The Federal Reserve Is Fighting the Wrong War On Inflation
The Federal Reserve raised interest rates this week, pushing the federal funds rate to a range of 3.75 to 4 percent. That decision will not produce more oil, reopen disrupted shipping lanes or remove tariffs that are raising production costs. It can, however, weaken investment, hiring and wage growth. » Read more about: The Federal Reserve Is Fighting the Wrong War On Inflation »
Read MoreTesla stock jumps ahead of highly anticipated Roadster event
Tesla (TSLA) stock is jumping to start the week, just as the company announced an update for its upcoming halo vehicle, the Roadster.
Over the weekend, Tesla announced on its website that reservations are now open for the second-generation Roadster, which is slated to be revealed on Oct.
» Read more about: Tesla stock jumps ahead of highly anticipated Roadster event »
Read MoreA sudden end to the Iran war would strike a blow against oil prices and energy stocks. Yet company insiders are buying.
Given the pressure that higher energy prices and the Middle East conflict are putting on the global economy,
AI Risks, Trade War Loom Over Trump-Xi Summit
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CNN reported Friday that the US military “almost started a war” with China because an intelligence report drafted with artificial intelligence included an “entirely false”
» Read more about: AI Risks, Trade War Loom Over Trump-Xi Summit »
Read MoreWarren Buffett Just Stepped Down After More Than 60 Years Leading Berkshire — and His Biggest Warning for Investors Has Never Been More Timely
Gen. Douglas MacArthur stated in his 1951 farewell address to the U.S. Congress, “Old soldiers never die, they just fade away.” That quote came to mind with a recent farewell of sorts. Warren Buffett released a letter to Berkshire Hathaway (BRKA +0.46%) (BRKB +0.29%) shareholders last week,
Read MoreThe Burst
Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now?
Shares of space vehicle launch company Rocket Lab (NASDAQ:RKLB) have been through a wild ride over the last year. On a 12-month basis, the company’s stock has risen by over 340 percent on extremely strong growth and improving fundamentals.
On a 30-day basis, however, RKLB shares have lost almost 30 percent of their value.
» Read more about: Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now? »
Read MoreThe Ivy
Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
» Read more about: Why Stanley Druckenmiller Dumped AI Darling Palantir »
Read MoreThe Spotlight
Stagflation Is Here to Stay, How To Invest?
Back in the 1970s when stagflation took hold the world looked a whole different than it does today. Landlines have been replaced by mobile phones. TVs have been replaced by streaming apps. Records have been replaced by Spotify. But one thing that hasn’t changed is the definition of stagflation, a period where inflation rises at a more rapid pace than the economy.
» Read more about: Stagflation Is Here to Stay, How To Invest? »