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3 mins read
Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …
Jennifer Sor
2 mins read
Try this higher-interest, lower-tax alternative to CDs while rates are still high
If you're considering investing in a CD, you might look at this other cash equivalent instead.
William Edwards
3 mins read
Here's the trading playbook as data piles up in support of a 'no landing' for the US economy
The US may now be headed toward a 'no landing,' as growth remains above trend. Though that slashes …
Filip De Mott
3 mins read
Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more
Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…
2 mins read
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Tuesday's JOLTS report showed job openings hit their lowest level in over three years.
Filip De Mott
3 mins read
Bill Gates shares his 3 biggest concerns about AI
Bill Gates is a self-described optimist about the future of AI. But he still worries about three po…
Sarah Jackson
2 mins read
Billionaire investor Bill Ackman is no longer betting against US Treasurys, citing too much risk in the world
"We covered our bond short. There is too much risk in the world to remain short bonds at current lo…
Matthew Fox
1 min read
Bill Ackman and Larry Fink see US Treasury yields hitting 5%: 'Like literally weeks'
"That could happen in the very short-term," Bill Ackman said. "Like literally weeks."
Filip De Mott
4 mins read
Bill Ackman's misguided Harvard crusade
Billionaire investor Bill Ackman's decision to take out his anger at Hamas on a bunch of Harvard st…
Linette Lopez
1 min read
Billionaire investor Bill Ackman's hedge fund boosts Alphabet stake as AI hype rages on
Pershing Square scooped up about $1.3 million shares of Alphabet Class A shares during the second q…
Zahra Tayeb
2 mins read
Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a 'big threat' still looms
"High mortgage rates, high car rates, high credit card rates — they're starting to have an impact o…
Aruni Soni
1 min read
Bill Ackman reportedly made nearly $4 billion from $200 million in pandemic-related bets — and here are his next moves
The CEO of Pershing Square Capital Management is now betting on Netflix stock and higher interest r…
Isabelle Lee
2 mins read
Bill Ackman's first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank
Bill Ackman bought Wells Fargo stock while at business school as it seemed oversold, and Warren Buf…
Theron Mohamed
1 min read
Billionaire investor Bill Ackman says inflation is being underreported by the government due to soaring rent costs
Recalculating the consumer price index with different rent increase data would send November's read…
Matthew Fox
1 min read
Elon Musk touts short-term Treasurys as a 'no-brainer,' echoing Warren Buffett and Bill Ackman
The Tesla CEO was responding to Bill Ackman, who said he's following Warren Buffett's lead and inve…
Zahra Tayeb
2 mins read
Billionaire investor Bill Ackman says it's bullish for stocks if Omicron variant symptoms are mild
Bill Ackman made more than $2 billion through savvy trades around the time of the first coronavirus…
Harry Robertson
5 mins read
Bill Ackman and Elon Musk called DEI 'racist' but companies need it to succeed, experts say
Diversity, equity, and inclusion programs are taking heat from some billionaires but corporate DEI …
Tim Paradis,Josée Rose
1 min read
Bill Ackman says he's betting against 30-year Treasurys as a hedge against stubbornly high inflation
"The best hedges are the ones you would invest in anyway even if you didn't need the hedge. This fi…
Zahra Tayeb
2 mins read
Top economist David Rosenberg says Bill Ackman's bet against Treasurys could end as badly as his Herbalife wager
Bill Ackman revealed he's shorting US Treasurys as a hedge against high inflation, but David Rosenb…
Zahra Tayeb
2 mins read
It's time to ditch the play-it-safe 'T-bill and chill' investing strategy
Investors who transition from cash-like Treasurys into long-dated bonds ahead of the Fed cuts will …