Interest rate cuts don’t happen during good times, something important for markets to remember.
Stocks making the biggest moves midday: Foot Locker, General Motors, Phillips 66 and more
These are the stocks posting the largest moves in midday trading.
Luxury hotels move into Nashville as demand for rooms surges
More than 90 new hotels have been constructed in Nashville since 2013, contributing more than 14,000 rooms to the city’s accommodation offerings.
Jamie Dimon says JPMorgan Chase would exit China if ordered to
Growing geopolitical tensions — fueled by wars in Ukraine and Israel — have raised concerns that China could move to annex Taiwan.
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Markets largely expect that the Fed has stopped raising rates and will start cutting in 2024.
Why Warren Buffett wouldn’t have become the greatest investor ever without Charlie Munger
Munger was instrumental in directing Buffett into buying strong-brand quality companies and staying away from dirt-cheap names that he called “cigar butts.”
How Munger and Buffett’s 60-year partnership was so special: ‘Charlie and I have never had an argument’
The journey to Munger and Buffett’s unparalleled success was full of learning, experience and laughter, but never an argument.
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.
Stocks making the biggest moves premarket: General Motors, Petco, Foot Locker and more
These are the stocks posting the largest moves in premarket trading.
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.