Investing

In light of recent political changes and uncertainty surrounding the upcoming administration taking office in January 2025, the economic landscape and market performance become significant points of concern for traders. While it would be ideal to have a comprehensive guide outlining the potential outcomes of various policy decisions, the reality is far more complex and

Bill Ackman, a billionaire investor, has recently faced setbacks in the listing of Pershing Square’s U.S. closed-end fund. The IPO of Pershing Square USA Ltd., under the ticker PSUS, has been postponed without a specified date for rescheduling. This delay comes amid Ackman’s efforts to raise only $2.5 billion to $4 billion for the fund,

In the midst of an increasing demand for carbon-free energy, NextEra Energy is contemplating the idea of restarting the Duane Arnold Energy Center in Iowa. This nuclear plant ceased operations in 2020 after providing 45 years of service. NextEra CEO John Ketchum has emphasized the importance of a thorough risk assessment before making any decisions

Cryptocurrency enthusiasts eagerly anticipate the debut of spot ether exchange-traded funds (ETFs) on Tuesday. These ETFs are expected to increase interest in Ethereum, a blockchain technology that many believe has a broader range of applications compared to bitcoin. Unlike existing ether ETFs that track futures contracts, these new offerings will follow spot ether prices directly.

In a significant move for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved the listing of exchange-traded funds (ETFs) that hold ether, the world’s second-largest cryptocurrency. This decision opens the door for investors to gain exposure to Ethereum through the traditional ETF format, potentially paving the way for increased mainstream adoption

Berkshire Hathaway recently made headlines by trimming its massive holding in Bank of America for the first time in over four years. This move came after Bank of America had a strong run in 2024. The conglomerate sold 33.9 million shares of the bank in separate sales, totaling almost $1.5 billion. This decision to reduce

The recent increase in membership fees announced by Costco Wholesale (COST) has caught the attention of Wall Street analysts. Despite a rough patch in the stock market due to various macro pressures, Costco’s decision to raise the annual fees for its “Gold Star” and “Executive Membership” plans has been seen as a favorable catalyst for

With the long-awaited release of Electronic Arts’ college football game, fans are ecstatic to dive back into the world of virtual football. For many, the revamped game represents a significant departure from the previous versions, requiring them to relearn the mechanics and strategies. This shift is akin to going from a flip phone to an

In a surprising turn of events, billionaire investor Ken Griffin made headlines by purchasing a late Jurassic stegosaurus skeleton for a staggering $44.6 million at Sotheby’s auction. This marked a historic moment as it became the most valuable fossil ever sold at auction. Griffin, the founder and CEO of hedge fund Citadel, surpassed all expectations

The International Monetary Fund (IMF) issued a cautionary warning, stating that the risks of inflation have risen, casting doubt on the potential for multiple interest rate cuts by the Federal Reserve this year. According to the IMF’s World Economic Outlook update, there has been a slowdown in global disinflation momentum, suggesting that there may be