A familiar face is dominating the exchange-traded fund leaderboard, with more than half of the top 10 ranked by annual gains coming from one firm: Direxion.   “All the Direxion ETFs referenced are magnified bull products and the corresponding underlying indices or individual single stocks that they track are all up…

JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security. The effort — dubbed the “Security and Resiliency Initiative” — will direct $1.5 trillion toward projects spanning energy, manufacturing and defense. As part of the plan, the financial giant…

President Donald Trump moved to calm fears of an escalating trade war with Beijing on Sunday after he threatened to impose 100% tariffs on China’s imports in response to the nation’s export curbs on rare earth minerals. Trump’s new tariffs on China would amount to a big increase over the…

U.S. consumer sentiment held steady in October, though Americans’ concerns about the labor market and inflation persisted as the government shutdown began. The University of Michigan’s preliminary consumer sentiment survey for October was little changed from last month, coming in at 55 as economists polled by LSEG estimated a more significant…