You want to make a lot of money, right? And you would like to do it quickly and easily, too, I bet. Getting rich quick isn’t easy or reliable, but it can certainly be easier given enough time.
One way is to invest in a low-fee, broad-market index fund.
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Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown.
This story about the advance estimate of second-quarter GDP will be updated with further details.
» Read more about: US economic growth slows unexpectedly in second quarter »
Technology stocks were rising premarket Thursday, with the State Street Technology Select Sector SPD
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» Read more about: Sector Update: Tech Stocks Rise Premarket Thursday »
U.S.-listed exchange-traded fund (ETF) inflows totaled $1 trillion in the first half of 2026 alone, marking the first time the industry has achieved such a feat. By June 30, U.S.-listed ETF assets had reached a record $15.8 trillion.
While those statistics are impressive, what do they mean for you?
Dearbail Jordan
Reporting from the Bank of England
Bond markets, however, were on edge, with the yield on the 30-year Treasury bond surging to its highest level in 19 years,
South Korea’s benchmark KOSPI has plunged more than 33% in July, its worst month in history. The collapse surpasses the October 1997 IMF crisis, when the index lost 27%, and the October 2008 global financial crisis at 23%.
The index closed at 5,593.56 on Thursday, down another 1.23%,
» Read more about: South Korea’s Stock Market Crash Is Now Officially Worse Than 1997 and 2008 »
BNY Mellon Investment Management, one of the world’s largest investment managers, is headquartered in Manhattan, NY, and serves as the asset management arm of The Bank of New York Mellon Corporation (BNY). The company was established on July 1, 2007, following the merger of The Bank of New York Company Inc.
» Read more about: 3 BNY Mellon Mutual Funds to Consider Amid Market Volatility »
The world’s largest economy unexpectedly lost steam heading into the summer as the destabilizing conflict in the Middle East upended energy markets.
US gross domestic product, which captures all the goods and services produced in the economy, expanded at an annualized rate of 1.5% from April through June.
» Read more about: US economy’s growth was weaker than expected in the second quarter »
By PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remained above the central bank’s 2% target.
