Investment strategy

‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…

This ETF is trying to satisfy appetites for weight loss stocks

Tema ETFs has been capitalizing on the risk appetite for weight loss stocks. It is behind the GLP-1, Obesity &…

Here’s where the jobs are for June — in one chart

The breakdown of the June jobs report suggests that growth has become increasingly uneven as the labor market shows signs…

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete…

Is the U.S. stock market too ‘concentrated’? Here’s what to know

The U.S. stock market has become dominated by about a handful of companies in recent years. Some experts question whether…

Chewy shares fall nearly 7% as the boost from Roaring Kitty’s new stake diminishes

The rally in Chewy shares lost steam Monday as traders reacted to a Securities and Exchange Commission filing that showed…