Walmart's CFO is looking to assuage fear among investors that 2025 won't be as strong as in recent years.
What the memecoin bubble bursting means for crypto
Travis Kling explains why the crypto world is turning on what he now calls the 'dumpster fire' of memecoins
Ex-Gunvor Manager Convicted of Bribery Over Oil Deals
(Bloomberg) -- A former manager at Gunvor Group was found guilty by a Swiss court of bribing public officials to secure oil contracts in Africa, a second win in less than a month for Swiss prosecutors cracking down on corruption in the commodity-trading industry. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in D
Energy stocks outperform so far this year as natural gas prices soar
Energy is one of the top performers year to date. The driver is natural gas prices.
Fed's Musalem flags risk of rising inflation expectations
(Reuters) -St. Louis Federal Reserve President Alberto Musalem on Thursday raised the twin risks of rising inflation expectations and a labor market that weakens alongside rising prices, in remarks that highlighted the potentially difficult choices facing the U.S. central bank. While many of his colleagues say they regard inflation expectations as anchored, Musalem said he was concerned recent data showed they may be rising - a development that might force the Fed onto a more restrictive path. "In the current environment, the stakes are higher than they would be if inflation was at or below target," Musalem said in a speech given before the Economic Club of New York.
The stock market's overconfidence is setting it up for a dangerous fall
From Trump tariffs to AI overconfidence, investors are ignoring a lot of worries right now. That could be a dangerous sign for the stock market.
Walmart stock tumbles on lower 2025 guidance given ‘uncertain times’ in the economy: ‘We don’t want to get out over our skis here’
Walmart’s stock has been on a tear over the last year.
New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis
The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility.
Top Stock Movers Now: Walmart, Amazon, Royal Caribbean, and More
U.S. equities dropped at midday on Walmart's outlook and a surprising report on economic indicators.
Hasbro Stock Surges as Toymaker Posts Higher-than-Estimated Results, New Strategy
Hasbro shares jumped after the toymaker posted better-than-expected results and unveiled a new strategy of raising revenue yearly through 2027.