Finance and Investments

President Joe Biden signed a stopgap spending bill on Saturday to keep the federal government funded and avert a devastating government shutdown. House lawmakers reached an agreement on a budget…

Important points On Friday, several analysts lowered their price targets for Nike stock, concerned that the stock’s recovery may take longer than expected after the sports apparel giant gave a…

Important points The S&P 500 rose 1.1% on Friday, December 20, 2024, as signs of slowing inflation provided some relief heading into the holiday season. Shares of data analytics software…

The Dow Jones Industrial Average falls for the 10th consecutive day, something not seen since Elton John’s Goodbye Yellow Brick Road became the year’s best-selling album and bell-bottom jeans became…

Important points FedEx shares soared in after-hours trading on Thursday after the shipping giant announced plans to spin off its cargo business as a separate public company, overshadowing a downwardly…

Important points Micron shares plunged in after-hours trading Wednesday after the memory chip maker and Nvidia partner issued weaker-than-expected guidance for the current quarter. The stock looks set to take…

Important points Nissan and Honda confirmed they are considering a possible merger, according to a Nissan statement and media reports on Wednesday. Foxconn is also reportedly interested in Nissan stock.…

Important points According to reports, Honda and Nissan plan to begin negotiations for a possible merger. Reports suggest the combined company could also include Nissan-backed Mitsubishi, making it a bigger…

US stock futures are falling ahead of retail sales data and the start of a two-day Federal Reserve meeting. Bitcoin (BTCUSD) has reached a new high of over $107,000 as…

Important points Former FTX customers with invoices of $50,000 or less will begin making repayments in early 2025. The effective date for repayment is set for January 3, 2025, and…