Rate-cut bets are soaring as traders see rising recession odds
Investors are bolstering bets that the Federal Reserve will have to slash interest rates this year as President Donald Trump’s trade war amplifies growth fears.
Asset prices tanked on Thursday after the White House delivered a range of higher-than-expected tariffs on global trading partners, surprising analysts and triggering warnings about a deep and widespread downturn.
» Read more about: Rate-cut bets are soaring as traders see rising recession odds »
Read MoreStock market today: S&P 500, Nasdaq tank, Dow drops over 1,000 points as Trump's tariffs rip through markets worldwide
Have $0 in Savings at 35? Here's How You Can Still End Up With a $1 Million Portfolio by Retirement.
If you don’t have any money saved up for retirement, it can seem like a daunting task to plan for it. With each passing year, that’s less time you have to save, and that may potentially mean having to delay your retirement plans.
While ideally, you would start investing in your 20s,
Private equity wants the $12 trillion Americans have stashed in their 401(k) plans. A study says the upside temptation might not be worth the risk.
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Private equity firms are having trouble obtaining new capital from institutional investors,
Dow drops 1,500 as US stock market leads a worldwide sell-off following Trump's tariff shock
We break down complex business news to help you understand how money moves in Chicago and how it affects you.
Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
Read MoreThe Burst
Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market
It seems like right now is a good time to bet on sports betting companies. More than half of the U.S. states have opened their doors to sports betting by legalizing it in one form or the other. This has quite really opened floodgates for companies engaged in the segment, including today’s main star,
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Read MoreThe Ivy
Tesla’s 40% Drop: Why Bears Say The Worst Is Yet to Come
The recent stock market drop has been a punishing time for the Magnificent Seven tech stocks, and the company hit worst by it has been Tesla (NASDAQ:TSLA).
Shares of the EV manufacturer are down by a jaw-dropping 40 percent in the last three months and 26 percent in the last month alone.
» Read more about: Tesla’s 40% Drop: Why Bears Say The Worst Is Yet to Come »
Read MoreThe Spotlight
Trade Like a Billionaire
Few traders in history have the capacity to seamlessly transition across asset classes, zooming out to see the big macro picture and in to see the minutia of a company’s 10Q but Stan Druckenmiller ranks as one of the few who have succeeded in so doing.
Stan’s thesis has been that the Fed is really in a bind,