by Elvis Guaman | Jan 29, 2025 | Domestic, Economics
The Federal Reserve is widely expected to hold interest rates steady at its upcoming FOMC meeting, following a series of three consecutive rate cuts at the end of 2024. Central bank officials are signaling that the current policy stance is appropriate for now, as they...
by Justin Wong | Jan 23, 2025 | Economics, Oil & Gas, Politics
In a move that highlights Saudi Arabia’s ongoing efforts to strengthen its economic ties with the United States, Crown Prince Mohammed bin Salman (MBS) announced a significant pledge to President Donald Trump. According to the Saudi state-run news agency SPA, MBS...
by Natalie Matejkova | Jan 13, 2025 | Domestic, Politics, Stock Market
Trump Media and Technology Group (NASDAQ: DJT) saw a notable 10% increase in its stock price during Monday’s mid-day trading, reflecting growing investor optimism as President-elect Donald Trump’s inauguration nears. The stock’s rise follows a key Securities and...
by Justin Wong | Dec 17, 2024 | Domestic, Healthcare, Investing News, Market News, Medical Use, Pharmaceutical, Stock Market
In the wake of President-elect Donald Trump’s bold statements on the pharmaceutical industry, healthcare and pharma stocks have taken a significant hit. Trump’s promise to tackle drug-industry middlemen, particularly Pharmacy Benefit Managers (PBMs), has sent...
by Leland Li | Dec 16, 2024 | Investing News, Market News, Stock Market
In a year marked by strong stock market performance and growing optimism, the Nasdaq has outpaced the New York Stock Exchange (NYSE) for the sixth consecutive year in terms of initial public offerings (IPOs). Data from Dealogic and Nasdaq reveals that Nasdaq hosted...
