking system pressures, real estate stress and persistent inflation top worries about financial stability, though the system overall remains stable,…

Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says

WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…

Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows

Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to…

Stocks making the biggest moves midday: Berkshire Hathaway, Catalent, Tyson Foods, Zscaler and more

Check out the companies making headlines in midday trading. Berkshire Hathaway — The conglomerate’s A shares rose more than 1%…

The most important thing Warren Buffett said Saturday, and it isn’t good news for the economy

OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range…

Outlook for household spending slumped in April, New York Fed survey shows

Household spending is expected to decrease significantly over the next year, according to a New York Federal Reserve survey released…

Stocks making the biggest premarket moves: PacWest, Berkshire Hathaway, American Airlines, AMC and more

Check out the companies making the biggest moves in premarket trading: PacWest — The regional bank popped 39% in premarket…

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: U.S. stock indexes are coming…