Global Stocks Near Record on Countdown to Fed Cut: Markets Wrap
(Bloomberg) — A gauge of global stocks traded near its record high Monday as the prospect of Federal Reserve interest rate cuts on the horizon stoked sentiment. Most Read from…
Oil Rises as Israeli Strikes on Lebanon Ratchet Tensions Higher
(Bloomberg) — Oil advanced as the Middle East braced for escalating conflict after an Israeli strike on Hezbollah targets in southern Lebanon. Most Read from Bloomberg Global benchmark Brent rose…
Asia shares edge up before inflation tests, oil gains
By Wayne Cole SYDNEY (Reuters) – Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope…
Why Viking Therapeutics could be ‘onto something pretty amazing’
Eli Lilly (LLY) and Novo Nordisk (NVO) have become hot stocks over the past year thanks to their blockbuster GLP-1 drugs to treat obesity. Over the last year, Lilly and…
Fed’s Powell Nods to Upcoming Strategy Review as Officials Prepare to Cut Interest Rates
(Bloomberg) — In Jackson Hole this weekend, Federal Reserve Chair Jerome Powell outlined two priorities for the months ahead: keeping the US economy afloat while also taking a closer look…
Nvidia gets ready to take over the stock market (again)
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…
The first question to ask when a markets expert speaks
Liz Ann Sonders, chief investment strategist at Charles Schwab, compiled an outstanding list of quotes from history’s investing legends. (I recommend reading her post from start to finish.) One quote…
How Google built a potentially lifesaving feature into a smartwatch
The most interesting feature of Google’s (GOOG, GOOGL) new Pixel Watch 3 is something you hopefully never have to use. The company’s third-generation smartwatch, the Pixel Watch 3, which starts…
‘A great step forward’: Nearly 9 million Americans to benefit from Medicare drug price cuts
Ask Teresa Smith how she feels about the hefty healthcare bills she and her husband pay each year, and her answer is simply: “Help!” Smith takes Farxiga, a daily medication…
4 Basic Things to Know About Bonds
Want to strengthen your portfolio’s risk-return profile? Adding bonds can create a more balanced portfolio by adding diversification and calming volatility. But the bond market may seem unfamiliar even to the…