Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in ...
There’s more room for risk assets to rally — focus on policy, not politics, HSBC says
Investors’ hopes that president-elect Donald Trump’s nomination of Scott Bessent as U.S. Treasury secretary perhaps signaled ...
Stock Market Today: Dow scores record close as Trump Treasury pick calms bond traders
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...
Israel’s security cabinet looks set to accept U.S.-brokered terms for cease-fire with Hezbollah
The European Union’s top diplomat, Josep Borrell, said Tuesday that Israel’s security concerns had been addressed in the deal ...
Small caps lose some steam, but the rally could continue in coming months
Small-cap stocks have rallied over the past month, as they try to catch up to the impressive performance of large cap stocks ...
Platinum market is poised for a third straight yearly deficit: report
Global platinum supply is forecast to fall short of demand for a third consecutive year in 2025, with automotive demand ...
Americans may think twice when Musk and Ramaswamy try to break the things they value
Now THIS is a math problem. U.S. President-elect Donald Trump’s new “efficiency czars” Elon Musk and Vivek Ramaswamy think ...
Autonomous-driving company Pony AI on deck for stock-market debut
Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as ...
Consumer confidence jumps to 16-month high as Americans see the economy improving
Consumer confidence climbed to a 16-month high and Americans grew more optimistic about 2025, buoyed by rising stock prices, ...
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect ...
Analysts See 500,000-Barrel Decline in U.S. Crude Oil Stockpiles
Commercial crude stocks are seen down by 500,000 barrels at 429.8 million barrels for the week ended Nov. 22, according to the average estimate of eight analysts and traders. Five expect a decrease ...