The dollar index (DXY00) rose by +0.20% on Monday. The dollar moved higher on Monday amid hawkish Fed comments. Chicago Fed President Austan Goolsbee and St. Louis Fed President Alberto Musalem said the Fed may have to …
The S&P 500 Index ($SPX) (SPY) closed up by +1.49% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.83%. December E-mini S&P futures (ESZ…
Texas Gov. Greg Abbott on Monday ordered the state's environmental regulator to halt all data center-related permits until the Electric Reliability Council of Texas completes an audit of the existing waitlist for data c…
President Donald Trump and Chinese leader Xi Jinping's aims of bolstering trade stability and clinching economic wins could be scrambled by a roiling debate over artificial intelligence, as well as shifting U.S. tariffs…
AT&T was not actually acquired by a company called Game of Thrones Corp. earlier this year, though consumers could be forgiven for wondering. AT&T cell phone stores across the land seemed to have been taken over by a va…
The lack of clarity around crypto’s regulatory framework hasn’t stopped bitcoin from surging, as investors haven’t abandoned hopes for clearer U.S. rules.
The stock market just posted a banner day by nearly any measure on Monday. The Nasdaq Composite surged 2% to a new record. The broader S&P 500 jumped about 1.5% and now sits less than 1% below a new high.
OpenAI on Monday posted a set of proposals for safety and security in the development of frontier artificial intelligence with a heavy focus on alignment research and a computing technique known as recursive self-improv…
President Donald Trump's flagship super PAC grew its $400 million-plus war chest again in August, even as Republican candidates press him to put more of it to work with six weeks to go before the 2026 midterm election.
Options traders are treating Meta like it's the next big thing for the consumer artificial intelligence trade. Trading volume was about 4.5 times the 30-day average in Meta options Monday, with almost $3.9 billion in to…
Retailer Revolve announced on Monday a partnership with design icon Donatella Versace to create a new beauty and fashion business aimed at young consumers, according to a press release.
Paramount Skydance's $110 billion merger with Warner Bros. Discovery will move forward as the company settled Monday with a group of state attorneys general that sought to block the deal on antitrust grounds.
An equipment outage on Monday delayed hundreds of flights bound for Newark, New Jersey, and Philadelphia and forced close to 70 planes to divert to other airports. As of 1 p.m. ET, the disruptions had spread to New York…
Eli Lilly CEO Dave Ricks told CNBC on Monday that one-third of new GLP-1 pill patients are taking the drugmaker's Foundayo, as the company tries to catch up to a lead in the space established by rival Novo.
Workers age 55 and older are leaving the labor force at a rapid pace, government data shows, a trend that coincides with ballooning stock wealth fueled by euphoria over artificial intelligence.
The S&P 500 Index ($SPX) (SPY) is up by +0.93% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.97%. December E-mini S&P futures (ESZ26) are up +1.00…
One of the consistent themes of this newsletter is how the stock market is increasingly disconnected from underlying economic activity. In the Number Go Up Rule, I traced how we increasingly run everything to ensure tha…
The dollar index (DXY00) on Friday rose by +0.27% and posted a fresh 2.75-month high. Hawkish comments on Friday from Kansas City Fed President Jeff Schmid, Dallas Fed President Lorie Logan, and Cleveland Fed President …
President Donald Trump said Monday that the Department of Justice and other U.S. law enforcement agencies will rein in risks associated with artificial intelligence "if we have to."