Stocks took a strong turn upward in 2023, sparked by the slowing pace of rate hikes, declining inflation and a resilient job market: a trio of good omens that could portend the elusive but highly desired “soft landing” for the U.S. economy. That momentum has continued in the early days of 2024, with all three … Read more
Some investors believe that the current technology boom and artificial intelligence will power a gigantic bull market in the months and years to come. Other analysts are warning of high valuations and a potential bubble if markets get much more euphoric. In any case, it can be tricky trying to value high-flying stocks such as … Read more
A bipartisan push in Washington to clamp down on credit card fees is pitting retailers like Walmart against network payment processors such as Visa. Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year. “It’s time to inject real competition into the credit card network market, which is dominated … Read more