Market

California Wildfires Expose Insurance Gaps Amid Rising Costs

California’s ongoing wildfire crisis has left residents grappling with destruction and an increasingly fragile insurance market.

Democrat Stock Portfolios Beat Market

Congressional Democrats outpaced the S&P 500, according to data collected by Unusual Whales. The portfolios were seven points higher than the S&P 500, or 24%.

FDA’s Proposed Nicotine Rule Sparks Concerns Over Black Market Surge

The FDA is advancing a controversial regulation to lower nicotine levels in cigarettes, drawing criticism for potential unintended consequences, including fueling black market activity.

Newsom Claims California Will Have Budget Surplus

California Governor Gavin Newsom (D) claimed the state will have a budget surplus next year.

Business Confidence Hits 18-Month High as Optimism Surges

The election of Donald Trump to a second presidential term is fueling a wave of economic optimism, with business confidence reaching its highest level in 18 months. S&P Global’s latest data reveals accelerated growth across the services sector, underscoring the positive impact of Trump’s anticipated pro-business policies.

Police Search For Suspects in Series of Robberies Across Democrat-Run Chicago

Chicago police are searching for multiple suspects involved in a series of armed robberies that occurred within a two-hour span early Friday morning.

Alcohol Stocks Drop After Surgeon General Calls for Cancer Warning Labels

Stock prices for major alcohol manufacturers and distributors fell Friday morning following a new advisory report from Surgeon General Vivek Murthy. The report called for Congress to mandate cancer risk warning labels on all alcohol products, citing its role as the third leading preventable cause of cancer in the United States.

Investment Bank Leaves Net-Zero Climate Alliance

Investment bank Morgan Stanley announced that it left the Net-Zero Banking Alliance (NZBA).

Egg Production Drops Amid Bird Flu Fears

Egg production dropped 4% in November amid bird flu fears, Fox Business reported, noting that the price of eggs has also increased.

Taiwan at the Crossroads: Why Trump Must Lead the Fight Against China

President-elect Donald Trump faces a critical geopolitical challenge: defending Taiwan's independence against China's growing aggression.

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