MARKET

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt. Source link

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Stocks appear ‘rate sensitive once again’ as bond yields press higher

Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall

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Surgeon general wants cancer warnings for alcohol. Is there any amount that’s safe to drink?

In a new advisory, Surgeon General Vivek Murthy recommended that labels on alcoholic beverages be updated to include a warning about cancer risk. Source link

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Don’t compare your retirement investments to the S&P 500

Retirement is about maximizing reliable cash flow for life Source link

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Why DraftKings is betting on a subscription service that gives members improved odds

Some consumers will have the ability to pay $20 a month for better odds on their parlays. Source link

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These stock-trading moves can boost your portfolio if the ‘Santa Claus rally’ fails

Despite year-end selling, market conditions look promising for 2025. Source link

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Tesla Cybertruck explosion at Trump hotel in Las Vegas kills one and injures at least seven

Tesla CEO Elon Musk suggests fireworks or a bomb placed in the pickup truck’s bed caused the blast. Source link

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Sangamo Therapeutics’ stock falls the most in 16 years after Pfizer ends hemophilia pact

Pfizer move means Sangamo won’t receive an expected payout in the first quarter, creating a cash overhang. Source link

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Stocks are skipping the ‘Santa Claus rally’ again this year. That doesn’t bode well for January.

Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the

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This space stock registered its longest winning streak in five months

Small-cap stock Redwire ended Thursday’s session up 13.4%, registering its biggest one-day percentage gain since Nov. 11, 2024, when it rose 15.1%. Source link