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Stocks climbed in their best week since the election with investors encouraged by comments from Trump and China, easing inflation and upbeat earnings.
Published on: January 17, 2025, 10:00 PM UTC
The U.S. will hit its statutory borrowing limit on Tuesday and will begin employing "extraordinary measures" to keep from breaching the cap.
Published on: January 17, 2025, 10:00 PM UTC
The Los Angeles Department of Water and Power's liability for the Palisades Fire depends on if their assets sparked the blaze, according to a Moody's report.
Published on: January 17, 2025, 10:00 PM UTC
US stocks rise on Trump policies, analysts see potential for more gains, but caution remains due to high valuations and market concentration.
Published on: January 17, 2025, 08:02 PM UTC
GM faces a potential recall of 877,710 SUVs and trucks for engine failure, according to an NHTSA investigation. The issue affects vehicles equipped with the L87 engine, a 6.2L V8 used in models like the Chevrolet Silverado and Suburban.
Published on: January 17, 2025, 08:02 PM UTC
Donald Trump's reelection bid could be impacted by rising interest rates, which are seen as a threat to the stock market. The Fed is independent and has indicated it won't cut rates to help Trump, leaving markets to speculate on future rate hikes.
Published on: January 17, 2025, 08:01 PM UTC
Potential Trump tariffs loom over retailers; Prepare for higher prices
Published on: January 17, 2025, 08:01 PM UTC
Tesla stock jumped over 6% amid speculation that CEO Elon Musk could buy TikTok, which needs to find an American buyer to avoid a nationwide ban.
Published on: January 17, 2025, 08:01 PM UTC
The US government's debt is projected to exceed record levels set after World War II within four years, despite lowering deficit projections for the next decade. The CBO's estimates exclude revenue losses from President-elect Trump's tax plans.
Published on: January 17, 2025, 08:01 PM UTC
Medicare will negotiate prices for 15 drugs, including Novo Nordisk's Wegovy, potentially expanding access to GLP-1 drugs for seniors but not addressing affordability issues for all patients.
Published on: January 17, 2025, 08:00 PM UTC