Global Funds Turn to China Stocks, Yuan in Big Bets for 2026

Investors are ramping up bets on China’s stocks and currency as 2026 kicks off, signaling a more decisive shift into the country’s assets at a time of rising global uncertainties. Global investment firms from Goldman Sachs Group Inc. to Bernstein Societe Generale...

Wellington Hires Hamilton Lane’s Alex Behm for Secondaries Push

Wellington Management Co., the mutual fund giant best known for stock- and bond-picking, hired Hamilton Lane Inc.’s Alex Behm to lead its foray into the hot market of buying and selling private equity stakes. Behm, who previously worked as a deal lead at Hamilton...

AI Volatility Rattles Stock Traders Chasing Next Wave of Winners

Artificial intelligence infrastructure has been a solid stock market bet over the past year, with many of 2025’s best performers in the S&P 500 Index falling into the category. But the trade is getting volatile as some of the perceived winners start taking hits....

BNY CEO Calls Attacks on Federal Reserve ‘Counter-Productive’

Bank of New York Mellon Corp.’s top executive called the US Justice Department’s attacks on the Federal Reserve “counter-productive” to the Trump administration’s goals of boosting the US economy and prioritizing affordability. The US central bank’s independence has...

Citi Says Europe Could Also Face Central Bank Independence Risk

Central bank independence could come under threat in Europe over the coming years, should an ongoing move toward issuing shorter-dated bonds tempt politicians to push for lower interest rates, according to Citigroup Inc. Monetary policy is already under pressure in...

The Economic Toll of Trump’s Policies Will Soon Be Visible

Mainstream economists have underestimated the cost of all the confusion the administration has unleashed, particularly on trade and immigration. Many forecasters and investors misinterpret what is happening in the American economy. Some believe the uncertainty around...

Gold and Silver Storm to Records as Fed Hit With DOJ Subpoenas

Gold and silver climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns about the central bank’s independence. The yellow metal spiked above $4,600 an ounce, while...

‘Sell America’ Trade Is Revived by Trump’s Latest Fed Attack

“Sell America” sentiment rippled through markets on Monday after the Trump administration escalated its attacks on the Federal Reserve, fanning concerns over the central bank’s autonomy in setting interest rates. The dollar, Treasuries and US equities futures slid...

Abercrombie Tumbles as Holidays Fail to Deliver for Mall Stores

Abercrombie & Fitch Co. shares sank after holiday sales disappointed investors, helping spark a selloff in retail stocks. The New Albany, Ohio-based company didn’t raise its outlook and now expects fourth-quarter sales growth of around 5%, the mid-point of its...

Discounter Five Below Has Robust Holiday as Shoppers Seek Deals

Five Below Inc. boosted its sales forecast beyond Wall Street estimates after reporting a banner holiday shopping season. The discount chain now sees comparable sales for the fourth quarter rising about 14.5%, roughly doubling a previous outlook. Analysts on average...

US Inflation to Pick Up After Muddy November CPI

US consumers probably experienced only a modest pickup in inflation as 2025 drew to a close, consistent with price pressures that are gradually abating. The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food...