Hyperscalers and growth plays have underperformed amid a sharp rotation
Business
The latest market wobble sees Citi giving up on this big tech trade
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How oil prices could average $130 per barrel next year, according to Goldman Sachs
Analysts at the investment bank said Brent crude could reach $140 a barrel next year if tensions worsen in the Middle East.
Business
AI Stocks Finally Help the Fed Fight Inflation, by Falling
The selloff in artificial intelligence (AI) stocks could take some pressure off US interest rates. BMO Capital Markets senior economist Jennifer Lee said the pullback may make the Federal Reserve’s (Fed) inflation fight easier. Lee shared …
Business
Visa Stablecoin Payments Explained: Settlement, Spending and Payouts
A shopper can spend a stablecoin balance while the merchant receives ordinary money. That is different from using stablecoins to settle between institutions or fund payouts.
Business
‘She’s a Type A personality’: My stepmother wants me to repay my late father’s $40,000 wedding gift. Should I oblige?
“About two months after his funeral, my stepmother called and said she wanted the money back.”