Business
Cramer’s week ahead: What to watch as Wall Street navigates a tough September
CNBC’s Jim Cramer said investors could be in for a relatively quiet week as Wall Street works its way through a historically difficult September.
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Wall Street
Business
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next
Business
A Chinese AI company just connected its model to Wall Street's leading data providers
The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
Business
Wall Street tumbles 10% below its record after Trump escalates trade war
NEW YORK — Wall Street's sell-off hit a new low Thursday after U.S. President Donald Trump's escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month. A 10% drop is deemed a correction by professional investors, and the S&P 500's 1.4% slide on Thursday sent the index to its first since 2023. The losses came after Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol. Not even a double-shot of good news on the U.S. economy could stop the bleeding. The Dow Jones Industrial Average dropped 537 points,