Bank of America CEO Brian Moynihan recently expressed his support for Federal Reserve Chair Jerome Powell, downplayed concerns about the Fed’s independence, and offered his outlook on future rate cuts. This comes at a time when the banking sector is navigating a changing economic landscape

Earnings guidance. It’s become a staple in the financial world, a regular ritual accompanying every quarterly earnings report. But this seemingly modern practice of companies predicting their future performance is actually an age-old tradition dressed up in new clothes. So, is it truly a crystal

Palantir, the enigmatic data analytics firm, has once again defied expectations. The company’s recent earnings call wasn’t just a financial report; it was a declaration of intent, a glimpse into the future of AI and global strategy as envisioned by its unconventional CEO, Alex Karp.

The US economy has been a study in contrasts, a tale of two sectors. While the services sector hums with activity, fueled by consumer spending and a robust labor market, the manufacturing sector has been mired in a two-year slump. This divergence has created an

The Federal Reserve is widely deliver another rate cut at its upcoming November meeting. This comes as inflation shows signs of cooling, edging closer to the Fed’s 2% target, and wage pressures begin to ease. The move is aimed at preventing the labor market from

Apple, the world’s most valuable company, has entered the critical holiday shopping season with a whimper rather than a bang. Its recent earnings report, while showing some positive signs, revealed a tepid forecast for the December quarter, sparking concerns about the company’s growth trajectory and