The S&P 500 (SNPINDEX: ^GSPC) is on track for a banner year in 2024. The broad-market index had its best start since 1997 through the first nine months of the year. However, according to Wall Street, none of that was supposed to happen. At the beginning of the year, the Wall Street consensus called for […]

UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024.  Anadolu | Getty Images LONDON — U.K. Finance Minister Rachel Reeves will deliver the government’s hotly awaited debut budget on Wednesday, putting to bed weeks of

By Suzanne McGee (Reuters) – Exchange-traded funds focused on artificial intelligence are proliferating as asset managers offer investors new ways to tap in to the market enthusiasm for AI, even while it remains unclear which companies will emerge as the long-term winners from the latest technology revolution. More than one-third of the two dozen ETFs

If you have extra funds, you might be weighing two options: paying down your mortgage or saving for retirement. In this guide, we’ll explore which should come first. Key Takeaways If you’re going to put extra money toward your mortgage, it’s usually better to do it early, such as within the first 10 years. It’s

Tesla stock soared this past week after third-quarter earnings beat forecasts and CEO Elon Musk gave upbeat guidance. Wall Street analysts largely had positive reviews with several maintaining buy ratings on Tesla stock, though not everyone was convinced. Early Thursday, the morning after the earnings report, Bank of America reiterated its buy rating and lifted

Both tech companies are capturing customers hungry for their AI solutions. Artificial intelligence (AI) holds incredible potential to change industries. Some have likened AI to the biggest transformational technology since the internet. Plenty of companies are trying to capitalize on AI’s secular trend. Two are Palantir Technologies (PLTR 2.98%) and C3.ai (AI 1.12%). The former uses AI

Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024.  Kaylee Greenlee Beal | Reuters Japan’s longtime ruling Liberal Democratic Party may have suffered an election

(Bloomberg) — Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day. But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology

Key Takeaways Intel shares will be in focus this week as investors await the beleaguered chipmaker’s third quarter results after Thursday’s closing bell. Investors will look for further updates from executives about the company’s turnaround plans, which have helped underpin a 23% recovery in the chipmaker’s stock since its early-September low. The stock has continued

TOKYO (AP) — Asian shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend elections. In currency trading, the U.S. dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro