With bitcoin catapulting to new heights, attention is already refocusing on which altcoins might surge to the top next.
Wells Fargo issues Wall Street's most bullish forecast yet for the stock market in 2025
Wells Fargo sees the S&P 500 reaching 7,007 by the end of 2025 as a strong economy and a Federal Reserve cutting cycle help drive stocks higher.
Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks. "We have to continue to recalibrate policy - now, whether it will be in December or sometime later, that's a question we'll have a chance to debate and discuss in our next meeting," San Francisco Fed President Mary Daly said on Fox Business Network. Speaking at a Crain's "Power Lunch," Chicago Fed President Austan Goolsbee similarly gave little away on his view of the likely outcome of the central bank's upcoming Dec. 17-18 meeting.
Oil Rises on Iran Crude Sanctions, OPEC+ Output Deal Progress
(Bloomberg) -- Oil rose the most in more than two weeks as the US imposed more sanctions targeting Iranian crude and OPEC+ made progress on a deal to keep output off the market.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsWest Texas Intermediate advanced 2.7% to settle near $70 a barrel, the biggest one-day jump since Nov. 18, as OPEC+ delegates said the group is firming up an agreement to dela
Alaska Governor Sees ‘Certainty’ for Oil, Gas Under Trump
(Bloomberg) -- President-elect Donald Trump’s vision for American energy dominance promises “certainty” that will encourage more investments in oil and gas, Alaska Governor Mike Dunleavy said. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThat could entice more spending by companies on acreage in remote stretches of the state, including offshore waters now largely foreclosed to development and p
Intel’s outgoing CEO is living every executive’s nightmare: A post-departure stock bump and no succession plan
Pat Gelsinger’s troubles at Intel show that boards would rather take big swings than hope for the best.
Weis Markets makes executive promotions, including Fresh Merchandising
Other promotions were made in Program Management and Enterprise Services