The East and Gulf coast ports strike could be a no-win situation for the Biden administration
President Biden is sticking to his position of not forcing striking port union workers back on the job, a political call that adds uncertainty to inflation.
Israel retaliation may target Iran oil infrastructure, boosting prices further, Wall Street analysts say
For months, traders have largely dismissed the risk of a supply disruption in the Middle East, but the threat is growing.
LVMH and Formula One announce 10-year partnership
Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from Wednesday afternoon.
Stock market typically cools off in October following a really strong third quarter
A weak month could be the set-up for a year-end buying opportunity, according to Piper Sandler.
Chip company insiders sold a record $1.3 billion in stock during the third quarter
Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector’s outperformance.
How to keep betting on a Meta breakout with protection in case of a pullback
Tony Zhang breaks down how to do a put vertical spread using options.
China stock ETFs rip higher even as mainland markets close for holiday
Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long holiday.
Here are JPMorgan’s top stock picks heading into October
With the new trading month underway, the Wall Street bank released its updated focus list targeting growth, income, value and short selling strategies.
As Netanyahu vows Iran payback, markets watch for dangers of further escalation
Markets are braced for a potential Israeli response after Tehran’s missile attack, with up to 4% of global oil supply at risk if Iran’s infrastructure is hit.
Mining giant Fortescue says it’s time to walk away from the ‘proven fantasy’ of net zero
Fortescue, the world’s fourth-largest iron ore miner, has outlined plans to stop burning fossil fuels across its Australian iron ore operations by 2030.
