markets

Here’s why September and October are historically weak for stocks

Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index…

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but…

Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris…

JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses

JPMorgan Chase shares fell 5% on Tuesday after the bank’s president told analysts that expectations for net interest income and…

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn’t rule out stagflation, even with greater confidence recently that inflation is…