Market News Explorer
Stay informed with the latest market news and analysis.
After UnitedHealthcare CEO Shooting, Americans Express Frustration With Health Insurance Industry
Dec 5, 2024, 12:07 PM
The shooting death of a UnitedHealthcare executive in Manhattan has unleashed Americans’ frustrations with an industry that often denies coverage and reimbursement for medical claims.
Someone impossible to buy for? Perhaps AI can help
Dec 5, 2024, 7:02 PM
With vast amounts of data do draw on, AI should be able to come up with good gift ideas, but does it?
November jobs report expected to show hiring rebound, unemployment hold steady at 4.1%
Dec 5, 2024, 2:41 PM
The November jobs report will be closely tracked by investors for clues regarding the Federal Reserve's next interest rate decision later in December.
Stock futures are little changed ahead of key jobs report: Live updates
Dec 5, 2024, 6:02 PM
Investors expect Friday's jobs report to give further insight into the U.S. labor market and think it could impact the Fed's upcoming rate decision.
McKinsey to Pay $122 Million to Settle South Africa Bribery Case
Dec 5, 2024, 5:59 PM
The global consultancy was accused of bribing foreign government officials. A former senior partner pleaded guilty to a conspiracy charge.
New photos released as hunt for UnitedHealthcare CEO killer continues
Dec 4, 2024, 9:13 PM
Police are still working to determine a motive in the slaying of insurance executive Brian Thompson.
Health insurer reverses course on anesthesia policy after receiving backlash
Dec 5, 2024, 5:16 PM
Anthem Blue Cross Blue Shield backtracked on imposing a anesthesia policy change in multiple states after the health insurer received strong backlash.
Donald Trump keeps baiting the Fed—but Jerome Powell’s not biting: ‘I’m going to disappoint you’
Dec 5, 2024, 4:57 PM
"We're supposed to achieve maximum employment and price stability for the benefit of all Americans and keep out of politics completely," Powell said.
Stock market today: Dow leads losses as stock rally hits pause, bitcoin pulls back from record above $100,000
Dec 5, 2024, 4:05 PM
The jobs market is under the microscope as Wall Street weighs Powell's bullish view of the economy.
Elon Musk weighs in on health care costs amid insurance scrutiny
Dec 5, 2024, 3:09 PM
Billionaire Elon Musk on Thursday weighed in on the cost of health care in the U.S., questioning the value Americans get for the coverage they receive.
Dollar Tree could drop some products if tariffs are enacted
Dec 5, 2024, 3:02 PM
Dollar Tree's interim CEO told analysts the company has strategies it can implement, such as changing or removing certain products to mitigate risks from tariffs.
Bitcoin hits $100,000 for the first time ever
Dec 4, 2024, 9:52 PM
Bitcoin prices surpassed the $100,000 mark for the first time ever, crossing the milestone in the wake of a record-breaking surge in the aftermath of the election.
Tesla stock pops as Giga Austin visit has BofA bullish
Dec 5, 2024, 12:27 PM
Tesla stock is popping today on the back of bullish comments from BofA Securities, with the firm’s analysts fresh off a Giga Austin factory visit.
Stock market today: Nasdaq, Dow, S&P 500 hit pause on rally as jobs report looms, bitcoin tops $100,000
Dec 5, 2024, 2:52 PM
The jobs market is under the microscope as Wall Street weighs Powell's bullish view of the economy.
Trump just gave a new signal he isn't going to let up on Big Tech
Dec 5, 2024, 10:20 AM
President-elect Donald Trump is making it clear he doesn't intend to ease up on the nation's technology giants once he is back in the Oval Office.
Robinhood CEO talks bitcoin's $100K milestone, shares optimism over Trump administration
Dec 5, 2024, 2:36 PM
Robinhood CEO Vlad Tenev claims the incoming Trump administration "gets it" when it comes to Bitcoin and crypto, expressing hopes for a Bitcoin strategic reserve.
Lance Morrow, 85, Award-Winning Essayist for Time Magazine, Is Dead
Dec 5, 2024, 2:04 PM
His voice carried weight on the influential back page and as the writer of many “Man of the Year” cover articles. As a memoirist he chronicled his heart attacks.
