This under-the-radar trend may provide investors with relief from runaway inflation fears
A longtime market bull sees an under-the-radar trend that should calm runaway inflation fears, and it has nothing to do with Federal Reserve policy. According to The Leuthold Group’s Jim Paulsen, private money coming from individuals and companies has been...
El-Erian says the Fed is behind on inflation and risks another recession if it is forced to catch up
Federal Reserve officials are underestimating inflation and risking that the U.S. could fall into another recession, Mohamed El-Erian, chief economic advisor at Allianz, told CNBC on Monday. Central bank leaders insist that the recent round of price pressures will subside...
UBS to let two-thirds of employees combine working from home with the office
FABRICE COFFRINI | AFP | Getty Images UBS is planning to let up to two-thirds of its employees permanently combine working remotely with being in the office, in stark contrast to some Wall Street banks. A spokesperson for the Swiss...
Stock futures open higher as S&P 500 looks to add to record
A man walks past the charging bull statue near the New York Stock Exchange. Mandel Ngan | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening...
Inflation looks bad now, but it’s pretty much sticking to the script
Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Under normal circumstances, the recent spate of high inflation numbers would be cause for high alarm. But in the present Covid-era...
Here are 8 easy ways to save money by going green
d3sign | Moment | Getty Images The Earth is heating up and the effects — droughts, hurricanes, wildfires, to name a few — are getting more common and severe. Yet consumers can do something about climate change — in simple...
Stocks making the biggest moves midday: Nike, Virgin Galactic, Blackberry, big banks and more
Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared 38% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into...
Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other...
Key inflation indicator posts biggest year-over-year gain in nearly three decades
A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce Department reported Friday. Though the gain was the biggest since April 1992, it met the...
Chinese companies sign up for Euro 2020 soccer sponsorships in a bid to go global
Football fans watch UEFA Euro 2020 Championship Group A match between Wales and Switzerland at a pub on June 12, 2021 in Shanghai, China. Chen Yuyu | Visual China Group | Getty Images BEIJING — After home appliance company Hisense...
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