The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues in its economy, it said.
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These retail traders lost big in the first meme stock episode. Here's why they won't stop betting on GameStop.
Retail traders who lost money in the first GameStop saga say that they're still tempted to jump back in as the stock rallies anew in 2024.
Stock market today: Indexes cap stellar first half of 2024 with losses even after encouraging inflation report
Stocks edged lower despite market excitement over the latest personal consumption expenditures, which showed softening inflation.
What a Trump 2.0 presidency would mean for the stock market
"We would be inclined to only slightly lower our S&P 500 forecast of 6,500 by end-25, if Trump won," Capital Economics said.
Warren Buffett says he'll put his $130 billion fortune into a charitable trust run by his children after he dies
The Berkshire Hathaway executive will put his fortune into a trust run by his three children, who will decide how to use it, he told The Wall Street Journal.
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Stock market today: Indexes rise as traders cheer cooler PCE inflation
The Fed's favorite inflation measure dropped to its lowest level in three years, fueling optimism for rate cuts.
Stock market today: Indexes edge higher, yields fall ahead of the Fed's favorite inflation gauge
US stocks finished Thursday slightly higher, with traders awaiting PCE data on Friday for fresh clues about the direction of interest rates.
Roaring Kitty post of a dog sparks brief rally in shares of Chewy and Petco
Gill posted an image of a dog on his X account, causing the petcare stocks to spike Thursday afternoon.
Bed Bath & Beyond board members were concerned Ryan Cohen got insider info before his $60 million windfall, new deposition details show
Bed Bath & Beyond's CEO testified she had concerns about Ryan Cohen's relationship with some board members.
Russia is flooding Europe with discounted gas to win back Western buyers
Gas markdowns of at least 10% are being seen in Central and Eastern Europe, the Center for European Policy Analysis said.
Stocks are set for a 10% correction amid stagflation and no rate cuts in the 2nd half of 2024, Stifel strategist says
The stock market is threatened as lofty valuations collide with sticky inflation and slowing growth, Stifel strategist Barry Bannister said.
Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless claims came in lower than expected.
Lumber prices have plunged 24% as this year's home builder season fails to meet expectations
"Last week's housing report provided confirmation for many that demand is somewhat worse that most realized," Sherwood Lumber told Business Insider.
Stock market today: Indexes rise as traders await new data
Nvidia shared wavered after rebounding on Tuesday. Amazon jumped nearly 4%, crossing a $2 trillion valuation for the first time.
Why the world is barreling towards a 'food war,' according to one commodity trader
"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO said.
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Nvidia will hit a $6 trillion valuation by the end of the year as investors start to realize how cheap the stock is, hedge-fund manager says
"Even though the stock has done so well, it is still relatively cheap compared to where it was trading in the past," Eric Jackson said.
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Stock market news: US stocks slide and bond yields rise as traders eye new economic data
Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after rallying in Tuesday's session.
Rivian stock soars 37% after it strikes $5 billion deal with Volkswagen
"This is a core game changer for Rivian and changes the capital structure of the company looking ahead," Wedbush analyst Dan Ives said.
The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says
Stocks are hugely overvalued and the economy is faltering, paving the way for a stock-market crash and a recession, B. Riley's Paul Dietrich said.