President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday after vowing an economic boom to a cheering crowd of traders and business leaders. “We’re with you all the way,” the incoming Republican president said in the NYSE building in lower Manhattan, where he was invited after becoming TIME’s “Person […]

Key Takeaways Adobe shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a weaker-than-expected revenue outlook. The stock has traded higher within a rising wedge, mimicking a similar pattern that formed on the chart between July and September. Investors should watch crucial support levels on Adobe’s chart around $500, $475,

President-elect Donald Trump rang the opening bell on Thursday morning as tech stocks edged lower after fresh inflation data cast doubt on investor confidence for the path of interest rates ahead. The Dow Jones Industrial Average (^DJI) hugged the flatline, while the S&P 500 (^GSPC) slipped roughly 0.2%. The tech-heavy Nasdaq Composite (^IXIC) fell 0.5%

Summary The Argus Research 2025 Outlook On December 4, 2024, the Argus team presented the ‘Argus Research 2025 Outlook’ in webinar form. Below we include synopses of the commentary from Argus President John Eade, Director of Economic Research Chris Graja, CFA, Fixed Income Strategist Kevin Heal, and Director of Research Jim Kelleher, CFA. 2024 Review

A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported Thursday. The producer price index, which measures what producers get for their products at the final-demand stage, increased 0.4% for the month, higher than the

Ark Invest CEO Cathie Wood and Berkshire Hathaway CEO Warren Buffett are two investors that are prominently featured in the financial media. However, the underlying reasons for the intense scrutiny over Wood and Buffett couldn’t be more different. Wood is an investor in growth stocks, often touting the potential of emerging technologies or even speculative

Key Takeaways The Consumer Financial Protection Bureau issued a rule capping overdraft fees at $5 in most cases. The fee cap goes into effect in October and would save households that pay overdraft fees an average of $225 a year, according to the bureau. The rule is part of a Biden administration effort to curtail

Eli Lilly (LLY -0.44%) may seem like an expensive stock to invest in right now. It’s trading at close to 90 times its trailing earnings. Its $720 billion market capitalization also means it’s the most valuable healthcare stock in the world. Although it may seem like it has hit a peak given the stock’s slowdown

The First National Bank of Omaha, or FNBO, has a sizable portfolio of co-branded credit cards with partners, but it issues only a few cards that directly bear its name, including the travel-focused FNBO Getaway card. The card has some noteworthy perks — but all of them, and more, can be found in other products.

By Allison Lampert and Dan Catchpole SEATTLE (Reuters) – Since a crippling strike at many of Boeing’s U.S. plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow. Safety inspectors inside the 737 MAX factory outside Seattle laboriously scoured half-constructed planes for flaws