America is a free country. People are allowed to take all sorts of ill-considered risks.
President Donald Trump’s move to extract a 15% sales tax from Nvidia Corp. on certain semiconductors sold in China did nothing to damp investor enthusiasm for the world’s most valuable company.
Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras.
US short-dated bonds yields fell to their lowest levels in more than three months, reflecting conviction among traders that the Federal Reserve will cut interest rates in September.
Sam Altman has a good problem. With 700 million people using ChatGPT on a weekly basis — a number that could hit a billion before the year is out — a backlash ensued when he abruptly changed the product last week.
If you’re fighting an antitrust lawsuit that might end up breaking your company into pieces, one defense is to argue that those pieces would wither away if separated from the mother ship, thus creating a worse outcome for the consumer.
When going through a merger or acquisition, business continuity can be tricky. But advisor teams that make sure they are combining with firms with aligned cultures, services or business trajectories have a much higher chance of a successful transition — and retaining clients.
Your clients need to plan for long-term care, and you need to help them do so. The best way to start that process is to dissuade them from assuming that LTC equals a nursing home.
A CCO’s first 90 days often set the tone for long-term success — or sustained struggle. To better understand what matters most during this transition, we spoke with seasoned compliance leaders navigating the realities of financial services today.
Find ways to segment your clients by those who want to be with you physically and those who do not. Have different strategies for how you will engage each group. You can make it work no matter what communication forum you use, even if sometimes it takes extra effort.
Stodgy equity mutual funds have been bleeding cash for years, losing out to cheaper and often better-performing alternatives.
Traders are snapping up risky assets of all stripes in the hope that falling US interest rates will add rocket fuel to an economy that’s so far been able to withstand the effects of Donald Trump’s trade war.
Crypto exchange Bullish hasn’t gone public yet, but that isn’t stopping an ETF issuer from trying to capitalize on the hype.
The US oil industry is often compared to being on a treadmill: you run fast just to stay still.
Hong Kong is confronted with two gravity-defying puzzles this year. Investors are asking why the city’s interest rates are so low, and yet the housing market is so bad.
Generation X, defined by those born between 1965 and 1980, is rapidly approaching retirement age. At the same time, a growing body of financial data reveals this is a generation at risk of falling short.
Now that we are six months into the second Trump administration, it is worth revisiting the economic philosophy that I refer to as “TrumpBessenomics.” The term captures the fusion of Donald Trump’s populist, growth-oriented agenda with the strategic and data-driven approach of Treasury Secretary Scott Bessent.
In a twist on Wall Street’s traditional market plumbing, some of the biggest names in finance used a crypto blockchain to trade US Treasuries for digital dollars — on a Saturday.
US stocks rose on Tuesday after the latest consumer price index report stoked bets that the Federal Reserve is virtually certain to resume cutting interest rates next month.
Emerging-market stocks and currencies erased their early declines after a key US inflation report came in line with estimates, encouraging bets that the Federal Reserve will be able to start cutting interest rates next month.
Beijing has urged local companies to avoid using Nvidia Corp.’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue after the Trump administration reversed an effective US ban on such sales.
A quarter of a century ago, when Microsoft Corp. used its dominance of the personal computer market to force people to use Internet Explorer, it famously led to a devastating antitrust lawsuit loss that some believe held the company back for more than a decade.
The popularity of lab-grown diamonds is making me question the beauty of markets, which is their ability to place a value on pretty much anything.
We hope you find this alternative perspective based on forward-looking excess expected return helpful (and stress reducing) as you consider putting money to work in stock markets today and in the future.
Investor behaviors and preferences during the dot-com boom/bust and the current environment are similar. It's too early to label the recent speculative activity as a boom on the same scale as the late 1990s.
The central theme of “Our Dollar, Your Problem” is the global dominance of the U.S. dollar and what might dethrone it in the future. Rogoff’s concern about U.S. government debt and its possible effect on the value of the dollar is warranted.
As the specter of stagflation ripples through equity markets, investors are zeroing in on the upcoming consumer inflation report to see how close the dire economic scenario is to becoming a reality.
Jack McIntyre’s US global bond fund, aided by a slumping dollar, is posting one of the best performances in its almost two decades of existence. His challenge is convincing investors that it’s more than just a flash in the pan.
Christopher Harvey, head of equity strategy for Wells Fargo Securities LLC, has left the firm.
The Fed has long been criticized for reacting too slowly to economic developments, an inevitable consequence of relying on lagging government data. Now the Fed and BLS are likely to face even more pressure to catch up.
When it comes to fakes and dupes, of everything from Lululemon Athletica Inc. leggings to Dior handbags, imitations are most threatening when the real thing isn’t delivering.
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and Beijing.
Instead of pitching solutions or trying to impress prospects, you approached them like a doctor. You would ask thoughtful questions, listen deeply, and help them understand their challenges.
The AI hyperscalers that are spending hundreds of billions of dollars on data centers have dropped a windfall into the laps of the manufacturers, construction firms, building-materials makers and energy companies that make the build-out possible.
Some of the world’s biggest investors in private equity are worried they could lose their special status as thousands of retail investors get invited into an asset class that had been reserved for sophisticated clients.
At a rooftop bar on Manhattan’s Lower East Side, roughly 150 quant researchers met with employees at the artificial-intelligence startup Anthropic who implored them to consider a life away from Wall Street.
Green firms in the US have found something of a lifeline in artificial intelligence after being bogged down by high interest rates, shrinking funding and, more recently, President Donald Trump’s sharp rollback of support.
Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing for its data center expansion in rural Louisiana as the race for artificial intelligence infrastructure heats up, according to people with knowledge of the matter.
President Donald Trump plans to sign an executive order Thursday aimed at eliminating practices by banks and their regulators that result in certain customers being denied access to financial services for ideological reasons.
President Donald Trump’s sweeping new tariffs officially took hold Thursday, as he barrels forward with his turbulent push to reshape global trade.
Every time there’s fresh evidence of labor market softness, as with the July jobs report, an obvious question is raised about the health of the US economy.
Developing-nation currencies pared gains on reports that Federal Reserve Governor Christopher Waller has emerged as a top Fed chair candidate, raising confidence over the independence of the institution and boosting the dollar.
When a bet goes wrong, investors are often tempted to hold on, convincing themselves that their short-term trade was always meant to be a long-term position.
I’m taking the chance in this week’s column to share some ideas and best practices. If you aren’t the one struggling to work with a colleague, maybe you could be the “coach” for others on the team and give some guidance
If your onboarding strategy feels more like survival training, it’s time to rethink the system. Start by mapping your team’s roles and identifying who can take ownership of what.
A long-feared change to Wall Street’s plumbing is paying off — and it’s freeing up billions.
President Donald Trump will announce that Apple Inc. will commit to spend another $100 billion on domestic manufacturing, the latest pledge by the tech giant to increase US production of its products as it seeks to avoid punishing tariffs on its flagship iPhones.
Semiconductor stocks sent the emerging-market equity benchmark lower as US President Donald Trump’s threat to raise tariffs on the sector and an investigation into a theft of trade secrets at Taiwan Semiconductor Manufacturing Co. spooked investors. Developing currencies fluctuated.
Stock bulls have another reason to worry that the blistering rally in American equities may be about to cool.
With all the uncertainty around big policy questions that directly affect companies, notably tariffs and immigration, forecasting has become thorny for Wall Street analysts.
