US stocks rise as markets prepare for Fed's next policy decision

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Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange

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Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report

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Bill Ackman
Bill Ackman jabbed at his old rival Carl Icahn Tuesday after Hindenburg released a bombshell report attacking the billionaire investor's business empire.

Mike Blake/ Reuters

The Fed's war on inflation might still not be over despite its year of rapid tightening, Bridgewater co-CIO says

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fed
The Federal Reserve is widely expected to raise interest rates for a 10th consecutive time on Wednesday.

AP Photo/Susan Walsh

First Republic's rescue by JPMorgan means the worst of the banking uncertainty is over, Citi CEO says

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Citi's Jane Fraser
JPMorgan's rescue of First Republic means the worst of the banking crisis is over, according to Citigroup CEO Jane Fraser.

Patrick T. Fallon/AFP via Getty Images

Robinhood mistakenly told its users that AMC had filed for bankruptcy

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AMC AP
Robinhood falsely told its users that AMC had filed for bankruptcy.

AP

Most investors think Warren Buffett's Berkshire Hathaway will outperform the S&P 500 in the next 5 years, survey says

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Warren Buffett
Warren Buffett.

CNBC/YouTube

Stocks could soon retest all-time highs as markets react to possible 'thesis changing' final rate hike from the Fed, Fundstrat says

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happy trader nyse

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Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports

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Welcome back, readers. I'm Phil Rosen. I hope you enjoyed this weekend's NBA playoffs and new episode(!) of Succession as much as I did. 

We have a lot of ground to cover today — starting with First Republic. The FDIC announced early this morning that the firm will be taken over by JPMorgan after being seized by regulators.

The US will suffer a recession – and don't expect the Fed to rescue stocks when that happens, top Macquarie economist says

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Market crash 2008
Investors shouldn't expect the Federal Reserve to bail out stocks when the US economy suffers a recession, according to Macquarie's head of economics David Doyle.

Lucas Jackson/Reuters

Here are the 6 factors that suggest the stock market bottomed last October and will continue to rally from here

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A smiling trader works on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.

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