Day traders wreak havoc on hedge fund bets, Wall Street dips, BlackRock’s progress on sustainability

Day traders wreak havoc on hedge fund bets, W...

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Oil hits $100 and drives global bond sell-off

The US unveiled new tariffs to replace old ones, oil’s jump above $100 deepened a global bond sell-off, and thousands of supporters of the youth-led “Cockroach” movement in India continued protesting over problems in the education system. Plus, the European Central Bank held inte ...  Show more

US oil refineries race against dwindling supply

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels such as diesel. Plus, the UK consumer price index dropped in June, and Deutsche Ba ...  Show more

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Digital World Ascends to Greater Heights While Valkyrie Bitcoin ETF Drowns
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Wall Street bifurcation widens
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Wall Street is split, with the Nasdaq recording its worst session since December 2022 while the rotation away from tech stocks continues, helping the Dow to close above the 41,000-point mark for the first time. President Biden pulls out of an event in Nevada after testing posi ...

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