Under sharp questioning from Rep. Sean Casten, Scott Bessent, a key economic advisor to the Trump campaign, walked back his past written assertion that tariffs are 'inflationary,' correcting his testimony from earlier in the same hearing.
Oracle's ambitious plan to raise up to $50 billion for a massive AI infrastructure expansion has rattled investors, sending its stock down sharply. While the move underscores its commitment to competing with cloud leaders, concerns over execution risk and debt levels are taking center stage.
Hospital leaders across Connecticut are mounting a fierce defense against a proposed increase in the state's provider tax, arguing that chronic Medicaid underpayments have pushed the healthcare system to a breaking point where new taxes could jeopardize care for vulnerable communities.
A wave of selling swept through global technology stocks this week, erasing hundreds of billions in market value, as conflicting fears over artificial intelligence's disruptive potential and its near-term demand rattled Wall Street.
The sports betting technology firm has formally applied to the CFTC for key regulatory designations, aiming to transform its state-licensed prediction market into a national offering amid a rapidly evolving competitive landscape.
A deep-dive valuation analysis suggests Cochlear Limited's current market price may be stretched. Using a discounted cash flow model, we find a significant gap between the calculated fair value and the trading price, raising questions for investors.
A counterintuitive trend is reshaping housing markets across the American Sun Belt and pandemic-era boomtowns. Despite robust population growth, home values are declining in several major metros, driven by a delayed surge in supply, shifting affordability ceilings, and cooling investor appetite.
Bitcoin fell below $73,000 on Feb. 4, 2026, reaching its lowest level since April 2025 and triggering a double-digit selloff in major mining stocks. The decline extends a four-month retreat from all-time highs, pressured by large holder sales and waning mining profitability.
A significant insider sale at Applied Digital, a key player in AI infrastructure, sparks debate among investors as the stock rides a wave of sector enthusiasm and soaring valuations.
Commonwealth Financial Network has reached a settlement with the SEC, bringing to a close a five-year legal battle over allegations the firm failed to disclose conflicts in mutual fund share class recommendations.
The crypto asset manager has launched seven model portfolios, leveraging both proprietary and third-party ETFs, to provide financial advisors with structured pathways for client exposure to digital assets.
In a major policy shift, the U.S. Commodity Futures Trading Commission has withdrawn a proposed rule that sought to outlaw prediction contracts on political events, clearing regulatory uncertainty for the growing industry.
As Bitcoin struggles to hold the $73,000 level, decentralized prediction platform Polymarket shows traders are betting heavily on a further drop to $65,000 this year, reflecting a stark shift in sentiment from earlier bullish forecasts.
Bridgewater Associates founder Ray Dalio warns that escalating U.S.-Europe tensions could trigger a 'capital war,' where financial tools become weapons. He argues gold remains a critical hedge for investors navigating potential market turmoil.
With Jerome Powell's term as Federal Reserve Chair set to conclude in May 2026 and Kevin Warsh nominated as his successor, market strategists are eyeing potential winners in Financials, Small-Caps, and Real Estate ETFs.
Bank of America pushes back against the recent tech stock rout, arguing investor fears of both weak AI returns and massive AI disruption are contradictory. The firm sees the selloff as a buying opportunity, forecasting AI infrastructure spending to hit $1.2 trillion by 2030.
Eli Lilly's blockbuster drugs Mounjaro and Zepbound have propelled it to a commanding lead in the lucrative weight-loss and diabetes market, while rival Novo Nordisk warns of declining sales in 2026, sending its shares tumbling.
CNBC's Jim Cramer offered a blunt assessment of Dillard's Inc. (NYSE: DDS) when pressed by a viewer, stating he lacks sufficient knowledge of the department store chain to recommend it, highlighting the challenges facing traditional retailers.
CNBC's Jim Cramer offered a puzzling, dismissive take on Gladstone Land Corporation during a recent Lightning Round, sending the farmland REIT into the spotlight. We examine the context behind his comments and the stock's niche in the agricultural real estate market.
New research reveals revenue teams lose nearly two full workweeks each month to manual commission management, creating a significant drag on analysis, forecasting, and strategic planning.
