Fortune26m
Home prices could start falling this summer, marking the ‘first domino to fall’ on the way to a weaker economy, strategist says
"The housing market is really the first domino to fall on what we think is going to be a slower growth story down the road," said Brian Nick, senior investment strategist at the Macro Institute. Getty ...
Fortune2h
Elon Musk reportedly cussed out a JPMorgan exec years ago, but his cold war with Jamie Dimon may be starting to thaw
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon are warming up to each other, the Wall Street Journal reported. Andreas Solaro—AFP via Getty Images Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon ...
Fortune7h
OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
The OPEC+ alliance decided to hold steady its production levels, which include collective cuts of 2 million barrels per day, through Dec. 31, 2025. Getty Images Saudi Arabia and allied oil producing ...
Fortune7h
Romance guild in upheaval following criticism over the way it handled an author who posted negative online comments about other writers
The Romance Writers of America has filed for bankruptcy protection following several years of infighting and allegations of racism that fractured the organization, causing many of its members to flee.
Fortune11h
As the climate heats up, meteorology emerges as the new hot degree on Wall Street
Financial firms are creating a new job market for meteorologists as they seek an edge in competitive commodities and energy markets. Getty Images When Kim Bentzen graduated with a meteorology degree ...
Fortune23h
The housing market is finally seeing more inventory, but buyers aren’t showing up as a ‘cold reality is settling down’
“Without the rate cuts, a cold reality is settling down on the housing market,” Robert Frick, corporate economist for Navy Federal Credit Union, said. Getty Images The US housing market — long ...
The best-performing stock on the S&P 500 is a ‘unicorn’ that joined the index less than a month ago and is beating Nvidia
Vistra’s mix of gas and nuclear power plants make it “a unicorn,” according to Guggenheim’s Shahriar Pourreza.
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns
The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it more difficult for the Fed to cut." ...
Fortune1d
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
Nvidia CEO Jensen Huang gets ready to throw the ceremonial first pitch before a game between the CTBC Brothers and Wei Chuan Dragons on Saturday in Taiwan. In just the past year, AI chip leader Nvidia ...
Fortune1d
The best science-backed strategies for a strong mind as you age
Sixty-two-year-old founder Marie Jerusalem has never felt more able to adapt to the changing demands of the corporate world. “My body’s not as agile as it used to be, but mentally I’m stronger today ...
Fortune1d
S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
French President Emmanuel Macron has sought to address low growth and high public spending. Krisztian Bocsi—Bloomberg via Getty Images S&P Global Ratings downgraded France, tarnishing President ...
Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue
While Dell Technologies reported its first quarterly revenue increase in two years, it wasn’t enough to impress investors with high expectations for its AI server business.