Wall Street

Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks

Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy,…

This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom

The rapid growth in short-dated options that have become popular with hedge funds and retail traders alike is now spreading…

‘Same as ever’: Lessons on wealth, greed and happiness from Morgan Housel

(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM. …

Why cautious investors may want to look beyond high-yield savings accounts

Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active…

Warren Buffett makes big donation before Thanksgiving, assures shareholders Berkshire is built to last

Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter…

UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’

UBS Group CEO Sergio Ermotti says the “incredible” market demand for the bank’s recent issuance of AT1 (additional tier one)…

Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation

Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation…

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…

New fund bets big on Eisenhower-era stocks

Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…

IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica

Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice…