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House passes $78B bill with business, child tax breaks
REGULATION, LEGAL & COMPLIANCE FEB 01, 2024
House passes $78B bill with business, child tax breaks

Lackluster Republican support in the Senate threatens to sink the measure.

Bank to the stars fined $65M over risk control failures
REGULATION, LEGAL & COMPLIANCE FEB 01, 2024
Bank to the stars fined $65M over risk control failures

OCC says City National Bank 'engaged in unsafe or unsound practices.'

Fed provides rate-cuts reality check for Wall Street
RIA NEWS FEB 01, 2024
Fed provides rate-cuts reality check for Wall Street

Is March now off the table for the US central bank?

European markets react to Fed's rates narrative
EQUITIES FEB 01, 2024
European markets react to Fed's rates narrative

Earnings were also in focus as Thursday's trading commenced.

Cooler labor market means bigger paychecks are harder to get
RIA NEWS FEB 01, 2024
Cooler labor market means bigger paychecks are harder to get

Many workers say they are glad to have a job, but unhappy.

Fed to hold rates today, but what next?
RIA NEWS JAN 31, 2024
Fed to hold rates today, but what next?

Less than half of investors think a March rate cut is likely.

Nasdaq futures fall as AI results fail to match up to hype
EQUITIES JAN 31, 2024
Nasdaq futures fall as AI results fail to match up to hype

Some tech giants' earnings have underwhelmed investors.

PGIM exec says markets are wrong on inflation
RIA NEWS JAN 31, 2024
PGIM exec says markets are wrong on inflation

Greg Peters says the hardest part may be ahead of us.

Musk denied $55B Tesla pay packet by US judge
RIA NEWS JAN 31, 2024
Musk denied $55B Tesla pay packet by US judge

If the ruling stands, Musk will drop to world’s third richest person.

Gold demand is heading for new record high
RIA NEWS JAN 31, 2024
Gold demand is heading for new record high

Central banks and OTC market are fueling demand, according to the World Gold Council.