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Private Problems

December 14, 2023 | Two years after Wall Street began splurging on buying music rights, the music has stopped, and interest has seemingly dried up.

Rate Cuts Incoming

December 13, 2023 | Jerome Powell and Co. indicated that three rate cuts are coming in 2024, which was well received by global markets.

Core Focus

December 12, 2023 | Happy CPI day. That’s right, new inflation data is out, and we wouldn’t be worth the keyboards we type this on if we didn’t report on it.

‘Tis the Season

December 10, 2023 | ‘Tis the season to spend, spend, and spend away.

December 09, 2023 | Believe it or not, the cost of taking a shower can vary dramatically worldwide. Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800.

Still Hiring Away

December 08, 2023 | After inflation being top of mind for a year and a half, Wall Street’s focus is reverting to pre-Covid norms. That is, jobs reports are once again front and center on investors’ minds, especially since many analysts are calling for the Fed to dramatically cut interest rates next year — a tactic historically reserved for recessions.

Peak Exuberance

December 07, 2023 | There are “no longer any bears left.” That’s from Goldman Sachs managing director Scott Rubner, commenting on how enthusiasm around expected Fed rate cuts has driven markets higher in recent weeks.

Down to Business

December 06, 2023 | World leaders from more than 190 countries have gathered at the United Nations climate summit in Dubai this week. There’s a lot at stake after the hottest summer on record, per NASA.

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Bare Shelves

July 22, 2024 | Low interest rates have traditionally been widely viewed as beneficial for stocks — just ask small-cap fund managers lately. But their impact on the stock market is more complex.

Unreasonable Hospitality

July 21, 2024 | Will Guidara has redefined the meaning of hospitality. His approach, which he calls "unreasonable hospitality," goes beyond the expected service norms to create unforgettable experiences that resonate with guests long after their meal ends.