Being glued to crypto news this week meant missing adventures in regular markets that while lacking the same high drama, made up for it in terms of money at stake.
Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cutting by the end of 2023.
The US crude market’s structure is signaling oversupply for the first time in almost a year, the latest indicator of the scale of the dramatic slump in the nearest section of the oil futures market.
The amount of time between aircraft as they land at Toronto Pearson International Airport might seem prosaic to the untrained eye, but there’s a lot more going on than pilots negotiating the gentle return to earth of hundreds of tons of metal.
When market investors suffer losses — or get taken for a ride — they’re often eligible for a tax write-off to soften the blow. Users of the bankrupt crypto exchange FTX won’t be so lucky.
Slumping stock prices and slowing growth has the biggest technology companies — and investors — thinking about what it will take to reverse their fortunes.
Owning a mutual fund that’s down 20% or 30% is bad enough. Now, holders of many money-losing investments will be asked to pay capital gains taxes too.
A year after the Nasdaq 100 Index last closed at an all-time high, there’s no sign the index is heading back to those heights any time soon.
Oaktree Capital Group LLC co-founder Howard Marks is gearing up for one of the best buying opportunities since the global financial crisis as higher interest rates and a looming recession push more companies into distress.
Mortgage rates in the US faced the biggest weekly decline in nearly 41 years, providing some relief after a rapid run-up that quickly priced out homebuyers.
BMO Investments Inc. is introducing a suite of innovation-focused funds that will be overseen by Cathie Wood’s ARK Investment Management, in a bet that investor appetite for growth-centered products will persist even after this year’s slump.
Many Tesla Inc. investors watched in dismay as Elon Musk plunged into a battle over buying Twitter that pulled his attention away from the electric-car maker.
For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.
If the last few weeks are any guide, the coveted soft landing for the economy may be coming into view.
The inflationary tremors shaking Wall Street all year are causing big changes to fixed-income capital flows that could ultimately end up disrupting the money-management industry over the long haul.
Federal Reserve Bank of St. Louis President James Bullard said policymakers should raise interest rates to at least 5% to 5.25% to curb the highest inflation in nearly 40 years.
What do Bill Hwang, the disgraced US investor, and Liz Truss, Britain’s shortest-serving prime minister, have in common?
The dinner rush is on at Suga’s Diner in Stanton, Tennessee, the only restaurant in this town of 452 souls.
Financial market participants are asking for more regulations and better supervision to help rein in exaggerated ESG claims.
Federal Reserve policymakers believe that inflation expectations are self-fulfilling prophecies, and they’re dead set on preventing them from moving materially higher.
Will AI save crypto?
The person responsible for translating the math chapter of my book, Wealth Management, into Japanese told me, “You give me much headache.” Welcome to the math chapter.
Replace talking about your solution with talking about a roadmap.
To foresee what crisis might be next, it is vital to understand the dollar's role in global finance and economics and the resulting role that the Fed plays in influencing global monetary policy.
Here are three more subtle cues that a prospect likes the solution you are presenting.
Wall Street is struggling to whittle down the roughly $37.5 billion in risky corporate loans stuck on their books -- and the pile of so-called hung debt may be about to swell further as another large buyout financing stumbles.
The reason CRMs fail is often because of lackluster adoption by users, and not the capabilities of the tool itself.
Why do team members often resist change?
The most crowded trade on Wall Street -- long inflation -- is suddenly getting crushed like never before in the post-lockdown era, sparking a spate of forced deleveraging among a broad cohort of institutional funds.
In the wake of the last housing crash, online lenders came to dominate the mortgage market.
They say a picture is worth 1,000 words and a good chart fulfills a similar function.
I’ve learned from experience what it takes to mount a successful marketing campaign. Here are some observations.
US household debt climbed at the fastest annual pace since 2008 in the third quarter, with credit-card balances surging even as the interest rates that lenders charge to consumers hit a multi-decade high.
Investors have been celebrating recent inflation data, which showed both consumer and producer prices rising by less than expected in October.
If you had to point to one culprit holding back the economy over the past 18 months, it would be the auto industry.
The succession plans that come off with the fewest disruptions are those that are implemented over an extended period, especially when the successors are not family members.
Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount against a backdrop of rising borrowing costs.
Fast-money quants were effectively forced to buy an estimated $225 billion of stocks and bonds over just two trading sessions, as one of Wall Street’s hottest strategies in the great 2022 bear market shows signs of cracking.
How will you leverage networking’s holiday season grand finale without being perceived as the friend who is desperate for business?
For the past two holiday seasons, Andi Garland wasn’t able to visit her dad for Thanksgiving due to the pandemic.
A broker who competes against RIAs is about as likely to win as someone who plays one-on-one basketball with one hand tied behind their back.
It’s official: the supply chain for electric vehicle batteries is coming to America.
Elaine Weir’s home doesn’t sit on a volcano. Nor is it surrounded by natural geysers. But that hasn’t stopped the 69-year-old retiree in Scarsdale, New York from heating her house with geothermal energy.
As Sam Bankman-Fried’s crypto empire imploded last week, costing him effectively all of his $15.6 billion fortune, other digital-asset billionaires sought to make clear that their steep losses in 2022 wouldn't be similarly fatal.
Time and again, Europe’s leaders have pledged to address a looming threat to their union: excessive government debt.
Here are some of the cues that indicate a prospect has accepted what you have presented and want you to move on to the next step.
What is new about my thinking on money scripts is that, unless they are generational, they are not written for us by someone else.
US stocks will end 2023 almost unchanged from their current level -- but will have a bumpy ride to get there, according to Morgan Stanley’s Michael Wilson.
Toyota Motor Corp. is about to take the wraps off a revamped Prius, the latest iteration of a car that normalized the idea of owning an environmentally conscious vehicle more than two decades ago.
To say that the world’s top central banks have been under strain this year would be a big understatement given the amount of political pressure, public blame and economic condemnation thrown their way.