S&P 500 profit growth is getting even wilder as Amazon makes its mark

Can gold still hedge risk at current prices? In Dragosits view, those four drivers are a wider erosion of trust in institutions and central banks, the ongoing de-dollarization and gold stockpiling by non-Western central banks, ongoing geopolitical uncertainty, and high levels of fiscal debt in the developed world. Put simply, as people lose trust in…

Zoom In IconArrows pointing outwards U.S. Sen. Mitch McConnell, R-KY, photographed holding the Sports section of the July 12, 2026, Washington Post. Elaine Chao, his wife, is seated next to him. Source: The office of U.S. Sen. Mitch McConnell Read more CNBC politics coverage McConnell, 84 — who has been absent from the Senate since…

An oilfield crew, contracted by the Railroad Commission of Texas (RRC), works a service rig during a state-funded oil well plugging operation in Midland, Texas, US, on Thursday, Sept. 25, 2025. Eli Hartman | Bloomberg | Getty Images Oil prices dropped Friday on a report that Pakistan is looking for a way to restart talks…

Six weeks ago, Elon Musk’s artificial intelligence (AI) and space infrastructure conglomerate, Space Exploration Technologies (SpaceX) (SPCX 3.20%), was the talk of Wall Street. On June 12, SpaceX raised $85.7 billion from its initial public offering (IPO), including the underwriters’ overallotment. This nearly tripled the previous largest-ever IPO capital raise of $29.4 billion from overseas…

Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs

The FOMC decision was not unanimous as Governors Hammack, Kashkari, and Logan voted in favour of a 25 basis point hike.  Personal consumption expenditures (PCE) inflation, a preferred inflation gague by the Fed, reached a three-year high of 4.1 per cent in May. Core PCE was 3.4 per cent for the month. The Fed’s target…