Judge rejects Boeing 737 Max settlement
Dec 5, 2024, 2:06 PM
The decision raises new questions for the embattled aerospace giant.
Penn Wharton model shows ways Trump admin could lower debt while sustaining economic growth
Dec 5, 2024, 1:43 PM
Penn Wharton Budget Model analysis outlines policies the Trump administration could pursue to reduce the long-term growth of the national debt while spurring additional economic growth.
Union threatens turkey shortage this Christmas
Dec 5, 2024, 1:10 PM
The Unite union says its pay dispute could result in 'empty tables this Christmas'.
Mortgage rates fall for second straight week, lowest since October
Dec 5, 2024, 12:22 PM
Mortgage rates declined for the second week in a row, lifting demand in the stagnant housing market as the affordability crisis continues to create headwinds.
Trump uncertainty could be driving car buyers to act now, Cox says
Dec 5, 2024, 9:00 AM
Research firm Cox Automotive found a surprising uptick in new car sales in November, outpacing industry estimates.
Why market sentiment shouldn't keep investors up at night
Dec 5, 2024, 11:00 AM
Bret Kenwell, eToro US investment and options analyst, emphasized that while market sentiment can swing wildly, it shouldn't derail a long-term investment strategy.
Trump congratulates bitcoiners — El Salvador's Nayib Bukele takes victory lap with bitcoin over 100K
Dec 5, 2024, 10:33 AM
President-elect Trump congratulates bitcoiners and El Salvador's President Nayib Bukele takes victory lap after bitcoin surpasses $100,000.
Electric cars make up one in four sold in November
Dec 5, 2024, 9:46 AM
Sales of electric vehicles grow for the eleventh straight month as manufacturers offer steep discounts.
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
Dec 5, 2024, 5:02 AM
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.
Bitcoin hits $100,000: what next for the booming cryptocurrency?
Dec 5, 2024, 7:23 AM
The rapid increase in price has been attributed to Donald Trump's election victory - can it continue?
BlackRock sees 'exceptionalism' powering US stocks higher in 2025
Dec 5, 2024, 6:01 AM
BlackRock sees earnings continue to outperform in the US versus the rest of the world throughout 2025, supporting further gains in the stock market.
Millions of car owners are delaying maintenance repairs as costs rise
Dec 5, 2024, 7:00 AM
Millions of car owners are delaying repairs on their cars. About 30 million cars on the road today are behind on things such as oil changes and tire rotations, according to Carfax data.
Stock market today: Nasdaq, Dow, S&P 500 hit pause on rally as jobs data looms, bitcoin tops $100,000
Dec 5, 2024, 5:59 AM
Fed Chair Jerome Powell's speech looms large as investors calculate the odds of a December rate cut.
Elon Musk is getting some (tentative) bipartisan interest as he heads to Capitol Hill
Dec 5, 2024, 4:00 AM
There are some stirrings of interest from across the aisle in the new extra-governmental 'Department of Government Efficiency' headed up by Elon Musk and Vivek Ramaswamy.
Shell and Equinor plan to combine forces in North Sea
Dec 5, 2024, 5:11 AM
The energy firms say the deal will see the creation of the North Sea's biggest oil and gas producer.
The giddy craze for nonfungible tokens brought the crypto crowd to art auctions. Now, long after the bubble burst, some still believe.
Hedge funds make MicroStrategy Wall Street’s hottest trade
Dec 4, 2024, 8:25 PM
(Bloomberg) -- To sate his multibillion dollar rampant appetite for Bitcoin, Michael Saylor has tapped demand from retail investors transfixed by MicroStrategy Inc.’s more than 500% rally this year. He’s also benefitted from hedge funds who care far less where the stock trades.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 JamsCalamos Advisors LLC co-Chief Investment Officer Eli Pars has been among t
Crypto is getting the SEC boss it wanted in Paul Atkins
Dec 5, 2024, 4:00 AM
The crypto industry keeps racking up wins in the new Trump White House. The latest is the pick of Paul Atkins to run the SEC.
Salesforce CEO Marc Benioff to Wall Street: Yes, we are making money on digital agents
Dec 4, 2024, 8:55 PM
Salesforce CEO Marc Benioff says the race to create digital worker agents is well underway.
Vodafone-Three merger finally given green light
Dec 5, 2024, 2:42 AM
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.