The financial markets experienced a significant correction this past week, as optimism following the election of President-elect Donald Trump tempered in response to Federal Reserve Chair Jerome Powell’s cautious outlook on interest rate cuts. Investors, who had driven Wall Street to historic highs fueled by expectations of Trump’s pro-business policies,…...

Kentucky Attorney General Russell Coleman has been vocal about several legal initiatives, including lawsuits aimed at challenging the Securities and Exchange Commission (SEC) over its regulatory stance on cryptocurrencies. His office is among those advocating for clear and definitive regulations that better serve the interests of consumers and fosters innovation…...

The recent U.S. presidential election results, particularly a Republican victory, have raised concerns regarding the future of the renewable energy sector under President-elect Donald Trump. Morgan Stanley’s analysis reflects these anxieties, suggesting a more challenging economic landscape for renewable energy firms. The firm’s report has adjusted the outlook on the…...

The National Highway Traffic Safety Administration (NHTSA) has levied a hefty civil penalty of $165 million against Ford as part of a consent decree, stemming from the company’s failure to recall vehicles with defective rearview cameras in a timely manner. This fine marks the second-highest penalty ever imposed by NHTSA…...

The UK motor finance sector has experienced notable growth in the bus market, evidenced by a remarkable 36.1% increase in the registration of buses, coaches, and minibuses during the third quarter of 2024, as reported by the Society of Motor Manufacturers and Traders (SMMT). This surge in registrations, which totaled…...

In a recent report, Spectrum Brands Holdings, Inc. (NYSE:SPB) experienced a notable decline in their stock price following the release of their fourth-quarter earnings, which did not meet market expectations. The company recorded adjusted earnings per share of 97 cents, falling short of the estimated $1.07 from analysts. However, they…...

Samsung Electronics has unveiled an ambitious plan to conduct a share buyback program worth approximately 10 trillion won, equivalent to around $7.2 billion. This strategic move is designed to bolster shareholder value and comes with the approval of the company’s Board of Directors. The buyback will roll out in phases…...

Quantum Computing Inc. (NASDAQ: QUBT) has recently faced a significant downturn in its stock prices, evident in the nearly 31% drop in premarket trading on Friday. The decline follows the company’s announcement of a securities purchase agreement to sell 16 million shares of common stock at a price of $2.50…...

The pharmaceutical sector saw a notable decline following President-elect Donald Trump’s announcement of Robert F. Kennedy Jr. as his choice to lead the Department of Health and Human Services (HHS). Kennedy is a well-known vaccine skeptic and has been critical of the pharmaceutical industry, prompting concerns among investors about potential…...

In the wake of the recent U.S. presidential election, global investors are reevaluating their strategies as they begin to exit trades that bet on the economic policies of President-elect Donald Trump. These trades, which anticipated that Trump’s tax reforms and tariffs would benefit Wall Street while negatively impacting markets abroad,…...

Samsung Electronics Co. recently experienced a significant surge in its share prices, marking its best performance since January 2021. The increase comes amid a series of market struggles, where the company’s stock had been on a downward trend for several months, reflecting broader concerns about the tech sector and specific…...