Members of Congress again outperformed the stock market, report shows
"When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness."
NIO Stock May Have Reached a Turning Point, but Risks Remain
NIO (NIO) stock has lost almost half of its value over the past 12 months and remains quite volatile. The business remains loss-making, and its path to profitability isn’t clear, given the company’s fairly unstable trajectory and investment in new business units. Personally, I’m bearish on NIO stock. The sector is increasingly competitive and the smart money already appears to have moved to automation. I’m also uncertain about the future of battery-swapping technology. Let’s Start with NIO’s Pos
Stock market today: Indexes slip as yields edge up and traders worry over Trump tariff plans
Trump is considering invoking his emergency powers as president in order to carry out his plan to levy steep tariffs, CNN reported Wednesday morning.
Oil Companies Skip Auction for Arctic Refuge Drilling Rights
(Bloomberg) -- Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop. Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brak
Bitcoin ETF Soared in 2024 as Growth Themes Dominated
Crypto- and technology-focused funds led performance as U.S. ETF assets reached record levels, with active management gaining ground, according to CFRA data.
Smaller countries must ‘double down’ on being open and neutral to survive a multipolar future, says Malaysia’s economic minister
“Defending global trade is very important to us as a country," Rafizi told Fortune the day after Malaysia and Singapore unveiled the Johor-Singapore SEZ.
US activists' demands push up stock prices but maybe not for long, Lazard report says
Demands by U.S. activist investors can send a target company's stock surging, and new data from investment bank Lazard show that these corporate nudges generate considerable market index-beating gains in the days after demands are announced. But the gains are not always long-lasting, according to a report by Lazard. "Activism drives median share price outperformance of 200 basis points in the five days following campaign launches," Lazard wrote in its annual review of shareholder activism, which was released to clients on Wednesday.
Stock market today: Dow, S&P 500 edge higher with Trump tariffs, jobs report in focus
Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs.
Stocks have a mixed day on news Trump might declare an 'economic emergency'
The stock market had mixed results on Wednesday.
Edison International stock plummets as wildfires leave 70,000 Southern Californians without power
Edison International stock fell nearly 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.