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Anxiety has given way to hope on Wall Street.Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.Optimism about AI has proved durable. But other important factors are also powering gains. Here’s a look at some of the reasons investors expect that the rally could go further from here:Stocks currently look very expensive by some measures, […]

Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth.Bessent appeared Sunday on CBS News' "Face the Nation" and was asked by host Margaret Brennan about whether President Donald Trump was wrong to predict this spring that Americans may buy "two dolls instead of the 30 dolls" and that "maybe the two dolls will cost a couple of bucks […]