Wall Street

Italy is a bargain for vacationing Americans. Not so much for Italians

RIMINI, Italy — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of…

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Why wealthy Americans love UBS, the secretive Swiss banking giant

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…

Here’s where the jobs are for May 2023 — in one chart

The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services…

Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more

Check out the companies making headlines after the bell. Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer…

Stocks making the biggest moves premarket: Macy’s, Salesforce, Dollar General and more

Check out the companies making headlines before the bell. Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…