Two key reasons for Thursday's market reversal were increased concern that the Federal Reserve would not cut interest rates in December and jitters about an AI bubble not fully extinguished by Nvidia's earnings report.
Japanese data shows inflationary pressures are firm and that exports remain resilient despite tariffs. An upbeat flash purchasing manager’s index suggests the economy is on the recovery path.
Former IRS commissioners warn of potential issues for the upcoming filing season due to funding lapses and staffing losses. Shutdown could cause disaster for taxpayers and preparers.
In this video, Ira Epstein describes a tumultuous day in the financial markets, highlighting the significant volatility experienced, particularly with NVIDIA, which saw a sharp decline after an initial rise.
Nvidia's stock slipped despite a blockbuster quarter as Dan Ives defended the company's long-term AI trajectory and dismissed bubble fears, while Ross Gerber warned the broader market correction and rate concerns—not Nvidia's fundamentals—were driving the sell-off.
President Donald Trump eliminated tariffs on certain Brazilian exports in a move aimed at tackling soaring grocery prices, amid progress on trade negotiations with the South American nation.
Leading cryptocurrencies fell further alongside stocks on Thursday, as stronger jobs data cast doubt on whether the Federal Reserve will deliver another rate cut in December.
This article compares cumulative private payroll-growth from Bureau of Labor Statistics (CES) and ADP data, highlighting diverging trajectories and the impact of upcoming revisions on understanding employment trends.
Vanguard's VOO and SPDR's SPY are two of the largest index funds on the market. Here's what you need to know about their differences and common traits -- and which one you should pick.
India's Reliance Industries said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow, Bloomberg reported.
