People who want to buy an electric vehicle could get a bigger-than-expected tax credit come Jan. 1 because of a delay by the Treasury Department in drawing up rules for the tax...
Read moreDow Jones futures rose modestly after hours, along with S&P 500 futures and Nasdaq futures, with FedEx (FDX) and Nike (NKE) earnings leading the charge. X The stock market rally bounced modestly...
Read moreEven at 67 years old, Bill Gates is still finding new reasons to give away most of this wealth. The Microsoft cofounder is one of the world’s most prolific philanthropists, and has...
Read more(Bloomberg) -- Madrigal Pharmaceuticals Inc. shares surged 268%, adding about $2.9 billion to its market value, after a late-stage clinical trial of its drug candidate met the main goals in patients with...
Read moreThe current FTX crisis notwithstanding, digital asset markets, crypto, Web3, DeFi, central bank digital currencies (CBDCs), and stablecoins are shaking up decades-old financial protocols. Unlike most of the other parts of the...
Read moreDow Jones futures were little changed Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally suffered heavy damage this week in the wake of a hawkish...
Read moreThe holidays are not always the most wonderful time of year. For some people, holiday dinner is served with a side of anxiety, anger, or even resentment. Whether your parents launch into...
Read more(Bloomberg) -- The world’s biggest money managers are set to unload up to $100 billion of stocks in the final few weeks of the year, adding to a selloff that’s snowballed since...
Read moreA U.S. university is investigating a Nobel laureate over sexual harassment allegations that the economist’s attorney dismisses as “professional rivalry.” Philip Dybvig, who shared this year’s Nobel Prize in economics for research into bank...
Read more(Bloomberg) -- The Biden administration is making good on a plan to replenish the nation’s emergency oil reserves, starting with a 3 million barrel purchase of crude.Most Read from BloombergThe purchase of...
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