The S&P 500 has rallied on the back of the AI ​​boom, but parts of the index could signal a recession. Here’s what 7 experts said.

New York Stock Exchange.Photo by Wang Ying/Xinhua via Getty Images (Xinhua/Wang Ying via Getty Images The S&P 500 has come under intense scrutiny, given that its gains were not widespread and were fueled by a handful of tech stocks. Many experts pointed to the high concentration risk, while others warned of an imminent market sell-off. … Read more

Relief rally ahead of US debt ceiling deal

By Jamie McGeever (Reuters) – A preview of the day ahead in Asian markets from Jamie McGeever. Optimism and relief are expected to be the dominant emotions among investors on Monday, giving Asian markets a boost as lawmakers in Washington reach an agreement in principle on the US debt ceiling, eliminating the risk of a … Read more

State Farm will no longer insure new homes in California due to wildfire risk

State Farm will no longer provide homeowners insurance to new California customers due to wildfire risks and increased construction costs, the company announced Friday. On Saturday, the insurance company stopped accepting new claims for business and personal lines and property and casualty insurance in California, the company said in a news release. State Farm said … Read more