Business

Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world's busiest shopping districts.Nikada | E+ | Getty ImagesThe International Monetary Fund on Tuesday slightly raised its…

Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts' expectations, fueled by a surge in trading and investment banking revenue.Here's what the company reported:Earnings: $11.58 per share, vs. $8.56…

Larry Swedroe, who is considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.He cites the number of professional Wall Street firms and hedge funds now participating in…

A sign advertising units for rent is displayed outside of a Manhattan building on April 11, 2024 in New York City.Spencer Platt | Getty ImagesThe early data is in for the path of inflation during the first three months of 2024, and the…

Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on Feb. 13, 2024.James Devaney | GC Images | Getty ImagesWestern boots have a new protector in Beyoncé.The country fashion staple's sales surged…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024.Brendan Mcdermid | ReutersThe benefits of scale will never be more obvious than when banks begin reporting quarterly results on…

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.Michael M. Santiago | Getty ImagesAs recently as January, investors had high hopes that the Federal Reserve was about to…

Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | ReutersThe CEO of blockchain startup Ripple sees the combined market capitalization of…

The sun rises behind the Empire State Building on the day of the solar eclipse in New York City on April 8, 2024, as seen from Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty ImagesToday marks a total solar eclipse that is…

A new ETF is trying to capture profits in the municipal funds space.BondBloxx's Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. "When you think about municipal bond…

A McDonald's crew member prepares french fries in Miami, Florida.Getty ImagesIt's a timeless question at fast-food counters: Do you want fries with that?Responders continue answering affirmatively at a higher-than-average rate, a top…

US Federal Reserve Governor Michelle Bowman attends a "Fed Listens" event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty ImagesFederal Reserve Governor Michelle Bowman said Friday…

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to…

Private sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S. labor market, payrolls processing firm ADP reported Wednesday.Companies added 184,000 workers on the month, an…

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year.Canaccord Genuity's Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act."I'm not saying…

Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000."Get off zero," the Morgan Creek Capital Management CEO and chief investment officer told CNBC's "Fast Money" this week.Yusko thinks…

Lynn Curry, nurse practitioner for Huntsville Reproductive Medicine, P.C., lifts frozen embryos out of IVF cryopreservation dewar, in Madison, Alabama, U.S., March 4, 2024. Roselle Chen | ReutersAs legal battles over reproductive rights…

Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a measure the central bank considers its more important barometer.The…