Business

Last year turned out to be a very good year for the stock market, as the major indexes all posted returns above their historical averages. For example, the large-cap S&P 500 finished the year up 24.2% at 4,770 — just a few dozen points…

The U.S. dollar’s recent tumble against a basket of six key currencies to a five-month low is quite a shake-up. Ending a two-year streak of steady climbs, this drop signals some fresh winds blowing through international currency markets.…

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Prosecutors at the National Labor Relations Board say Trader Joe’s illegally fired a union supporter in Massachusetts because he was pushing for better working conditions.In a complaint filed Tuesday, officials argued that the company…

U.S. equities whipsawed in early Tuesday trade after a key measure of U.S. consumer prices aligned with expectations in November, showing inflation slowed to a 3.1% rate in November. The Core Consumer Price Index (CPI), which excludes…

The Dow Jones Industrial Average rose 512 points yesterday to hit an all-time high of 37,090 while the S&P 500 rose 64 points to 4,707, closing in on its record high of 4,796. The Nasdaq was also up 1.4% on Wednesday. The catalyst for…

November was a strong month for hedge funds, as it was the best since January. The HFRI Fund Weighted Composite Index was up 2.2% in the month, while the HFRI 500 Equity Hedge Index climbed 4.3% in November. The latter was the biggest gain…

Target Corporation (NYSE:TGT) reported stronger-than-expected earnings for the third quarter, sending its shares higher in early Wednesday trade. Target’s results were better than feared as sales continued to decline. However, purchases in…

The crypto markets are looking extremely bullish right now, with investors preparing their portfolios for the next bull run. With the Bitcoin halving event approaching, plus the potential for the first Bitcoin ETF approval from the…

The S&P 500 is up some 19% year to date while the Nasdaq Composite has surged more than 36% this year. The technology sector has been a huge driver, bouncing back from a terrible 2022. However, one industry within the financial sector…