Bill Ackman ‘s Pershing Square poured hundreds of millions of dollars into Amazon shares as 2025 wrapped up. The fund expanded its stake by more than $865 million, or by 65%, to a value above $2.2 billion in the fourth quarter of last year, regulatory fillings show. Pershing’s Amazon holding is now its third largest,…
U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve’s meeting minutes and key inflation data. At 2:48 a.m. ET, the 10-year Treasury yield rose over 2 basis points to 4.075%, and the 30-year Treasury bond yield was up 1 basis point to 4.7%. The 2-year Treasury note yield was 1 basis point higher at 3.453%. One basis…
Iran’s Foreign Minister Abbas Araghchi (3rd L) and Switzerland’s Foreign Minister Ignazio Cassis (2nd R) attend a bilateral meeting between Switzerland and Iran during a second round of US-Iranian talks with Washington pushing Tehran to make a deal to limit its nuclear programme, in Geneva on February 17, 2026. Cyril Zingaro | Afp | Getty…
Erratic policy decisions, bubbling geopolitical tensions and concerns about the Federal Reserve’s independence have left some investors pivoting away from U.S. assets over the past year — and JPMorgan is among them. In a wide-ranging Monday note, equity strategists at the investment bank said they remained long emerging markets versus developed markets, and that within…
“Late Show” host Stephen Colbert on Tuesday night called CBS’s denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration. Colbert’s broadside came hours after CBS…
Andreypopov | Istock | Getty Images The Trump administration has identified more than 40,000 borrowers eligible for federal student loan forgiveness in January, a recent court filing revealed. More than 10,800 of the borrowers who qualified for the debt cancellation were enrolled in the U.S. Department of Education’s Income-Based Repayment Plan; another over 10,700 were…
A new global industrial cycle may have just kicked off — and investors should consider switching up their playbooks, according to Bank of America. The firm believes the best opportunities in the market are away from “crowded consensus themes.” “We suggest that the long-needed rebalancing of global industrial production and consumption is just beginning,” Jared…
This market reminds me of 2023, when a prominent Wall Street analyst went all in on the impact of GLP-1s. I’m not going to name the analyst — just too vicious — but the gist of the report was that airline stocks could be winners from the soaring popularity of weight-loss drugs. The thinking? Lighter…
Citi is an advertising partner. Gas prices are at their lowest national average in nearly five years, at $2.81 a gallon, according to a January 2026 report from the American Automobile Association (AAA). This is the lowest national average since March 2021 during the COVID-19 pandemic. Though gas prices have fallen, the cost of goods and…
Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), speaks during a press conference at the LDP headquarters in Tokyo, Japan, on February 9, 2026. Franck Robicho | Anadolu | Getty Images The International Monetary Fund urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that…
