Economist warns Wall Street of big mistake over Trump
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Wall Street is mixed even
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Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade.
Discover how Citadel Securities solidifies its dominance in market-making with a key acquisition from Morgan Stanley.
Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.
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BlackRock, which manages around $10 trillion worth of assets for investors, spearheaded Wall Street’s campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024 that now hold 1.2 million bitcoin worth around $140 billion.
Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.
HSBC Holdings Plc has left the world’s biggest climate alliance for banks, which was rocked earlier this year by an exodus of the biggest lenders in the US.
Today’s Forbes Daily features new Canada tariffs, Ferrero’s $3.1 billion Kellogg deal, bitcoin's all-time high, Grok is coming to Tesla vehicles and more.
Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve's large balance sheet, the minutes of the U.S. central bank's June 17-18 policy meeting showed on Wednesday.
Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, believes the S&P 500 can rally another 12% this year.