Market & news
Follow the latest in stock markets, technology, business, and personal finance, and understand what the news means for your money.
BlackRock has downgraded US stocks to neutral and upgraded short-term Treasuries to overweight, citing AI investment volatility and more attractive bond yields.
by Scott Matherson//5 minute read
US Dogecoin ETFs recorded zero net flows on every October trading day through October 12, with assets at $14.9 million as DOGE prices fell and XRP funds attracted fresh capital.
by Kayode Adeoti//4 minute read
JPMorgan Chase reported a 4% decline in third-quarter fixed-income trading revenue, while equity trading surged 49% and net income rose to $15.3 billion.
by Scott Matherson//4 minute read
Intercontinental Exchange plans to launch cattle and hog futures contracts on December 7, creating a new competitor to CME Group in US livestock derivatives, pending regulatory review.
by Ryan Perrakis//4 minute read
Tether has invested in EFY Finance’s seed round to expand institutional USDT and USA₮ payments, custody and cross-border settlement across Latin America.
by Kayode Adeoti//4 minute read
SpaceX launched its CRS-35 Dragon cargo mission to the International Space Station on October 13, carrying more than 6,300 pounds of supplies, scientific experiments and the station's final new solar arrays.
by Best Owie//4 minute read
AI chip stocks fell on October 13 as China’s CXMT advanced in memory technology and Huawei gained AI-chip market share, raising concerns over competition and AI valuations.
by Ryan Perrakis//5 minute read
Kroger plans to eliminate 3,000 corporate jobs over three years as CEO Greg Foran streamlines operations, expands AI use and redirects savings toward store employees and lower prices.
by Scott Matherson//4 minute read
Social Security’s 2027 cost-of-living adjustment will be announced Wednesday, October 14. Forecasts point to a 3.5%–3.6% increase, but the final figure depends on September inflation data.
by Kayode Adeoti//5 minute read
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