Game of monopoly How big can Big Tech get before Big Tech could get wrecked? Say that 10x fast. Tongue twisters, market twisters, and even legal twisters are enveloping the high-flying tech industry, which has helped propel stocks to record highs in 2024 – until yesterday. The Nasdaq (COMP:IND) plunged…

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now.Asked whether weakening in the labor market and manufacturing sector could prompt a response from the Fed, Goolsbee did…

We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts…

What a difference a day makes! After a two-week correction of nearly 5%, the S&P 500 (SPX) spent the first part of last week rallying in anticipation of a friendly Fed meeting. That Fed meeting Wednesday produced the expected, namely that a rate cut in September was likely. That pushed…

Earlier this year, Sam Dogen quit his job.For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out.For one, it was his first gig since 2012.Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting…

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head swim coach for a metro Detroit team. Her older brother’s reaction looked more like surprise.At 18 years old, Jogan has spent the summer organizing meets as staff leader of the…

Introduction Things aren’t going so well anymore. The AI-fueled tech rally has stalled, and all eyes are now on the “real” economy, which is showing some serious cracks. The just-released unemployment numbers, for example, came in much lower than expected, with nonfarm payrolls indicating just 114 thousand new jobs in…

U.S. Republican presidential nominee Donald Trump has agreed to an offer from Fox News to hold a debate with Democratic U.S. Vice President Kamala Harris on Sept. 4, he said in a post on Truth Social late on Friday.”Rules will be similar to the rules of my debate with Sleepy…

There’s a joke in Norway that people move here for two reasons: a job or love. I’m in the latter group. I met my Norwegian partner in my international Master’s program in Migration and Intercultural Relations.I decided to do my master’s in Europe after a post-college graduation gap year in…

The Weir Group PLC (OTCPK:WEIGF) Q2 2024 Earnings Conference Call July 30, 2024 3:00 AM ET Company Participants Jon Stanton – CEOBrian Puffer – CFO Conference Call Participants Andrew Wilson – JPMorganJonathan Hurn – BarclaysEdward Hussey – UBSKlas Bergelind – CitiBen Heelan – Bank of AmericaMax Yates – Morgan StanleyBruno…