Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts

The fortunes of the agricultural sector have a major impact on the prices we pay for essential goods and therefore the wider economy. So to help you make better investment and other financial decisions we will keep you in the loop on major developments in this market (Get a free issue of The Kiplinger Letter… Continue reading Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts

New Emissions Limits to be Introduced: Kiplinger Economic Forecasts

The way businesses and industries are regulated affects people and the economy. So our hugely experienced Kiplinger Letter team will keep you abreast of the latest regulatory developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You will get all the latest news first by subscribing, but we will publish many… Continue reading New Emissions Limits to be Introduced: Kiplinger Economic Forecasts

Stock Market Today: Stocks Sink on Debt Ceiling Impasse

Stocks spent all of Wednesday in negative territory as uncertainty surrounding the debt ceiling and possible default weighed on sentiment.  Attention was temporarily diverted by this afternoon’s release of the minutes from the latest Fed meeting, which showed “several” central bank officials supporting a pause in rate hikes.  The bulk of today’s headlines centered on… Continue reading Stock Market Today: Stocks Sink on Debt Ceiling Impasse

US stocks jump as Nvidia leads tech rally and investors wait on debt ceiling progress

US stocks were mostly higher Thursday as Nvidia led a strong rally in the tech-heavy Nasdaq. The chipmaker saw its market cap close in on the $1 trillion mark after posting a glowing forecast. Meanwhile, investors are still waiting on debt ceiling updates. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading US stocks jump as Nvidia leads tech rally and investors wait on debt ceiling progress

AI is a double-edged sword that will eliminate some jobs but also help retrain workers, LinkedIn’s Reid Hoffman says

AI is a double-edged sword, which may eliminate some jobs yet has the power to reskill workers, according to the co-founder of LinkedIn.  “AI can be part of the solution,” Reid Hoffman said in during an interview with Fortune.  AI’s surge in popularity has sparked concern the technology could soon start replacing key jobs.  Loading… Continue reading AI is a double-edged sword that will eliminate some jobs but also help retrain workers, LinkedIn’s Reid Hoffman says

The ‘AI revolution has begun’: Here’s how Wall Street is reacting to Nvidia’s jaw-dropping earnings report that added $230 billion to its market value

Nvidia soared 30% and added $230 billion in market value after its blockbuster first-quarter earnings report. The company pointed to a surge in adoption of artificial intelligence for driving its big guidance raise.  Here’s how Wall Street analysts are reacting to Nvidia’s AI-driven earnings report. Loading Something is loading. Thanks for signing up! Access your… Continue reading The ‘AI revolution has begun’: Here’s how Wall Street is reacting to Nvidia’s jaw-dropping earnings report that added $230 billion to its market value

Bill Ackman jabbed at Carl Icahn, touted his new Alphabet wager, and bemoaned the debt-ceiling debacle this week. Here are the key highlights.

Bill Ackman poked at Carl Icahn, called out the debt-ceiling chaos, and touted his Alphabet wager. The Pershing Square chief talked up his other bets, including Lowe’s, Hilton, and Howard Hughes. Here are the highlights from Ackman’s first-quarter investor call and tweet on Wednesday. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Bill Ackman jabbed at Carl Icahn, touted his new Alphabet wager, and bemoaned the debt-ceiling debacle this week. Here are the key highlights.

Investors are wrong if they think the Fed will cut interest rates this year, a fund manager beating 91% of his competitors says

Investors need to realize the Federal Reserve won’t cut interest rates this year, Jupiter strategist Mark Nash says. Most traders expect the central bank to pause its tightening campaign at its June meeting. But “policy is still not tight enough,” Nash told Bloomberg. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Investors are wrong if they think the Fed will cut interest rates this year, a fund manager beating 91% of his competitors says