Articles

Finally, there’s a strategist who expects the stock market to fall next year – here’s why

Stubborn inflation and a slowing economy will cause the S&P 500 to decline next year, one strategist forecasts.

Elon Musk’s wealth just crossed $400 billion — now he can say he’s Rockefeller rich

Musk’s wealth pile represents a 1.5% chunk of U.S. gross domestic product, putting him on par with John D. Rockefeller.

‘The odds of winning are far better than a trip to Vegas’: I’m 76, still working and playing the stock market. Am I gambling?

“I’ve been doing it for a couple years, and I have even beat the S&P 500.”

Treasury yields continue to back up on ‘last mile’ fears around inflation

Bond yields continued to back up on Thursday as investors grappled with the idea the Federal Reserve may not be able to make many interest-rate cuts as it struggles to bring inflation back to target.

MicroStrategy shares could surge even higher if added to Nasdaq 100 on Friday, crypto analyst says

MicroStrategy’s inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a financials company

Sean Hannity buys $23.5 million megamansion in Florida with nearly 2 acres of waterfront land

The TV host snapped up the extravagant waterfront megamansion 10 months after announcing that he was relocating to Florida.

Boxing champ Floyd Mayweather Jr. sells a waterfront wonder in Miami Beach for $22 million

The retired boxer has delivered a knockout sale of his enormous Florida mansion, offloading the estate for an eye-watering $22 million.

Here’s what to make of Trump’s promise of expedited permits for big investments

Analysts have been assessing President-elect Donald Trump’s promise — which called out environmental permits in particular — and they’re concluding that while he’s sending a clear signal, the details are still murky.

Tommy Bahama maker Oxford depends on Florida for sales. It just cut its outlook following hurricanes Milton and Helene.

Shares of Oxford Industries sank after hours Wednesday after the maker of Tommy Bahama and Lilly Pulitzer clothing cut its full-year forecast — citing the impact of hurricanes Milton and Helene on the company’s most crucial market, the Southeast U.S.

Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.

History suggests bitcoin could hit $150,000 in 2025 — but watch for these bumps ahead

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.

Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
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