Wells Fargo & Co. is the second bank to turn cautious on US stocks this week as the market heads into what is historically the worst month on the calendar for equities and upcoming midterm elections add to uncertainty surrounding the artificial-intelligence trade.
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We are concerned about AI exposure, given how the group has even disregarded good news.
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Texas Precious Metals acquires Nebü, expanding physical gold ownership into wearable bullion
Boris Vujčić: Listening to households: expectations, behaviour and monetary policy
In equity markets, the myth goes that the only way is up. That perception has gained traction as global stock prices have largely ignored the selloff in bond markets. Yields on long-dated government debt have surged to near two-decade highs as investors worry about whether inflation and fiscal defic
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Fresh escalation pushes oil prices up almost 4%
The impact of the "historic" oil deal between the US and Venezuela will remain uncertain until several unresolved issues are addressed. The post Four questions on the US-Venezuelan oil deal appeared first on Atlantic Council.
Trade Secrets
US Stocks open September under pressure as two oil tankers — one Saudi, one South Korean-owned — were struck by projectiles in the Strait of Hormuz overnight in the latest sign the six-month Iran war is locked in an unbreakable stalemate
Federal Reserve issues FOMC statement
Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank