Investors

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Trump Nominates Paul Atkins to Lead SEC

President-elect Donald Trump announced Wednesday the nomination of Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner, to head the agency

Markets Rally Following Trump Election Victory, Posting Best Month of 2024

The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.

LA’s Mansion Tax Backfires, Slashes Property Sales by 70% and Threatens City Revenue

The City of Los Angeles’s "mansion tax" has led to a dramatic 70% drop in sales of properties over $5.15 million, significantly impacting property...

Republican States Sue BlackRock, Vanguard, State Street Over Manipulating Energy Market

Eleven Republican states are suing financial entities BlackRock, Vanguard, and State Street for "illegally conspiring to manipulate energy markets," Texas Attorney General Ken Paxton announced.

Pilgrims tried Communism – American Minute with Bill Federer

High winds and treacherous tides along North America's coast blew the Pilgrims 500 miles off course, preventing them from joining Virginia's settlement at Jamestown, founded 14 years earlier. Having...

Scott Bessent Nominated for Treasury Secretary

President-elect Donald Trump has nominated Scott Bessent for U.S. Treasury Secretary.

SEC Chair Gary Gensler to Step Down January 2025

Securities and Exchange Commission (SEC) Chair Gary Gensler announced Thursday that he will step down on January 20, 2025, the day President-elect Donald Trump...

Conservative Asset Managers Demand End of DEI

Nearly 60 conservative asset managers, state treasurers, and nonprofit organizations issued an open letter to more than 1,000 U.S. CEOs, demanding that they disclose their diversity, equity, and inclusion (DEI) policies.

BlackRock Purchases Blood Processing Facility, Pharmaceutical Lab

Investment management firm BlackRock has purchased an Australian blood processing facility and a pharmaceutical lab alongside fund manager Wentworth Capital.

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