How reliable is U.S. economic data? It’s a growing risk for investors awaiting the next Fed rate cut.

Scott Chronert and the team at Citigroup are the latest to turn more bullish. At one point they had an end-of-2025 S&P 500 target of 6,500. That was cut to 5,800 on concerns trade tensions would ...

In a paper titled “The Illusion of Thinking: Understanding the Strength and Limitations of Reasoning Models via the Lens of ...