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Jason MaFortune |
Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.
Shares of South Korea's SK Hynix will list on the Nasdaq and are expected to start trading on Friday.
“We have both junior and senior employees commuting over one hour each way to work, and yet you feel this policy doesn’t apply to you.”
Hamilton recognized how debt can unlock resources that could transform the young republic. But first he had to untangle the mess created by the...
Energy analysts have estimated that 25% or more of Russia’s oil refining capacity has been taken offline by Ukraine's drone attacks.
Money contributed to Trump Accounts at launch will be put in the State Street SPDR Portfolio S&P 500 ETF as an initial default investment.
"Not only the fact of independence but also the appearance of independence is key to the Federal Reserve’s design."
“In placing massive hyperscaling bets, investors are setting lavish expectations about future earnings.”
"Why should a middle-class nurse pay a larger share of her paycheck than a wealthy corporate lawyer?"
Sources told Axios that the U.S. and Iran agreed to halt attacks and meet in Qatar on Tuesday to resolve differences over the Strait of Hormuz.
"The collision course is set, and worse is yet to come."
"It’s less dramatic than a palace coup, but this is what decline looks like."
"He had to sound hawkish to draw a clear line between himself and the White House."
The U.S. carved out an alternate path that runs along Oman's coast and said Saturday that it's been expanded to accommodate inbound and outbound...
"This volatility is, in our view, evidence of excessive froth and calls into the question the sustainability of this rally."
"The Fed was willing to look through the tariffs, but it is losing patience after the latest round of supply shocks."
"Our findings suggest that experience effects can turn short-run declines in labor demand into long-run declines in labor supply."
He also said the U.S. may take over the strait, adding "I'll blow the s--t out of them. If they don't make a deal, we'll collect tolls."
Corporate bond issuance in the year through May totaled $1.23 trillion, up 21% from a year ago.
"Will the Iranian announcement be enough to deter them? Or will Iran need to resort to force and directly violate the MOU's terms?"
China's goods trade surplus with the EU hit 360.6 billion euros in 2025, up 15% from 2024. And in the first four months of this year, the gap has...
“Our working assumption is that ~80% of energy flows will resume by the end of Q3, but a return to ‘normal’ could stretch into 2027.”
"But even with aid, Tehran’s ability to manage its domestic woes will remain limited, and the internal pressures will build."
Hegseth said the U.S. naval blockage in Iran is "impenetrable" and 125 million barrels of oil have now exited the Gulf, "showing that we control the...
"As a result, the most likely outcome is that in the 75th year, the government will end up with a big pile of debt, requiring large interest...
“Deal with the Islamic Republic of Iran is now complete. Congratulations to all!"
"The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated."
"Seems fitting that this should serve as the endgame."
"It was Defense Oriented Prompting (DOP), capabilities defenders need."
SpaceX raised $75 billion on Thursday in the largest IPO ever after offing more than 555 million shares at $135 a piece, valuing the company at over...
In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services...
The SpaceX IPO is expected to price Thursday evening, with shares trading Friday on the Nasdaq under the ticker SPCX.
"Selling flows in recent winners and levered products from retail to invest in SpaceX could be very large."
Tensions in the Gulf had already been escalating as the U.S. and Iran increasingly exchange fire, with both sides trying to establish their own...
"First of all, I didn't guarantee no war," Trump claimed. "Why would I have built the strongest military in the world?"
"Dario and Sam have begun to walk back their claims of massive job loss, but the damage to public trust is done, and now the chickens are coming home...
"The attack drones posed an immediate threat to regional maritime traffic," U.S. Central Command said.
"Bond markets unravel sooner when investors believe that the government will not restore fiscal sustainability."
"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."
Russia is reeling as casualties reach staggering heights, recruitment of replacement troops wanes, and areas far from the frontlines come under...
Over the last three weeks, Central Command has guided about 70 ships in and out of the Persian Gulf.
"While the willingness to shield markets may endure, the capacity to do so is less."
"Nearly every function in the military depends on the ability to store, move, process, secure and exploit vast quantities of data at speed and scale."
China has quietly emerged as the global oil market's stealthy swing consumer, potentially holding off doomsday a while longer.
"Blue Origin’s inability to launch Blue Moon anytime soon is likely to put the company out of the running for Artemis III."
"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price...
To sail through the strait without being detected by Iran, many ships are turning off their Automatic Identification Systems.
Economic growth is also stagnating, with GDP expected to tick up just 0.4% this year, down from a previous view for 1.3%.
“U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces."
In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services...