How to turn Reddit hype into real dollars, as meme-stock mania returns to markets
Opendoor, Kohl's, and Wendy's are among the new crop of meme stocks, giving their bosses a chance to turn good vibes into cash.
Finance
Here's the latest sign that the US housing market has frozen over
Home prices are high even as inventory keeps rising. In June, NAR data shows pending home sales dropped amid tough conditions for prospective buyers.
7 easy steps that can help to build your credit while earning rewards
Learn to build your credit effectively with Navy Federal's cashRewards Secured card.
More Americans are drawing from retirement savings early. Why financial pros say that's a recipe for disaster.
"They're essentially robbing themselves of their future," a financial professional told BI. More Americans are drawing early from 401(k)s, Vanguard says.
Corporate America is on edge and hiring armed guards after the NYC office shooting
Corporate America is racing to boost security and reassure employees after a shooting left a top Blackstone exec dead, along with four others.
Morgan Stanley sees a 'rolling recovery' underway that's set to drive the stock market up 12% by mid-2026
Earnings are in the midst of a "rolling recovery" that'll boost the S&P 500. AI, fiscal policy, and rate cuts will help the rally, Morgan Stanley said.
Exclusive
Eyeing expansion, Schonfeld taps BlueCrest executive for new C-suite role
Michael Grad, BlueCrest's head of business development since 2017, is taking a top role at Schonfeld.
The head of crypto at Visa tells us why the payments giant isn't worried about stablecoins
As stablecoin momentum surges, Visa's head of crypto says he isn't worried about disruptions to traditional payments systems.
Real estate tycoon Jeff Greene talks about the 'tough balancing act' of raising kids as a billionaire
Jeff Greene, a real estate billionaire, spoke to BI about how he's raising kids as a wealthy parent, his path to success, and his work-life balance.
Quants are getting pummeled. Some execs say they know why.
Computer-driven hedge funds like Qube and Point72's Cubist have posted losses. Executives and experts have theories on why.
Meet the 18 members of the $100 billion club, who are together worth more than Amazon or Google
Elon Musk, Jeff Bezos, and Mark Zuckerberg are all members of the ultra-exclusive, 12-digit club.
Know an up-and-coming trader, investor, or dealmaker? We want to hear from you.
Calling all bosses, colleagues, recruiters, and industry watchers to put forward the investors, traders, and dealmakers on their radars.
Markets are partying like it's 1999 and 2007, but a hangover may be ahead, Deutsche says
NYSE margin debt jumped 18.5% in April to June, trailing periods just before the dot-com crash and the 2008 global financial crisis.
Ray Dalio warns of an 'economic heart attack' in the next 3 years if the US doesn't shrink the deficit
Investing legend Ray Dalio predicts that the US is headed for an 'economic heart attack' unless policymakers reduce the deficit in the near future.
Warren Buffett's successor has big shoes to fill. This is what Berkshire Hathaway gurus expect from the new boss, Greg Abel.
Five of Warren Buffett's closest followers told BI they expect Greg Abel to be more hands-on, focus on deals, and perhaps even introduce a dividend.
Exclusive
In battle over junior talent, Goldman dangles a new career path
Goldman Sachs has a new plan to keep junior talent from defecting to private equity: offering them buyside jobs within the bank. See the memo.
Goldman's CEO is finding his groove after years of challenges
David Solomon struck an upbeat note in Goldman's earnings call. Here are 4 reasons he's optimistic, from the return of big deals to AI.
'Black Swan' author Nassim Taleb tells BI he agrees with Elon Musk on debt, saying a 'crisis' is looming
Author Nassim Nicholas Taleb said the interest on the US debt is a huge burden, and called out Trump's tariffs and the dollar's decline.
The ultimate summer status symbol on Wall Street isn't a house in the Hamptons — it's a golf shirt
Finance guys on Wall Street are sizing up each other's golf shirts this summer as they've become the ultimate casual sign of success.
The economy is still humming, tariffs and all, say top banks
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and recession fears.