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SEC commissioner backs Trump’s plan to end crypto crackdown

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

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Oil giant Shell wins appeal against climate activists in landmark carbon-emissions case

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

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Trump trade powers Dow 44,000, S&P 6,000 as stocks keep humming

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

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Tesla headed for $2 trillion valuation after Musk’s ‘big bet’ on Trump win, analysts say

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.

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Bitcoin surges to a new record high, topping $84,000

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

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Gold ETFs are finally joining the party

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

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Trump’s win gives US stocks best week of the year

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

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23andMe cuts 40% of its workforce

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

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Rivian Stock Races Higher After The Bell: What’s Going On?

Rivian Automotive shares are moving higher in Tuesday’s after-hours session after the company announced the launch of its joint venture with Volkswagen Group. read more ​  ​Rivian Automotive shares are moving higher in Tuesday’s after-hours session after the company announced the launch of its joint venture with Volkswagen Group. read more 

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