Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.
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SpaceX went public a month ago in a record IPO. Elon Musk's space and AI company was added to the Nasdaq-100 last week.
Christopher J. Waller, a governor at the Federal Reserve, said he needed to see several months of lower inflation data to feel confident about the outlook.
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
Near the midpoint of the year, stocks and bonds both report good returns. But the global stock market has become highly concentrated, our columnist says.
Investors are increasingly borrowing to buy stocks, a reflection of greed in the stock market as they seek to amplify returns with margin debt. The growing pile of borrowed money has some on Wall Street nervous.
Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.
The SOX chip index was suffering a unanimous selloff, after SK Hynix’s stock had its worst day in 18 years in South Korea trading.
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Sam Altman insisted that Elon Musk was again obsessed with him because of an OpenAI model release earlier this week.
Big banks are set to report booming Q2 revenue as the SpaceX IPO, Iran war volatility and a rebound in commercial lending fuel Wall Street's "sweet spot."