A theory about how the Trump administration could restructure the international financial system to better serve American interests is starting to be taken seriously on Wall Street.
Asian shares were mostly lower on Thursday after U.S. stock indexes drifted to a mixed finish, with the S&P 500 closing just an iota higher. In Tokyo, the Nikkei 225 edged 0.2% higher to 38,198.96. Hong Kong's Hang Seng sank 0.
The energy company's stock fell after it reported its earnings.
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Inflation probably isn't going back to 2% without a recession, according to Barry Bannister, Stifel's top stock strategist.
U.S. stocks struggled on Tuesday, with the S&P 500 and the Nasdaq touching one-month lows as a dour consumer confidence report put mounting economic uncertainties into sharp relief. Lisa Bernhard has more.
The company has announced it will be pressing charges for vandalism against its Superchargers, as backlash against Elon Musk continues.
Twenty years ago, swaggering hedge fund managers, leveraged buyout kings and corporate raiders would have dominated any list of masters of the Wall Street universe. Today another corner of finance has become a billionaire factory: private credit.
Morgan Stanley toned down its emphasis on diversity in its latest annual report published on Friday, signaling a recalibration as businesses adapt to a changing reality under President Donald Trump's administration.
A theory about how the Trump administration could restructure the international financial system to better serve American interests is starting to be taken seriously on Wall Street. Once considered an outlandish idea,
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