Market News Explorer

President-elect Trump is weighing candidates to lead the CFTC in his administration, with the agency set to play a key role in regulating cryptocurrencies and digital assets.

Qvest Sanitation was ordered to pay nearly $172,000 after the Labor Department found it had employed 11 children to clean equipment on overnight shifts at a pork processing plant in Sioux City, Iowa.

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.

An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. Here’s what to know about the history of Enron and the purported effort to bring it back. What happened at Enron?

A slate of labor market data is looming this week, including the ADP employment survey due Wednesday.

The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

Tesla stock fell after a Delaware court declined Elon Musk's attempt to change its ruling on his $56 billion pay package.

(Bloomberg) -- Intel Corp.’s search for a new chief executive officer will focus heavily on outsiders, with the chipmaker considering candidates such as Marvell Technology Inc. head Matt Murphy and former Cadence Design Systems Inc. CEO Lip-Bu Tan, according to people familar with the situation. 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 JamsThe company has enlisted executive search firm Spencer

Lawyers for Roger Ver, also known by the moniker "Bitcoin Jesus," filed a motion to dismiss the criminal indictment for tax evasion in a California court.

Consumers spent more than $13 billion online during Cyber Monday, according to Adobe Analytics data, surpassing expectations. The figure was over 7% higher than the prior year.

Hedge funds including Jeffrey Talpins’ Element Capital and Kenneth Tropin’s Graham Capital Management have made big gains from betting on market...

An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.

The rail operator will be renationalised in May, according to reports.

Cargill Inc. is laying off thousands of workers globally as it faces pressures related to lower commodity prices. The cuts equate to about 8,000 jobs.

Job openings rebounded in October as investors continued to debate how rapidly the US labor market is cooling to end 2024.

The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled 6% to hit a 52-week low.

Seattle-based Alaska Airlines is recovering Tuesday after an IT issue grounded flights at its hub airport and stopped passengers from making online bookings.

The bank apologised after the former worker was charged with robbery of clients, attempted murder and arson.

PSQ is a microcap stock with a market capitalization of only $72 million as of Monday's close.

The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.

The Container Store is struggling to stay afloat largely due to market conditions and rising competition. Some experts say it's the next retailer to file for Chapter 11.

UBS managing director and senior portfolio manager, Jason Katz, joins 'Varney & Co.' to discuss the stock market rally and embracing 'boring' stocks.

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.

The focus is on JOLTS jobs data and Fedspeak to cement or dent growing hopes for interest-rate cuts.

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — illustrated a key point: It's hard to keep your job when your stock is down big.

The US economy is on solid footing. Bank of America expects it to stay that way through next year.

Porch piracy continues to be an issue with thieves nabbing billions of dollars worth of packages just last year. SafeWise estimated that 260,000 incidents of package theft occurs daily.

The move comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.

Her picture-perfect life as a Mormon farm wife has made Hannah Neeleman a social media star and a cultural lightning rod.

(Reuters) -China will ban exports to the U.S. of items related to gallium, germanium, antimony and superhard materials that have potential military applications, its commerce ministry said on Tuesday, a day after Washington's latest crackdown on China's chip sector. Beijing's directive on so-called dual-use items, which cites safeguarding national security and interests and takes immediate effect, also requires stricter review of end-usage for graphite items shipped to the United States. "In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," the ministry said.

(Bloomberg) -- European stocks gained as investors tracked developments in France’s political drama and prepared for the busy week of US economic data.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionTechnology shares helped fuel a fourth day of gains for Europe’s Stoxx 600 index, boosted by milder-than-feared US curbs on Chinese access to vital chip and AI components. Germany’s main equity benchma

(Bloomberg) -- SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around $350 billion, according to people familiar with the matter. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThat would be a significant premium to a previously mulled valuation of $255 billion as reported by Bloomberg News and other media outlets just last

President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American firm U.S. Steel.