It’s been another stellar year for the timeless Dow Jones Industrial Average (^DJI +0.46%), broad-based S&P 500 (^GSPC +0.05%), and growth-driven Nasdaq Composite (^IXIC -0.64%), which have hit all-time highs since early June. But the party may be nearing a conclusion, based on the latest interest rate projections. According to the CME Group‘s FedWatch Tool,…
Last summer, I finally agreed to having a sauna built in our backyard, and in spite of myself, I’ve found myself enjoying the ritual of intentionally overheating my insides. (You can read more about my conversion here.) The only thing missing, at least according to my husband? A cold plunge. Instead of that medieval torture…
With Alphabet recently upping its capital expenditure (capex) budget to a whopping $195 billion to $205 billion and saying it plans to spend significantly more on artificial intelligence (AI) infrastructure next year, it has likely opened the floodgates for spending to surge across the industry. While there has been concern about a spending slowdown, there…
COTIGNAC, FRANCE – JULY 21: Bystanders watch the smoke and flames from a wildfire on July 21, 2026 in Cotignac, France. Over 1,000 firefighters were called in to control the fast-moving wildfire that has burned more than 2,500 hectares in southern France. (Photo by FBM Media/Getty Images) Fbm Media | Getty Images News | Getty…
Warsh’s early moves BlackRock’s systematic fixed income team, led by chief investment officer Tom Parker and senior portfolio manager Jeffrey Rosenberg, described Warsh’s debut Federal Open Market Committee meeting as a signal of sweeping change ahead for how the central bank communicates and operates. They identified four themes from the meeting: communications, credibility, composition and…
Billy Butcher and Manu Sareen, co-CEOs of Global Atlantic, KKR’s insurance arm, pointed to Gori’s track record as a natural fit for the firm’s ambitions. “Roy’s deep expertise in insurance, wealth management, and distribution, combined with his extensive experience across Asia Pacific and globally, will provide valuable strategic perspective as KKR continues to expand its…
00:00 It’s not easy. It’s not easy to do. If if it was easy to do, everybody would do it. 00:04 Staying ahead on industry knowledge to enable you to in advance is is super important. 00:10 They should not feel like they have to repeat themselves, coordinate everything on their own. 00:13 I don’t…
Economic sanctions on oil-producing autocracies change not only the quantity of oil but also how it is produced. Combining field-level production data with satellite measurements of gas flaring and atmospheric methane across six Latin American countries from 2012 to 2024, we study the U.S. sanctions on Venezuela. Per-barrel gas flaring in Venezuela rose about two-and-a-half-fold…
In the early days of artificial intelligence (AI), Advanced Micro Devices (AMD -3.54%) looked like it would be nothing more than an afterthought to the dominant Nvidia. However, AMD CEO Lisa Su has managed to position the company to be a big AI winner in the coming years. This started with the bold move of…
There’s going to be quite a lot for markets to digest in the week ahead. US-Iran developments are already making waves to start the new week but keep in mind that there will also be major central bank decisions and month-end trading to deal with. Adding to the mix in the days to come will…