Remember SPACs? They are showing signs of life again. So far this year, 89 SPACs have launched IPOs, according to data from SPACInsider. That’s the busiest year since 2021, when a record-setting 613 SPACs came to market during the height of the investment craze. SPACs are special purpose acquisition companies , which raise capital in…
A state visit always sends a buzz through the newsroom — and U.S. President Donald Trump’s trip to the U.K. next week looks set to deliver royal, political and business headlines, despite being his second such visit. U.S. President Donald Trump inspected an honour guard during a welcome ceremony at Buckingham Palace in central London…
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters as Senate Democratic leaders hold a press conference following their weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Sept. 9, 2025. Elizabeth Frantz | Reuters Congressional Democrats are zeroing in on health care as a key sticking point in negotiations with the threat…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump said Saturday he is “ready to do major Sanctions on Russia” once all NATO countries have started “to do the same thing” and pause…
The stock market’s run to fresh all-time highs this week has left some individual names in overbought territory, putting them at risk of a pullback. The S & P 500 reached a record of 6,600.21 after an uptick in unemployment claims and a surprise decline in wholesale prices solidified expectations for at least a quarter…
“Triumph of the Optimists” is a landmark history of investment returns during the 20th century. The story of past several weeks in markets could be called, “Redemption of the Cautious Optimists.” From the start of August, after a startling weak jobs report, the markets locked into investors’ preferred scenario: The Federal Reserve would soon lower…
Check out the companies making the biggest moves in premarket trading: Super Micro Computer — The artificial-intelligence tech firm surged 6% following an announcement that it began volume shipments of its Nvidia Blackwell Ultra solutions to customers worldwide. Warner Bros. Discovery — The HBO Max owner climbed nearly 8% following Thursday’s 29% gain. CNBC reported…
What Federal Reserve Chair Jerome Powell says about the path of monetary easing next week will be critical to a stock market that’s been insistent on interest rate cuts. The Fed meeting next week is a critical one. Investors are certain the central bank will have to cut rates for the first time since December…
Investors aren’t letting a little bad news bother them. Despite some unsettling developments, Wall Street roared to new records this week. Even with tariff-inducted inflation rising and growing signs of stress in the labor market, the focus now is on healthy corporate profits and aid on the way from Washington. Among the worst of it:…
Check out the companies making the biggest moves in midday trading: Six Flags Entertainment — The theme park operator jumped 7% after the company reported increased attendance and strong interest in its 2026 season-pass program. Tesla — Shares of the electric vehicle company rose 6%, extending recent gains. Tesla is up nearly 12% over the…