Markets are “fairly complacent” about the risks of a second Trump presidency, which could trigger a “tantrum” in bond markets, says PGIM’s Guillermo Felices.
Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more
These are the stocks posting the largest moves in premarket trading.
Founders of Wise and Skype raise $436 million to build tech giants in Europe
Plural, a venture firm set up by the founders of Wise, Skype and Songkick, raised 400 million euros ($436.4 million) for a new fund.
World’s largest hedge funds record bumper year of profits, research shows
The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed Monday.
‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence
The world’s second-largest economy has faced a slower-than-expected recovery in 2023 after exiting Covid-19 restrictions.
Watchdog report is critical of former Fed officials in stock trading controversy
A review into market trading from two former high-ranking officials criticizes their actions but does not accuse either of doing anything illegal.
Stocks making the biggest moves midday: Vita Coco, Archer-Daniels-Midland, Gilead Sciences and more
These are the stocks posting the largest moves in midday trading.
Why that ‘last mile’ of the inflation fight may be more challenging
The final stretch of disinflation before hitting the Federal Reserve’s 2% target may not be so easy, some economists believe.
The world will have its first trillionaire within a decade, but poverty won’t be eradicated for another 229 years, report finds
In the last three years, the population of the super wealthy has skyrocketed in the U.S. and around the world.
Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Donald Trump’s proposed 10% tariff increase on all U.S. imports “shakes up every asset class,” according to Rabobank’s Michael Every.