To The Moon

The Federal Reserve three weeks ago slashed its short-term rate target by half a point and signaled more cuts to come. Yet in that time, investors have pushed the yield on the 10-year Treasury to 4%, the highest in two months.Why would long rates rise while the Fed's rates fall?The Fed sets interest rates for the immediate future. Investors are betting on the path of those rates for the next decade. And for two reasons, interest rates are likely to be higher, perhaps much higher, in the coming decade than in the prior one.More than a year ago the Fed pushed its rate target range to a 20-year high of 5.25% to 5.5% to make sure inflation didn't stay stuck above its 2% target, even if that meant causing a recession. By September, inflation was closing in on 2%. The half-point cut signaled that the Fed's priority was now protecting the labor market.

Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool that can generate or edit videos based on a simple text prompt, elevating competition with rivals like OpenAI and Google

The former contestants on Donald Trump’s TV show The Apprentice who co-founded his media startup wasted no time offloading millions of shares in the company after restrictions that prevented selling were lifted.

Intel is in the midst of one of the most tumultuous periods in its 56-year history. Declining sales, missed opportunities to compete in the AI space, and a massive turnaround effort by CEO Pat Gelsing

Sept 25 - The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years, and refinancing activity jumped, data from the Mortgage Bankers Association showed on Wednesday.The average contract rate on a 30-year fixed-rate mortgage dropped 2 basis points in the week ended Sept. 20, the data showed, a far smaller move than the half-of-a-percentage point policy rate cut delivered by the Federal Reserve last week.Mortgage rates had been falling for

Tesla Moved Back Into Positive Territory for 2024 as Analysts Pointed to Possible Catalysts

Three years ago, Intel was worth more than double its current value, and Chief Executive Pat Gelsinger was on the prowl for acquisitions.Now Intel itself is a takeover target, in a sign of how strateg

Narrowing rate gap provides comfort to Asia investors: LombardOkasan says Fed rate cut, yen drop was ideal result for JapanMoney managers and strategists say the central bank’s decision to lower its b