State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq's worst week since April.Chief Business Officer Anna Paglia said momentum stocks still have legs because investors are reluctant to step away from the growth story that's driven gains all year."How would you not want to...
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Wealthy investors expected to drive $32 trillion alternatives boom
Shironosov | Istock | Getty ImagesA version of this article appeared in CNBC's Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.Investments in alternatives are expected to...
Trump announces deals with Eli Lilly, Novo Nordisk to slash weight loss drug prices, offer some Medicare coverage
U.S. President Donald Trump attends an event to make an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | ReutersPresident Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their...
Prediction market traders slash odds Trump tariffs survive Supreme Court ruling
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump's bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025....
Chicago Fed’s Goolsbee says he’s cautious about further rate cuts during shutdown
Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key inflation data.While Goolsbee has otherwise been an advocate for gradually lowering rates, the central bank official said during a CNBC interview that he has...