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Finance
Goldman Sachs money manager: Be selective with small caps because prices ‘can go down with great velocity’
Goldman Sachs sees opportunities in small-cap stocks — even as the Russell 2000 finishes its worst week since early January. Greg Tuorto, who runs the actively managed Goldman…
Stocks making the biggest moves premarket: Tesla, Take-Two Interactive, BJ’s Wholesale, Boeing and more
Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle firm gained 3%, extending an after-hours pop from Friday after CEO Elon Musk…
‘They can’t get it wrong again’: Economists are increasingly uncertain about Fed rate cuts this year
The Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table.Friday's jobs report…
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart…
Biden will announce new student loan forgiveness plan impacting tens of millions of Americans
President Joe Biden on Feb. 21, 2024, visiting a library in Culver City, California.Irfan Khan | Los Angeles Times | Getty ImagesPresident Joe Biden will announce on Monday a new,…
Latest news on Russia and the war in Ukraine
The Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023.Olga Maltseva | Afp | Getty ImagesThe United Nations' atomic energy watchdog sounded…
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador's residence in Beijing on April 8, 2024.Pedro Pardo | Afp | Getty ImagesBEIJING — U.S. Treasury…
Brazil Supreme Court justice opens inquiry into Elon Musk, escalating dispute over misinformation
Brazil's President Jair Bolsonaro and Tesla CEO Elon Musk talk during a meeting in Porto Feliz city in Sao Paulo state, Brazil May 20, 2022.Kenny Oliveira | MCom | via…
China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns
Newly launched BYD Seal is displayed during the launch of the Chinese-made BYD brand in Jakarta, on January 18, 2024, and at the same time introduced 2 other types of…
Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
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…