Defensive ETF bets suffer losses as bullish sentiment endures Equity gains stay concentrated as equal-weighted index lags With each passing week, the bear case for Wall Street proves too tempting to pass up for a handful of gutsy traders. Risky assets with lavish...

Shares extended rout this week on product chief’s departure Wall Street is focused on sales trends in June earnings report A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s...

Complacency over AI errors will make search an even worse experience. Google should shut its new feature down. For years, to “google” meant to tap the web’s prodigious data. Today it means wading through ads, spam and, most recently, wildly inaccurate AI answers. The...

A pension expert says millions will find they can’t afford to quit their jobs, while others may be forced out of work before their nest egg is ready. Teresa Ghilarducci knows retirement. A labor economist and professor at the New School for Social Research in New...

Rising global equity breadth to be a contrarian sell indicator All major asset classes record inflows in latest week: BofA The rally in global equity markets is at risk of overheating, according to Bank of America Corp. strategist Michael Hartnett. The bank’s...

Economy grew 0.3% in first quarter, while inflation sped up Presidential election will take place in less than two weeks Mexico’s economy eked out weak growth at the start of the year as inflation sped up further above target in a fresh sign of the challenges its next...

Prices impacted by Fed officials dampening rate-cut hopes Metal’s rally ‘showing signs of easing,’ Jinrui Futures says Copper steadied following the biggest drop in almost two years, as Chinese factories balked at paying record prices and Federal Reserve officials...

First-time claims declined to 215,000 in week ended May 18 Benefit applications have remained subdued in recent months Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time...

Charles Schwab Corp. is planning to roll out an alternative investments platform in phases for individual investors this year. The platform will offer investors access to private equity, venture capital, private credit and long-short exchange funds to start, with one...

Goldman economists see debt-to-GDP rising to 130% in 2034 Real interest expense will catapult higher over coming decade Goldman Sachs Group Inc. updated its longer-term US fiscal outlook Wednesday, with its new projections seeing a key metric of debt sustainability...

Contract closings dropped 1.9% to 4.14 million rate last month Median selling price rose to $407,600 - record for any April Sales of US existing homes unexpectedly fell for a second month in April, adding to evidence that the resale market is struggling for traction...

Wall Street giant fined $78 million in UK for 2022 trades London staffer’s fat-finger blunder triggered Europe selloff For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. It was a public holiday in the UK, so it should have been...

U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market. Home sales slipped 1.9% last month to a seasonally adjusted annual rate of 4.14 million units, the National...

BYD’s Seagull hatchback is set to start Europe sales next year, beating the competition on price Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region’s biggest industries. BYD Co., which overtook Tesla Inc. late last year...