Mar 8, 2025 | Markets
Federal Reserve Bank of San Francisco President Mary Daly said growing uncertainty among businesses could slow demand in the US economy but doesn’t require a change in interest rates. Business leaders in her Fed district have conveyed that “uncertainty surrounding the...
Mar 8, 2025 | Markets
Brent slumped to a three-year low as bearish clouds gathered Shaky demand outlook runs headlong into swelling supplies Oil prices suddenly broke out of a months-long slumber this week to touch a three-year low. Now, traders are grappling with the question of whether...
Mar 7, 2025 | Markets
In the weeks after Donald Trump won the US presidential election, investors pumped more than $700 billion into Tesla Inc. shares, betting that Elon Musk’s relationship with the commander in chief and growing political prominence would pay off for the automaker. Barely...
Mar 7, 2025 | Markets
A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from CEO Elon Musk’s close relationship with President Donald Trump made its stock one of the top...
Mar 6, 2025 | Markets
Millennium Management, Citadel and other top hedge funds posted lackluster returns in February, as market gyrations reversed momentum on key trades and clobbered popular stocks. Multistrategy firms with an equity market-neutral bias took some of the biggest hits....
