Key Takeaways The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes. Tesla stock surged after reports of strong demand in China for its updated Model Y and upbeat analyst commentary on its AI and robotaxi initiatives. Strong earnings results […]

Shares of Realty Income (NYSE: O) declined by 7% in 2024, according to data provided by S&P Global Market Intelligence. That greatly underperformed the S&P 500 (SNPINDEX: ^GSPC), which rallied 23.3% last year. The real estate investment trust (REIT) was still in the red after adding in its high-yielding dividend (negative 2.1% total return compared to

John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. David Becker | Getty Images The Federal Trade Commission has sued agricultural equipment giant Deere & Company, arguing it holds a monopoly on repair services that raises costs and creates delays for

(Bloomberg) — Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker. Most Read from Bloomberg Competitors and customers are stepping up efforts

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a “core” basis, which eliminates the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over

Key Takeaways After expiring at the end of last year, Nuvision Credit Union’s nation-leading 5.50% certificate returned to the market earlier this month. The 8-month CD allows deposits up to $5,000. If you want to make a bigger deposit or lock in for a different term, you can choose from 13 other CDs that pay

Wildfires have burned at least 12,000 homes, buildings and other structures in Los Angeles, according to the California Department of Forestry and Fire Protection’s latest estimates. If the L.A. wildfires have displaced or otherwise impacted you, you may qualify for natural disaster financial relief — including relief from student loan bills. Borrowers with federal student

Jakub Porzycki | Nurphoto | Getty Images Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.  TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law

US stocks ripped higher on Wednesday as high hopes for bank earnings paid off and a crucial consumer inflation update showed key prices increased less than expected in December. The benchmark S&P 500 (^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%, or over 700 points. Meanwhile, the

The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped roughly 2% after new economic data showed easing inflation, a relief to investors that also led to a decline in Treasury yields. The Dow Jones Industrial Average (DJINDICES: ^DJI) jumped over 600 points. Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology