Why rate cuts could actually slow the economy instead of sparking growth
Everyone in markets has an opinion about the Federal Reserve’s extra-large interest rate cut. But one well-respected strategy chief…
Mark Zuckerberg’s latest splurge is a $260,000 watch ‘created from a meteorite’
Meta CEO Mark Zuckerberg is adding a new watch to his wardrobe. Mark Zuckerberg’s newest flashy accessory isn’t another…
The Fed ‘moved too fast’ with rate cuts and now risks reigniting inflation, analyst says
While the Federal Reserve’s half-point interest-rate cut has catapulted stocks to record highs, the decision to go big has…
Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat’s Tom Lee says
Prominent stock market bull Tom Lee has long called for a big rally after the Federal Reserve cuts interest…
Norwegian unveiled plans for a new cruise ship — complete with a roller coaster waterslide and night club to take on Royal Caribbean
Norwegian Cruise Line said its 21st cruise ship, Norwegian Luna, shown in a rendering, will debut in 2026. If…
JetBlue is fixing its business class’ biggest weakness by building its own airport lounges
JetBlue Reimagined Mint seating. JetBlue Airways plans to build its first airport lounges, it announced Thursday. The new lounges,…
Diddy, anticipating his arrest, paid off the mortgage on his $48.5 million mansion
Homeland Security Investigation agents raided Sean “Diddy” Combs’ Miami mansion earlier this year. New details about Sean “Diddy” Combs’…
Secret Service is investigating Elon Musk’s ‘Biden/Kamala’ assassination tweet
Tesla CEO Elon Musk has said that a tweet questioning why no one was trying to kill President Joe…
Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares
Former President Donald Trump could reap billions if Truth Social’s parent company’s long-delayed merger finally goes through. Trump Media…
The Fed has poured rocket fuel on the red-hot AI trade
The stock market’s artificial intelligence trade boomed on Thursday, a day after the Federal Reserve issued a jumbo interest…