The Latest Breaking News on Business

Man Goes To Hyundai Dealership. Then The Salesman Tries To Talk Him Out Of Trading In His Car

"Is it an amazing deal?"

Motor1 · Oct 16

Expecting a Market Correction? This Mega-Cap ETF Deserves a Spot on Your Watchlist

Nearly 75% of Americans expect a correction, survey finds. The Invesco S&P 500 Top 50 ETF (XLG) offers exposure to mega-cap growth stocks that could fall more, then rebound.

MarketBeat · Oct 16

New Survey Find U.S. CEO Confidence In Negative Territory as Inflation and Economic Fears Mount.

The Conference Board's Measure of CEO Confidence fell to 46 in the latest quarter, down from 52 three months earlier. A reading below 50 indicates that more executives view economic conditions negatively than positively.

International Business Times · Oct 16

McDonald’s Stock Offers Up a Juicy Dividend Yield Above 3%, But I Don’t See Many Other Reasons to Buy It

A stock needs more than an attractive yield to warrant investor interest.

Barchart · Oct 15

Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardest

Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9% through October 15, according to Goldman Sachs data cited by Reuters.

The Economic Times · Oct 16

How to Play CRM Stock as Salesforce Buys the Loops AI Platform

As Salesforce doubles down on AI with its Loops acquisition, can the deal help turn market skepticism into sustained growth for CRM stock?

Barchart · Oct 15

Investors temper Anthropic IPO valuation expectations over revenue growth slowdown

Some investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of the people said, a significant step down from the roughly $2 trillion valuation that investors had previously expected for the November share sale.

The Economic Times · Oct 16

Dollar Pressured by Lower T-Note Yields

The dollar index (DXY00 ) fell to a 1-week low on Thursday and finished down by -0.49%. The dollar slid on Thursday on weaker T-note yields after the 10-year T-note yield fell to a 3-week low of 5.035%, narrowing the dollar’s interest-rate differentials. Also, dovish comments from San Francisco Fed...

Barchart · Oct 15

USD rate: Why is US Dollar down from 18-month peak?

USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cooled expectations for an October interest-rate hike.

The Economic Times · Oct 15

Before You Switch Medicare Advantage Plans, Make These 7 Phone Calls

A Medicare Advantage plan offering a lower premium, generous dental benefits, or a grocery allowance might look like an obvious upgrade, but switching plans without...

Saving Advice · Oct 15