Is the economy K-shaped or C-shaped? Finance pros weigh in
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead —…
Reports: SEC subpoenas banks over Situational Awareness blow-up
Leopold Aschenbrenner Photo: Josh Edelson The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders…
Inside India newsletter: Chip squeeze hits Chinese smartphones as Apple, Samsung gain an edge
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India” —…
From Super El Niño to Europe’s heatwave: How to trade extreme weather
Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips…
Goldman Sachs and JPMorgan Chase are emerging as AI winners
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon.…
China factory activity grows faster than expected in June on tech export demand
LIANYUNGANG, CHINA – JUNE 28: An employee works on the carbon fiber production line at the Lianyungang base…
MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
SEOUL, SOUTH KOREA – 09 DECEMBER: People walk past the Korea Exchange (KRX) building, as stock markets in…
Military spouses face 20% unemployment. Many start businesses—and face new hurdles
When Cece Meadows started her cosmetics brand Prados Beauty from her daughter’s nursery in 2019, she just wanted…
China’s May exports, imports top forecast as AI boom offset Iran war drag
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing…
Treasury retreat eases, traders eye highest 30-year yield since 1999
Yields on U.S. Treasurys were slightly lower early Tuesday, easing losses in the previous session as traders weigh…
Here’s what to expect from Friday’s release of the April jobs report
Not that long ago, U.S. payroll growth of less than 100,000 or so a month meant the labor…
Addicts say prediction markets pose the same risk as sports gambling
The soccer coach had blocked himself from sportsbooks by the time he found prediction markets. The tax accountant…