These AI plays are red hot, and none of them belong to the Magnificent Seven. Plus, US inflation slowed in April, providing a glimmer of hope for weary Americans.
US stock futures are edging higher. Markets in Europe are mostly weaker. Asian markets ended up. China property stocks got a boost from hopes for a resolution of the country's real estate crisis.
May 16, 2024
The pandemic has changed the way Americans think about retirement. Plus, more Americans are becoming financially overextended — especially on their credit cards.
US stock futures are treading water ahead of key US consumer price inflation data for April. Markets in Europe are mostly higher, while in Asia the key indexes ended with a mix of gains and losses.
May 15, 2024
Gen Z has recovered from the 2020 recession, and quickly. Plus, meme stocks are back.
US stock futures are little changed. Markets in Europe are mixed, while Chinese stocks missed out on an otherwise positive session in Asia.
May 14, 2024
The next few years will be critical in defining the shape of the AI revolution — economist and former dean of Columbia Business School Glenn Hubbard is worried. Plus, Apple workers head toward the picket line.
US stock futures are ticking higher. Markets in Europe are drifting in morning trade, while Asia had a mixed session.
May 13, 2024
Plus, the US Treasury launches "Project Fortress," an alliance with banks against hackers. US stock futures are rising. In Europe, markets are higher in morning trade. Asian stocks also ended the week with gains, although the Shenzhen Composite index fell back Friday.
May 10, 2024
Americans are still spending on flights, hotels and Disneyland despite shopping less. Plus, collapsed FTX says it can pay most creditors back in full.
US stock futures are edging lower. European markets are flat to slightly higher. In Asia, the major indexes ended mixed.
May 9, 2024
The American dream of homeownership is looking more like a nightmare. Plus, TikTok sues the US in a bid to avoid a nationwide ban.
US stock futures are drifting lower. Markets in Europe are mainly higher, while Asia stocks ended mixed.
May 8, 2024
Pandemic-era savings have been spent and economists aren't sure what happens next. Plus, Warren Buffett goes off on AI.
US stock futures are little changed. Markets in Europe are making gains, while key indexes in Asia ended mixed.
May 7, 2024
It's not all doom and gloom for markets. Plus, Warren Buffett speaks.
US stock futures are rising. Markets in Europe are making gains, while most key indexes in Asia also ended higher.
May 6, 2024
Restaurants are fighting hard to get frugal diners to spend. Plus, an American oil tycoon is accused of trying to conspire with OPEC to inflate prices.
US stock futures are moving higher. Markets in Europe are up in morning trade, while Asia ended the week with a mixed session.
May 3, 2024