The recent shakiness in the stock market has taken a bite out of some of the areas expected to benefit the most under the policies from President Donald Trump. In some cases, postelection gains have evaporated. As of Monday’s close, the S & P 500 is still up about 3.5% since Nov. 5, the last…
Donald Trump, who made criticizing high prices a campaign mantra as voters struggle with the lingering effects of 2022′s post-pandemic inflation spike, is set to take office with an economy that experts agree is healthy. All the key data points ― notably inflation, which is nearly back down to normal — are trending in the…
Starbucks headquarters at Starbucks Center on July 3, 2024 in Seattle, Washington.Image: David Ryder (Getty Images) Starbucks (SBUX) has warned its corporate staff that failing to work in the office three days a week could lead to termination. The mandate is part of the coffee chain’s “standardized process,” set to launch in January, according to…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mike Mayo, Wells Fargo Securities managing director and senior banking analyst, joins ‘Squawk on the Street’ to discuss Mayo’s take on why financials benefit from either candidate’s election, what happens if rates go up more than expected, and much more. Source link
Aerial view of the construction site of a petroleum products storage facility belonging to Brightoil Petroleum (Holdings) Limited on Waidiao Island on August 8, 2022 in Zhoushan, Zhejiang Province of China. VCG | Visual China Group | Getty Images Oil prices edged higher on Thursday, recouping some of the more than 1% losses from the previous…
Sopa Images | Lightrocket | Getty Images Shares of Trump Media closed down 6.6% on Tuesday, ending the day at $16.14 a share. The dip came just 48 hours before “lockup” restrictions that have so far barred the company’s majority shareholder, Donald Trump, and other insiders from selling their stakes, are set to expire. Until…
Sopa Images | Lightrocket | Getty Images Shares of Trump Media continued to sink on Thursday, closing at a fresh low, following Tuesday’s presidential debate between its majority shareholder, former President Donald Trump and Democratic Vice President Kamala Harris. The stock fell 3.6% over the day and closed at $16.07 per share — its lowest…