The Hedge Fund Meltdown That Rescued Your Stock Portfolio
Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the ‘Fed put.’Read More
The Score: Moderna, Splunk, Fox and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.Read More
S&P 500 Drops for Third Straight Week
Rising Treasury yields weighed on stocks.Read More
Higher-for-Longer Interest Rates Threaten Fintech
Shares of Affirm, Block and PayPal fell the day after the Fed announcement.Read More
CFTC Rejects Bid to Launch Political Election-Betting Market
The regulator said the proposal would have turned the agency into an “election cop,” given its duty to police fraud in manipulation in markets subject to its oversight. Read More
Football Is New Life for Electronic Arts
The launch of its first soccer title without the FIFA name carries some risk, but EA’s biggest videogame series has a deep moat.Read More
Higher Rates Are Supercharging Japan’s Banks
Stodgy Japanese banks have morphed into some of the globe’s best investments in 2023.Read More
A Tax Break Worth the Hassles
Older Americans can still reap tax breaks from donating to charity, even if they aren’t itemizing deductions. The secret: a ‘qualified charitable distribution’ from a traditional IRA.Read More
When Rates Drop, They Usually Plunge. The Fed Thinks Different.
History suggests that the central bank’s expected scenario isn’t likely to happen.Read More
To Beat Starbucks in China, Homegrown Chains Open a New Cafe Every Hour
Starbucks is making a big push, but other companies are pushing even harder as China moves closer to becoming the country with the most coffee shops in the world.Read More