The outperformance of Wells Fargo & Co.’s stock over other big bank stocks continued Tuesday, as its touched an all-time high for the second straight day and a BofA analyst hiked his price target for the San Francisco-based financial giant. ​Read More
The recent surge in stocks on the U.S. election has so far coincided with a drop in Wall Street’s fear gauge, as investors watch market volatility for signs as to whether the rally will hold up. ​Read More
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
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
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
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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