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OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s “drill, baby, drill” agenda makes matters even worse.

Growing sentiment on Stocktwits that ‘a new squeeze is building’

Data indicates long-term bitcoin holders are cashing out a portion of their holdings.

It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.

President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Tuesday night threat to impose 25% tariffs on Mexico and Canada and a surcharge tariff of 10% on China.

President Joe Biden’s proposal to have GLP-1 weight-loss drugs such as Ozempic and Mounjaro covered by Medicare and Medicaid would help tackle the public-health crisis of obesity, but it would raise the costs for the government programs by billions of dollars per year.

“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of borrowing costs, new documents show.

ETFs that invest in stocks in Canada, Mexico and China were falling Tuesday, after President-elect Donald Trump warned about new tariffs

Investors should brace for more volatility until the Fed provides more clarity on what the “neutral” policy rate might look like: DSW

“Tariff Man” is back, sending shock waves through the foreign-exchange market but leaving major U.S. stock indexes largely unmoved — at least for now.

It might be months before Trump’s tariffs are implemented — but some shoppers are already preparing for potential cost increases and shopping for deals with this in mind.

With stock prices of Goldman Sachs Group Inc. and Morgan Stanley both outperforming the S&P 500 handily on optimism in the banking sector, HSBC analyst Saul Martinez downgraded shares of both financial firms to neutral from buy.