Wall Street

Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain competitive advantages …

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Robinhood rises after report that SEC will not ban payment for order flow

A woman holds a smartphone with the Robinhood logo in the background.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesShares of retail brokerage Robinhood moved higher on Thursday after a report that U.S. regulators would not ban payment for order flow, a key part of the company’s business model.Bloomberg News reported that the Securities …

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Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.Marco Bello | Getty ImagesCathie Wood, Wall Street’s most vocal proponent of deflation, is getting a few high-profile supporters even as price pressures continued …

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Goldman Sachs yanks ‘free coffee’ perk as bankers return to five-day week

It’s time for Goldman Sachs bankers to wake up and smell the coffee — and pay for it, too. As employees filed into the Wall Street giant’s headquarters in lower Manhattan last Tuesday for a mandatory return to a five-day work week, they got an unwelcome surprise: The “free coffee” station had been wheeled away, …

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Solar installations will nearly triple over the next five years: SEIA

Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California, October 14, 2016.Mike Blake | ReutersThe U.S. solar market will nearly triple over the next five years, after President Joe Biden signed the largest climate bill in U.S. history into law, according to a …

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Jobs report expected to run hot and that could lead to aggressive Fed

People walk into a store along a busy shopping street in Manhattan on December 10, 2021 in New York City.Spencer Platt | Getty ImagesJob growth in August likely slowed from July’s frenzied pace, but it is still expected to have been quite strong, with broad-based hiring across many sectors.Monthly jobs data is always important, but …

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