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House governance will be ‘very difficult’ for Republicans due to slim majority: analyst

Republicans appear on track to maintain their control of the U.S. House of Representatives in the new year, though yet again a narrow majority looks likely to cause headaches for GOP leaders. ​Read More

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Instacart’s weak outlook for the end of the year drags the stock lower

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand. ​Read More

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Elon Musk renews calls to defund NPR after clip of CEO resurfaces on X: ‘Your tax dollars’ are paying for this

Elon Musk renewed calls on Tuesday to defund NPR after a controversial video of its CEO questioning the importance of truth resurfaced online. Footage of NPR CEO Katherine Maher from an August 2021 Ted Talk reappeared on X Tuesday, sparking new debate over the taxpayer funded broadcaster’s alleged bias, which has come under scrutiny in

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10-year Treasury yield breaks through key resistance levels on way to 5%

The yield on the benchmark 10-year Treasury note was within spitting distance of breaking through another key resistance level on Tuesday, which could put a 5% mark within reach and would likely spell trouble for stock investors. ​Read More

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MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher

MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power. ​Read More

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Analyst Report: Chubb Limited

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Cars were once a financial engine of America’s middle class. Now they’re a ‘wealth killer.’

Rising vehicle expenses have turned cars into a financial trap for many Americans. ​Read More

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Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded. ​Read More

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