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The U.S. released inflation data early — and no one in the market noticed

Data on U.S. consumer prices, most eagerly awaited report of the month, was released early, and there’s no indication that anyone in the market spotted it.

Thu May 16, 2024 11:46
Ray Dalio believes there’s a 35-40% chance of a civil war in the U.S. and would vote Taylor Swift for president

Bridgewater Associates’ founder Ray Dalio believes the U.S. is “on the brink” of a civil war and sees a 35-40% possibility of an internal conflict breaking out.

Thu May 16, 2024 11:46
Benchmark Treasury yields hold six-week low after cooler U.S. inflation data

Bond yields were little changed Thursday, following a softer-than-expected CPI report that boosted the chances of interest rate cuts this year.

Thu May 16, 2024 11:46
GameStop and AMC shares were halted 38 times on Tuesday. This expert has been arguing for decades that halts don’t work.

Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.

Thu May 16, 2024 09:09
Truck driver hospitalized in incident at TSMC’s chip plant under construction in Arizona

Taiwan Semiconductor Manufacturing said a truck driver was brought to a hospital after an incident at its semiconductor factory under construction in Phoenix, Ariz.

Thu May 16, 2024 07:40
KFC parent Yum Brands approves $2 billion in share buybacks

KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.

Thu May 16, 2024 03:13

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