The largest part of the U.S. economy grew at a rapid pace just ahead of the holiday shopping season, but business leaders were not in a festive mood due to stubborn inflation.
With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room to spend on other things.
Here’s what’s I’m watching this morning: A week chockablock with enough catalysts that we might finally get some answers about the direction of the market by the end of it.
Technology-portfolio mangers are treading carefully with tech these days, retail investors should be just as cautious, says industry veteran Ted Mortonson.
Yardeni Research said a surprise interest-rate decision by the Federal Reserve or increasing constraints in the artificial-intelligence trade could provide valuable entry points for investors.
A reduction in the growth multiple that investors are prepared to pay for AI stocks and a rise in volatility has forced Goldman strategist Tim Moe to take an axe to his Korean market target.
President Barack Obama over the weekend compared President Donald Trump’s White House modifications to “Saddam Hussein opening up a Cheesecake Factory.”
Tennis star Taylor Fritz is serving up his Miami condo for $860,000, offering a buyer the chance to score a corner residence with sweeping views and a tennis court.
The chief stock-market strategist for Morgan Stanley is sticking with a forecast that the S&P 500 will end the year at 8,000, but growing caution is on display as he identified that support for the key semiconductor sector could come considerably lower.
