Trump announces $500 Obamacare refunds for nearly 1 million people — here's who qualifies
President Donald Trump announced Thursday that the federal government will issue $500 Obamacare refunds to nearly 1 million people starting in October.
Markets
Why is Qorvo stock surging today?
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Arabica Coffee Slides as Brazil Supplies Come to Market
December arabica coffee (KCZ26) is down -2.50 (-0.86%) today, and November ICE robusta coffee (RMX26) is up +56 (+1.61%).
Derailing the AI train will be surprisingly difficult, according to Bank of America
Proprietary measures of risk and investor anxiety — alongside historical perspective — persuade the bank that euphoria surrounding the AI trade has not reached bubble proportions.
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
Between taking SpaceX public in the largest IPO on record and rolling out a fleet of driverless Tesla Cybercabs in Austin, Texas, Elon Musk has also been digging tunnels. His tunneling venture, The Boring Co. announced …
I’m always covering for a lazy employee. How can I deal with him without going crazy?
It’s important we squarely face Trump’s victory and what there is to do about it.
The likelihood of a Fed interest rate hike next week just got a lot higher
A swell of unfriendly factors for inflation likely will push the Federal Reserve to an interest rate hike next week and there's possibly another before the end of the year, judging by market pricing Thursday.
AI is losing its stranglehold on the U.S. stock market. Here's why
A key tech-stock volatility metric options traders have been watching all year is reversing, sending a sign to investors that the U.S. bond market may now be usurping AI optimism as the primary driver of the stock marke…
OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
OpenAI is taking aim at some of Wall Street's most labor-intensive tasks with a new version of ChatGPT designed to research companies, analyze financial data and generate the presentations that investment bankers rely o…
Friday's CPI inflation report is even more important than usual. Here's what to expect
A report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week.
Wheat Ticking Higher on Thursday Morning
The wheat complex is trading with gains across the three exchanges so far on Thursday morning. Wheat pulled back from the recent strength on Wednesday, with contracts down across the three markets. Chicago SRW futures s…
Home sales fall in August despite the highest supply in over a decade
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.
Here’s how to avoid a six-figure error that many retirees make with their company stock
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Apple’s Duo Pricing Reshapes the Bull Case for iPhone Revenue
Apple's first foldable iPhone has landed with a $1,999 price tag, and Wall Street is already divided on whether the device will ignite the kind of upgrade wave the company has been waiting years to see. The iPhone Duo, …
Kimmel says interview with Senate candidate Talarico won't air on ABC amid FCC threats
ABC has come under increased pressure from the FCC, and the Trump administration has raised concerns about equal air time for political candidates.
Stocks Fall as Crude Prices Soar and Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) closed down -0.48% on Wednesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.29%. E-mini S&P futures (ESU26) fe…
Market Insight: How Investors Can Reduce Tech Risk in Emerging Market ETFs
Even after the summer correction, emerging-market ETFs still carry significant concentration risk. Investors can reduce this risk without having to forego emerging markets, according to Martin Müller.
October 30th Options Now Available For Select Sector SPDR Trust - State Street Consumer Staples Select Sector SPDR ETF (XLP)
Investors in Select Sector SPDR Trust - State Street Consumer Staples Select Sector SPDR ETF (Symbol: XLP) saw new options become available today, for the October 30th expiration. At Stock Options Channel, our YieldBoos…
Treasury yields surge toward the danger zone for stocks, as inflation pressures heat up
With global bond yields surging to multi-decade highs, a previously mundane corner of the financial world is now a hot topic on Wall Street.
U.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war
Oil prices remain elevated amid worries that escalating tensions in the Middle East could further exacerbate supply disruptions
Wholesale prices rose 0.4% in August, as expected
The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.
Trump warns Tehran over Pickaxe Mountain activity; U.S.-Iran exchange attacks on ships near Hormuz
U.S. President Donald Trump has urged Iran "not to get cute" over activity at a suspected nuclear site on Pickaxe Mountain, following a barrage of attacks between both countries on tankers around the strategically vital…
'Extinction' warnings ramp up as more OpenAI, Anthropic researchers join calls for an AI slowdown
There is growing concern globally about the capability of AI, following numerous cyberattacks and security incidents in recent months by rogue models
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August on Thursday, as demand for chips used in artificial intelligence applications remained strong.