Barclays sees two more Fed rate hikes this year after Warsh speech
Aug 31 (Reuters) – Barclays expects the U.S. Federal Reserve to raise interest rates by 25 basis points in September and again in December after Chair Kevin Warsh’s latest remarks signalled a more hawkish stance,
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Read MoreBitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Spot Bitcoin exchange-traded funds broke a nine-day winning streak on Friday, shedding money just as their Ethereum counterparts kept pulling in fresh cash.
U.S. spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28, according to data from SoSoValue, ending a stretch of consecutive inflows that had run since mid-August.
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Read MoreSensex Today | Stock Market LIVE Updates: GIFT Nifty hints a weak start; US, Asian markets decline
Market on Friday | Sensex gains 331 points, Nifty climbs above 24,150
In yet another volatile session on August 28, Indian equity indices ended higher, snapping a two-day losing streak, with the Nifty managing to close above 24,150, led by gains in Information Technology stocks.
At close,
Lifecycle funds: Should you invest in target-date funds for your financial goals? Know the benefits, risks and limitations
A new era is underway in mutual funds. Lifecycle funds are being rolled out, ushering in a differenti ated way to invest for time bound goals. Zerodha Fund House has already hit the shelves with two offerings: Zerodha Life Cycle Fund 2036 and Zerodha Life Cycle Fund 2041. Its new fund offer (NFO) for Zerodha Life Cycle Fund 2031 is currently open.
Read MoreGold Hits Near Two-Week Low on Fed Chief’s Hawkish Stance
Oil prices spiked more than two percent Monday after a fresh flare-up in the US-Iran war, while stocks were mixed as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike.
With inflation remaining stubbornly high — largely on the back of elevated energy costs —
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Read MoreThe Burst
Will Costco Join The Mag 7?
When you think about the companies that have cracked the trillion-dollar market cap, your mind probably jumps straight to the Mag 7, including Microsoft, Nvidia, Apple, and Amazon. These firms dominate the digital infrastructure we all rely on.
But here’s something you won’t find on the list: a brick-and-mortar retailer. Not Walmart. Not Target.
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Read MoreThe Ivy
Will Prediction Markets Disrupt DraftKings?
DraftKings and FanDuel have long dominated U.S. online sports betting, thanks to their early entry via daily fantasy sports.
That first-mover advantage, combined with cutting-edge technology and deep brand recognition, let both companies capture the lion’s share of the market as sports betting rolled out state by state.
But a new kind of competitor is emerging that could rewrite the rules of online wagering.
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Read MoreThe Spotlight
Is Coca-Cola The #1 Stock During the Next Market Meltdown?
The recent market rebound feels more like a shaky truce than a confident comeback. Sure, stocks have climbed back from bear territory since April, but between persistent inflation and rising geopolitical tensions (hello, Middle East), the whole thing still feels like a house of cards.
So what do you do if you’re worried the next leg down is coming?
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