by Bloomberg.com | May 24, 2024 | alerts, Markets/Economy
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...
by Bloomberg.com | May 24, 2024 | alerts, Markets/Economy
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...
by Bloomberg.com | May 24, 2024 | alerts, Markets/Economy
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...
by Bloomberg.com | May 24, 2024 | alerts, Markets/Economy
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...
by Bloomberg.com | May 24, 2024 | alerts, Markets/Economy
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...
by Bloomberg.com | May 23, 2024 | alerts, Markets/Economy
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...
