Investors poured $20 billion into U.S. equity funds on Wednesday after President-elect Trump was declared the winner of the presidential election, according to Bank of America. The bank’s strategists, led by Michael Hartnett, reported that it was the biggest daily stock inflow since June, and the $2.9 billion that flooded into financials was the highest

Bentley is delaying the timeline for its planned transition to an all-electric vehicle lineup. The luxury automaker unveiled the change to its “Beyond100” initiative on Thursday, announcing it will keep manufacturing plug-in hybrid electric vehicles (PHEVs) until 2035. That marks a five-year extension from the plan it originally detailed in 2020, when Bentley unveiled a

Republican SEC Commissioner Mark Uyeda wants to help President-elect Donald Trump fulfill his promise of ending the Biden Administration’s so-called war on crypto, FOX Business has learned. Uyeda, who has served on the commission since 2022 and would likely become acting chair when Trump takes the reins in January, tells FOX Business that one path

British oil giant Shell won a major court victory on Tuesday when a Dutch appeals court overturned a landmark 2021 case brought by green groups that found the company partially responsible for climate change and ordered it to aggressively slash carbon emissions. The appeals court in The Hague, where Shell was headquartered until it moved

Investors continued to plow money into U.S. stocks, setting new records following President-elect Donald Trump’s historic White House win.   The Dow Jones Industrial Average scored its 43rd record of the year, closing above 44,000 for the first time ever.  The S&P 500 closed above 6,000 also for the first time in its 51st record close

Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a major backer, sending the electric vehicle maker’s valuation above $1 trillion following a post-election rally last week.  Now, analysts see Tesla’s market capitalization doubling before Trump’s second term even hits the half-way mark.

Bitcoin’s record-setting run in the wake of President-elect Trump’s election victory continued on Monday as the cryptocurrency surged past $84,000 to a new all-time high. Bitcoin prices rose from under $80,500 to a new record of more than $84,500 and have risen over 17% since Nov. 6, when Trump sealed his return to the White House

As gold prices continued to defy the odds, hitting new all-time highs, exchange-traded funds linked to the precious metal were not part of the party – until now.   “Western-listed gold ETFs have finally started to stir, leading to the first quarter of global inflows since Q1 2022,” according to the World Gold Council’s “Gold

The red wave that catapulted President-elect Trump to a second term created a green money wave for U.S. investors.   The Dow Jones Industrial Average and the S&P 500 notched fresh record highs Friday and closed out the best week of the year, rising 4.7% and 4.6%, respectively. The Nasdaq Composite hit its 31st record close

Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%, or more than 200 employees. The job cuts come as 23andMe seeks to undergo a restructuring that the company said will “streamline operations and reduce costs.” “We are taking these difficult but necessary actions as we restructure 23andMe and focus