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Nvidia falls further in post-market trading after plunge that wiped out almost $300 billion in value
Nvidia’s huge rise in recent years has been directly related to its dominance in AI chips for data centers.
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Nvidia plunges almost 10%, dragging basket of chip stocks to worst day since March 2020
Nvidia’s steep drop Tuesday knocked almost $300 billion in market cap off the chipmaker and weighed on the broader market.
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Harris to propose $50,000 tax deduction for small business startup expenses, ahead of Trump debate
Donald Trump and Vice President Kamala Harris will face off at a Sept. 10 debate where the economy will likely be a focus.
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Weak manufacturing measures raise specter of U.S. economic slowdown
The ISM monthly survey of purchasing managers showed that just 47.2% reported expansion in August.
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Beat Treasury yields with these dividend-paying bank stocks, Janney says
A handful of dividend-yielding bank stocks are beating Treasurys and cash, but investors should be discerning as they scan the names.
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The fight over the UK’s fraud compensation scheme
Forcing banks to refund £415,000 opens door to fresh scams, industry warns
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UK regulator to slash maximum fraud losses banks are forced to cover
Proposed payout limit expected to be cut from £415,000 to £85,000 after industry lobbying
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Lessons from the great inflation
Large shocks are likely to recur in the future, bringing significant challenges for policymakers