President Trump has amended his lawsuit against CBS, demanding $20 billion and again claiming the network deceptively edited a “60 Minutes” interview with former Vice President Kamala Harris in an effort to prop up her election chances. In the new court filing late Friday, Trump demanded twice the amount in damages than he originally requested….
Inflation readings next week will have to show that the rosy macroeconomic outlook underpinning the bull case for stocks remains intact, in order to reassure a whipsawed market swinging between the latest earnings news and the latest tariff updates. Wall Street is in for a quieter economic calendar in the week ahead, but investors will…
When Donald J. Trump sued CBS for $10 billion days before the 2024 election, accusing the company of deceptively editing a “60 Minutes” interview with Vice President Kamala Harris, many legal experts dismissed the litigation as a far-fetched attempt to punish an out-of-favor news outlet. Now Mr. Trump is back in the White House, and…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 touched a fresh all-time high during Wednesday’s trading, and…
The top 10 things to watch Friday, Nov. 29 1. U.S. stock futures are up on the final trading day of November, as the 10-year Treasury pulled back to its lowest level since Oct. 30 and the 2-year hit its lowest level since Nov. 8. Wall Street is on pace for a winning week and month….
Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America. The Washington Post | The Washington Post | Getty Images President-elect Donald Trump will tap Brendan Carr, a critic of the Biden administration’s telecom policies and Big Tech, as chairman of the Federal Communications Commission, he said…
Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures inched lower Friday morning as investors wondered what’s next for the market after the postelection rally wavered. Futures tied to the Dow…
The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The Nasdaq on Tuesday posted a record-high close of 18,712. The index finished 2.5% below Tuesday’s…
A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company. The Omaha, Nebraska-based conglomerate purchased roughly 3.6 million…