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Investors should be prepared for a recession with the potential to send the stock market plummeting this year, Gary Shilling, a top forecaster, says. In an interview with Business Insider, the Wall Street vet — who was among the investors in the mid-2000s to call the subprime-mortgage bubble — said he saw a recession coming … Read more

The Dow Jones Industrial Average traded higher Wednesday, trying to extend its winning streak to six days, as investors shook off some weakness in tech. The Dow added 0.2% , or 75 points, while the S&P 500 gained less than 0.1%. The Nasdaq Composite pulled back less than 0.1%. Uber shares fell more than 7.5% … Read more

Steam rises from a vent at a work site near the New York Stock Exchange, center, on Wednesday, May 8, 2024, in New York. World shares are mostly higher after U.S. stocks held relatively steady on Wall Street. (AP Photo/Peter Morgan) NEW YORK (AP) — U.S. stocks are drifting Wednesday as Wall Street remains in … Read more