A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took a bit of a breather on Thursday, perhaps expected after a rally that has led the Nasdaq to 20,000 for the first time this week and the S&P 500 to another new record […]

Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. If you have a family, you likely have multiple savings goals — saving for your kid’s college

This year has been an incredible one for many companies, especially technology players operating in the area of artificial intelligence (AI). They’ve led gains in all three indexes, from the S&P 500 and the Nasdaq to the Dow Jones Industrial Average. In fact, new Dow member Nvidia is heading for the top performance in that

Key Takeaways November wholesale inflation data showed an unexpected increase. Producer Price Index (PPI) increased by 0.4% compared to the prior month. The spike in prices of final goods was attributable to a more-than 54% jump in the price of eggs as disruptions from bird flu pushed food prices higher. Overall, economists didn’t see enough

(Bloomberg) — Certain Spirit Airlines Inc. bondholders obtained special protection in a $840 million financing deal poised to propel the airline out of bankruptcy, guarding them from financial restructurings that have roiled debt investors in recent years by favoring some creditors over others. Most Read from Bloomberg Spirit’s exit notes include restrictions for so-called liability

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known

(Bloomberg) — US President Joe Biden is said to be planning to end Nippon Steel Corp.’s $14.1 billion bid to buy United States Steel Corp. on national security grounds. A Treasury Department letter from August provides the justification. Most Read from Bloomberg The case against the takeover is spelled out in a letter to the

(Reuters) – Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to falling interest rates in 2024 to start melting next year as easier monetary policy tempts clients out of the ultra-conservative asset class. So far, such hopes have been in vain. Cash in money

President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lemarque | Reuters President Xi Jinping sent a strong signal this week that Beijing was ready to work with U.S. President-elect Donald Trump to resolve trade disputes