More than 80,000 collectors and art fans poured into Art Basel Miami Beach, with several works selling for over $1 million.
Category: Finance News
‘Big Short’ Steve Eisman is getting worried about the AI trade
Eisman encountered a theory suggesting that as large language models continue to scale, their performance gains could begin to diminish.
U.S. has to stop taking in ‘below-average’ immigrants who won’t help economy, says Lutnick
The White House is rolling out its gold card visa.
Bessent to propose major overhaul of regulatory body created from financial crisis
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
Stocks making the biggest moves premarket: Oracle, Oxford Industries, Adobe, Gemini Space Station & more
These are the stocks posting the largest moves in early trading.
Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation
Harness CEO Jyoti Bansal wants to eventually take Harness public after he sold his previous startup, AppDynamics, to Cisco just before a planned IPO.
Night owl bitcoin traders: Soon there’ll be an ETF just for you
If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours.
Here are the five big takeaways from Wednesday’s Fed rate decision
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
What DoubleLine’s Jeffrey Gundlach is betting on after the Fed decision
The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class.
Divided Fed approves third rate cut this year, sees slower pace ahead
The Federal Reserve on Wednesday made its final final interest rate move of the year.