Dow Jones falls 400 points even as S&P 500 hits a record high; Here's why
Benchmark indices on Wall Street were led by their respective sectoral heavyweights in either direction during Tuesday’s trading session amidst a persistent sell-off in the US Dollar and ahead of the US Federal Reserve’s policy decision later today.
The S&P 500 made a new record high of 6,988 on Tuesday and came within touching distance of the 7,000 mark.
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Read MoreFrom Automation to Personalization: How AI Will Redefine Retirement Plans by 2030
Two new reports from Transamerica suggest that major changes are coming to the retirement landscape by 2030, driven by automation, predictive analytics, and personalized engagement tools. At the same time, however, plans will have to navigate increasing fiduciary threats as a result of these changes.
Transamerica’s Prescience 2030: The Next Wave and Prescience 2030: A Watershed Moment seek to identify the coming “forces of change” in retirement plans and offer perspectives on how employers,
Read MoreTrump talks up US economy in key speech ahead of midterm elections
US President Donald Trump on Tuesday made his first big pitch ahead of this year’s midterm elections on his administration’s economic performance, even as his White House remains mired in the fallout in Minneapolis over a second fatal shooting by federal immigration officers this month.
Mr Trump gave a speech in a suburb of Des Moines where he talked up the tax cuts he signed into law last year and took credit for the soaring performance of the stock market,
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Read MoreTrump's Iowa trip on economy overshadowed by immigration row
AFP
January 28, 2026 / 01:10 IST
Donald Trump
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Read MoreEverything you need to know about Kevin Warsh, Trump's pick to lead the Federal Reserve
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025.
CNBC
In his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be asked to save the world.
The Burst
Billionaire Buys Stake In Gene Therapy Stock
Ultragenyx may not have crossed your radar but it’s already in billionaire Stan Druckenmiller’s portfolio. What has he spotted in this novel therapies for rare and ultra-rare genetic diseases firm that convinced him to take a position?
Its focus on underserved patient populations, deep pipeline of innovative products, and strong track record in obtaining regulatory approvals make it an attractive long-term investment,
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Read MoreThe Ivy
Is This Under-the-Radar Air Taxi Stock the Tesla of the Skies
Archer Aviation (NYSE: ACHR) isn’t just building a futuristic flying machine, it’s laying the runway for what could be a trillion-dollar transformation in how the world moves.
At the heart of this vision is Archer’s electric vertical takeoff and landing aircraft, designed to turn congested cityscapes into frictionless aerial highways.
But while the dream sounds like sci-fi,
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Read MoreThe Spotlight
Is This Space Firm Set To Blast Off
At an annual conference some years ago, a Berkshire Hathaway shareholder asked Warren Buffett how it was possible for smaller investors to rival his own performance and track record during the 1960s, which was his best period. He corrected the questioner and commented that, in fact, his best years were prior to that in the 1950s when he averaged gains closer to 50% annually.