Trump's AI czar David Sacks praised the president's confrontational Oval Office exchange with South Africa's Cyril Ramaphosa over white farmer violence, as a viral clip showed Elon Musk intensely staring at the South African leader amid rising diplomatic tensions.
Right now, we’re in one of those stretches where the smartest move isn’t getting aggressive, it’s sitting tight and letting the picture come into focus. That’s not passivity. That’s discipline.
US healthcare stocks came under pressure after CMS said it would expand Medicare Advantage audits and partner with the HHS Inspector General to recover past overpayments.
Former Treasury Secretary Larry Summers issued a stark warning to President Donald Trump, urging the latter to retreat on the taxes, as he did with the tariffs.
EUR/USD caught a bid on Wednesday, breaking through the 1.1300 technical barrier and climbing for a third straight session after market sentiment turned away from the US Dollar following a pummeling of US Treasury markets.
Stocks and risk markets are ready for heightened credit risks. One reason why is volatility in repo, where TIC data shows a huge increasing in offshore resales heading into everything April.
Market volatility is a passing phenomenon, but innovation is an enduring reality. A key question facing investors is whether they can position their portfolios for the next wave of technological disruption—or whether they will be subsumed by it.
Wednesday was another strong day in the gold and silver markets. With the gold price up another $40 to $3,324, making the recent $3,156 low on May 15 almost a distant memory.
It is important to recall that China has more than 4 times America’s population. Thus, in per capita terms, American manufacturing output is more than two and a half times larger than that of China.
In a 1999 interview, Jeff Bezos dismissed dot-com hype and bet Amazon's future on customer obsession over internet buzz, arguing that great service—not being a "pure internet play"—would ultimately align customer and shareholder interests, a strategy that helped Amazon survive the crash and thrive.
Stocks were their usual wobbly selves in the early trading. However, around 1:30, there was a longer-dated Treasury auction that was not received well by the market.
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