Exclusive: While some bank chiefs mismanaged rates, Andy Beal waited years for yields to rise before buying Treasury inflation-protected bonds like crazy
Futures Movers: U.S. oil price settles below $80 a barrel, lowest in over 2 weeks
U.S. oil benchmark falls as concerns over the outlook for energy demand outweighs support from a weekly decline in crude supplies.
Movers & Shakers: Tesla and Netflix stocks fall, Western Alliance shares surge, and other stocks on the move
Netflix’s stock declines after posting weaker subscriber growth, while Tesla shares weaken after more price cuts.
: Ray Dalio reportedly to open family office branch in Abu Dhabi
Bridgewater Associates founder Ray Dalio is set to open up a branch of his family offices in the United Arab Emirates, Bloomberg reported on Wednesday.
Need to Know: Most day traders flop. These researchers say one popular strategy generated 46% per-year returns.
A new study says that day trading using a popular strategy outperforms the broader market, in good times and in bad.
: Credit Suisse maintained accounts of Nazis as recently as 2020, senators say
U.S. lawmakers have accused controversy-ridden Swiss lender Credit Suisse of holding up an investigation into its history with Nazi-linked accounts.
: Tesla stock drops in premarket after another round of U.S. price cuts as earnings loom
Tesla cut the prices of Model Y and 3 electric cars, hours ahead of first-quarter results from the company.
Kelley Blue Book: 10 new electric cars with the longest range
Check out these 2023 electric cars with the longest range, ranked based on tech, standard equipment, comfort and more.
NerdWallet: Who’s most likely to lose their job to AI?
Here’s a summary of recent research on which industries are most exposed to artificial intelligence, and how jobs may be affected.
Market Snapshot: S&P 500, Nasdaq end flat as investors weigh Beige Book, mixed earnings from Morgan Stanley, Netflix
U.S. stocks ended mostly flat on Wednesday as investors sifted through another round of earnings.
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