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Markets News | LATEST STORIES
Stocks Sell Off at End of Week on Profit-Taking Ahead of Nvidia Earnings Report
‘December is still in play for a cut, but 2025 is less and less of a sure thing,’ one analyst said about Fed interest rate changes.
Biden Administration Awards TSMC Arizona $11 Billion to Spur Domestic Chipmaking
The administration has been finalizing awards under the CHIPS and Science Act.
Trump’s Choice to Nominate RFK Jr. Weighs on Vaccine Maker Stocks
Shares of Pfizer, Moderna, Bavarian Nordic, and AstraZeneca were all down on Friday.
18 States File Lawsuit Against SEC Over Alleged Unlawful Crypto Regulation
The states sought injunctive relief to prevent the SEC from bringing future enforcement actions against digital asset platforms.
Global Oil Markets Could See Glut in 2025 on Slowing Demand Growth: IEA
The International Energy Agency (IEA) said China’s economic slowdown could impact worldwide consumption levels.
Dollar Hits Highest Level in Over 4 Months After Trump’s Election Victory
The incoming administration’s plans for looser fiscal and tighter immigration policy make a strong case for a dollar rally, ING bank said.
FTX Files Lawsuit Against Binance Seeking Nearly $1.8 Billion
A Binance spokesperson said the lawsuit’s claims that the company’s founder allegedly ‘set out to destroy’ FTX are ’meritless.’
Trump’s Win Fuels Bitcoin Rally to Fresh Record High
Ethereum and other cryptocurrencies and assets join the Trump trade.
Government Ownership of NatWest Falls to 11.4 Percent After Bank Buys Back £1 Billion in Shares
During the 2008-2009 financial crisis, taxpayers footed the bill to prop up the NatWest Group, with the government acquiring 84 percent of shares.
Gold Sees Biggest Weekly Dip in More Than 5 Months
The drop came as Trump, who promised strong pro-business policies, won the 2024 election.
Costco Sales Rise Ahead of the Holiday Season
A high turnover and volume of purchases have allowed Costco to achieve superior investor returns.
Trump Victory Sends US Stocks to Best Weekly Rally in a Year
Trump’s election victory sparked a stock rally, with major indexes posting their best weekly gains in a year amid policy speculation.
Lawmakers Turn Attention to Chips Companies as Industry Braces for China Restrictions
The lawmakers’ concerns echo recent fears voiced by colleagues on both sides of the political aisle.
