As December begins, U.S. stocks are riding high, nearing record levels and capping off what has been a remarkable year for investors. Last week, during the holiday-shortened trading period, the Dow Jones Industrial Average (^DJI) surged over 2%, while the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) gained more than 1%. Both the Dow […]
The upcoming jobs data is poised to deliver a significant reality check for stock market investors who have been closely monitoring Donald Trump’s political maneuvers. As the market has surged to record highs in anticipation of favorable economic policies under a potential Trump administration, the focus now shifts to the crucial November jobs report set […]
The stock market reached new record highs today as optimism surged among investors following signals from Federal Reserve officials hinting at a potential interest rate cut in December. This news injected fresh energy into the financial markets, fueling gains across major indices and boosting confidence in an economy navigating a complex global landscape. The Fed’s […]
Stellantis, in partnership with Samsung SDI, has secured a commitment from the U.S. government for a loan of up to $7.54 billion to support the construction of two electric vehicle battery plants in Kokomo, Indiana. The joint venture, StarPlus Energy LLC, expects to create at least 2,800 jobs at the plants, along with additional opportunities […]
In a significant development for the cybersecurity sector, U.S.-Israeli cloud security firm Upwind has successfully raised $100 million in funding. The funding round underscores the growing importance of cloud security as businesses increasingly migrate to digital platforms, and cyber threats evolve in complexity and scale. A Strategic Step Forward The $100 million funding round is […]
U.S. stocks paused their seven-day rally, which had propelled the S&P 500 to record highs. Despite a solid economic showing, market sentiment was cautious ahead of a key inflation report. Treasury yields dropped across the board, and the dollar saw a decline. In the latest economic update, the U.S. economy grew at a steady 2.8% […]
The Los Angeles Dodgers have reportedly reached a five-year, $182 million deal with two-time Cy Young Award winner Blake Snell, according to sources like The Athletic and the Associated Press. The contract includes a $52 million signing bonus and an estimated $60 million in deferred salary. This agreement comes after the Dodgers secured the World […]
Walmart, the largest private employer in the United States, is scaling back its diversity, equity, and inclusion (DEI) initiatives in response to right-wing pressure, marking a significant shift that may influence corporate America. The company announced on Monday that it is ending its racial equity training programs for employees and reevaluating efforts to promote supplier […]
In 2018, Bobby Djavaheri feared that his family’s appliance business was on the brink of collapse due to the Trump administration’s tariffs on Chinese-made air fryers. As president of Yedi Houseware Appliances, Djavaheri consulted a customs attorney and applied for a tariff exclusion with the United States Trade Representative (USTR) to avoid the steep 25% […]
Warren Buffett, the legendary chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has consistently delivered impressive returns, averaging nearly 20% annually since 1965—doubling the S&P 500’s performance. These results stem from Buffett’s shrewd business strategies, combined with Berkshire’s capacity to strategically invest funds from its insurance operations. Here are three top Warren Buffett-backed stocks to […]
