Economy

Economy
Economy

Bank of America makes bullish call on gas stock

Casey’s General Stores has spent much of the last few years building a business that looks increasingly different from the traditional gas station. Pizza, prepared food, and a growing rewards program have helped make the convenience retailer a destination even when customers are not filling up. The company operates nearly 3,000 stores across 19 states

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Economy

The $16.4 trillion ETF market hit a record that tells two stories

The exchange-traded fund (ETF) market’s August numbers look flawless on the surface, until you look at where the money actually went. The industry held $16.4 trillion in assets through August 31, 2026, with $180 billion in fresh capital pouring in that month alone, 3.8 times the historical August average and the strongest August on record

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Economy

Boeing races to defuse a threat that could ground its comeback

Boeing (BA) started September with a labor problem that could have slowed its recovery. Its engineers, who approve the jets Boeing needs to certify and deliver, almost went on strike. However, on Friday, Boeing and its engineering union reached a tentative four-year contract, and investors moved quickly. Boeing averts a strike that threatened its jet

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Economy

Cathie Wood buys $27.9 million of surging megacap stock

Cathie Wood, head of Ark Investment Management, often buys her favorite tech stocks when she sees a new opportunity. That’s what she did last week, pouring $27.9 million into Meta Platforms (META) as the company pushes deeper into AI. Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of

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Economy

The next AI boom could be hiding in cybersecurity

Jensen Huang told investors on Sept. 10 that cybersecurity is likely to become AI’s next major growth market, according to a Seeking Alpha report on his comments at the Goldman Sachs Communacopia + Technology Conference. Hours later, Anthropic told Reuters it had disrupted a Russia-linked hacking campaign that used its Claude models against more than

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Economy

Anthropic CEO sounds the alarm on AI risks

It is not every day that the person running one of the most valuable tech companies publishes an essay arguing that his own industry is moving too fast. Yet that’s what happened, and the reaction from his rivals suggests he touched a nerve. Dario Amodei, the chief executive of Anthropic and the man behind AI

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Economy

Jim Cramer says big tech stock could double in 3–5 years

Jim Cramer is no stranger to big predictions, and stock market investors navigating this choppy market need reasons to look beyond the next trading session.  In his September 11 episode, the Mad Money host pointed to eerie similarities with 2018, when elevated interest rates helped turn a robust market into a painful sell-off. Despite that

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Economy

Ryanair CEO sends rattling message on airfares ahead of earnings

Ryanair’s boss just said something travelers and investors should pay attention to. At the airline’s annual general meeting in Dublin, chief executive Michael O’Leary warned that airfares could rise sharply next year if oil prices stay high. For a company whose main selling point is cheaper seats, that change is worth monitoring. The timing matters

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Economy

Nvidia CEO Jensen Huang doubles down on his big 2030 market bet

When Nvidia CEO Jensen Huang makes a big claim about where artificial intelligence (AI) is headed, he rarely walks it back, especially when the numbers keep lining up in his favor. On September 10, Jensen Huang stood on stage at one of Wall Street’s biggest technology gatherings and repeated a forecast he first made exactly

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Economy

Morgan Stanley delivers blunt message to America’s pet owners

If you own a dog or a cat, you almost certainly have a Chewy box somewhere in your house. Chewy has spent years building a loyal, subscription-driven customer base of pet owners who buy food, medicine, and supplies automatically, month after month. You might be that loyal customer. But the problem right now is that

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