Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…
Two fresh ways to play the weight loss and megacap tech hype
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In…
Democrats cite AI gains and automation in Senate bill calling for 32-hour workweek
Sen. Bernie Sanders and Senate Democrats cited advances in artificial intelligence and automation Thursday in their argument for a bill…
Megacap tech stocks dominate many ESG funds. Here’s why
The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and…
Kari Lake woos D.C. lobbyists at fundraiser, private meetings as Arizona Senate race heats up
Arizona Republican Senate candidate Kari Lake has been quietly meeting with lobbyists and raising money in Washington in recent weeks,…
These ETFs could help investors reduce Big Tech exposure
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting…
January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
