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Private Problems
December 14, 2023 | Two years after Wall Street began splurging on buying music rights, the music has stopped, and interest has seemingly dried up.
Rate Cuts Incoming
December 13, 2023 | Jerome Powell and Co. indicated that three rate cuts are coming in 2024, which was well received by global markets.
Core Focus
December 12, 2023 | Happy CPI day. That’s right, new inflation data is out, and we wouldn’t be worth the keyboards we type this on if we didn’t report on it.
Fed Talk
December 11, 2023 | Risk on? Risk on.
‘Tis the Season
December 10, 2023 | ‘Tis the season to spend, spend, and spend away.
The Price of Everything
December 09, 2023 | Believe it or not, the cost of taking a shower can vary dramatically worldwide. Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800.
Still Hiring Away
December 08, 2023 | After inflation being top of mind for a year and a half, Wall Street’s focus is reverting to pre-Covid norms. That is, jobs reports are once again front and center on investors’ minds, especially since many analysts are calling for the Fed to dramatically cut interest rates next year — a tactic historically reserved for recessions.
Peak Exuberance
December 07, 2023 | There are “no longer any bears left.” That’s from Goldman Sachs managing director Scott Rubner, commenting on how enthusiasm around expected Fed rate cuts has driven markets higher in recent weeks.
Down to Business
December 06, 2023 | World leaders from more than 190 countries have gathered at the United Nations climate summit in Dubai this week. There’s a lot at stake after the hottest summer on record, per NASA.
The Time Has Come
August 23, 2024 | “The time has come for policy to adjust,” Powell said during the Fed’s annual retreat this week in Jackson Hole.
Harness the Power
August 21, 2024 | We might not be far from a day when virtually everyone has an AI assistant at work. Need a tedious or monotonous series of tasks done by noon? No problem. Already, AI is helping people with something else: starting businesses.
Prime Targets
August 19, 2024 | Meet Annette Manes, an 83-year-old widowed social worker tricked by con artists impersonating JPMorgan Chase's fraud department and U.S. agents into handing over about $1.4 million of her savings.
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