The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.
Category: Finance News
Miami is ‘ground zero’ for climate risk. People are moving to the area and building there anyway
Miami is undergoing a boom despite a high vulnerability to sea level rise, floods and more intense storms. Residents may face financial hardship.
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and more
These are the stocks posting the largest moves in early trading.
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.
Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech
ARK Invest’s Brett Winston is betting big on private tech companies for long-term gains.
Stocks making the biggest moves after hours: Alphabet, Microsoft, Snap, Intel and more
See which stocks are posting big moves after the bell.
Slowing growth plus stubborn inflation add up to a headache for Fed officials
The data spell at least a mild stagflationary environment that will make policymaking troublesome.
Stocks making the biggest moves midday: Meta, Victoria’s Secret, Microsoft, Caterpillar and more
These are the stocks posting the largest moves in midday trading.