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NEW YORK, NEW YORK - SEPTEMBER 04: Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Stocks opened up mixed a day after beginning the month off with losses with the Dow Jones losing over 600 and Nasdaq closing with a 3.26% loss. All three indexes had their worst days since Aug. 5. (Photo by Michael M. Santiago/Getty Images)
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Veteran fund manager issues stark S&P 500 warning for 2025

The world-renowned hedge fund manager explains what could happen to the S&P 500 in 2025.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, June 28, 2024. Wall Street traders sent stocks toward fresh all-time highs as signs of inflation cooling reinforced bets the Federal Reserve will be able to start cutting interest rates this year. Photographer: Michael Nagle/Bloomberg via Getty Images
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Stock Market Today: Stocks end mixed as Treasury yields extend surge

Stocks are riding a two-week losing streak as 10-year Treasury yields flirt with 5%.

US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. The US Federal Reserve cut interest rates by a quarter point December 18 and signaled a slower pace of cuts ahead, amid uncertainty about inflation and US President-elect Donald Trump's economic plans. Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. They also penciled in just two quarter-point rate cuts for next year, and sharply hiked their inflation outlook for 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)
Stock Investing News, Analysis and Tips

Bank of America makes surprising pivot on interest rates

The investment firm's analysts rework forecasts on interest rates.

Daniella Meza-Diaz, right, Surgical Recovery Coordinator assists Dr. Donald Dafoe, MD, left, in the operating room at OneLegacy on June 29, 2023, in Azusa, CA. (Francine Orr / Los Angeles Times via Getty Images)
Business and Finance Breaking News

Huge healthcare provider files for Chapter 11 bankruptcy

The healthcare provider plans to sell off certain assets through its Chapter 11 bankruptcy case.

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