US household wealth soars to record on booming stocks

(Reuters) -U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging stock market that offset a drop in property market values, the Federal Reserve said on Thursday. Household net worth rose about 3.2% in the period from...

Will the Moderation in Wage Growth Continue?  

Wage growth has moderated notably following its post-pandemic surge, but it remains strong compared to the wage growth prevailing during the low-inflation pre-COVID years. Will the moderation continue, or will it stall? And what does it say about the current state of...

A Brief History of Secondary Stock Sales

FROM ONE-OFFS TO EMPLOYEE TENDER OFFERS In Silicon Valley, a tender offer that allows longtime employees at high-performing startups to get some liquidity is fast becoming an expected benefit. While secondary stock sales have always been possible, their popularity—and...

Frenzy Over AI Drives Doubling of Chip Maker Options Trading

Nvidia accounted for 80% of SOX options trades in February Options trading last month jumped sevenfold from year earlier Options trading in semiconductor stocks is exploding as investors bet on the hottest thing in equity markets these days: artificial intelligence....

OECD Warns About Debt Market Danger as Maturity Wall Looms

About 40% of government, corporate bonds mature in three years Debt grows at time when central banks reduce holdings Global bond markets are facing significant challenges as governments and companies have to refinance about 40% of maturing debt in the coming three...

Google’s Gemini debacle a make-or-break moment, analyst says

Analyst says Google’s reputation is on the line with Gemini fix The bungled rollout of Google’s new artificial intelligence tool Gemini could end up being either a curse or a blessing for the Alphabet-owned tech giant, according to an analyst who owns the...