MARKET

This industrials company is joining the S&P 500 soon

Heating and air conditioning equipment maker Lennox International Inc. is replacing contract drug maker Catalent Inc. in the S&P 500. Source link

MARKET

Fannie, Freddie stocks on the rise as GOP takeover boosts privatization hopes

Traders are betting on the end of conservatorship is a high-risk, high-reward Trump trade Source link

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The little-known reason that the Fed will continue to lower rates in 2025

Current rates are significantly contractionary Source link

MARKET

Ether may finally rise to record high next year, after lagging behind bitcoin

While ether has been lagging behind bitcoin, the second-largest crypto by market capitalization could hit a record high above $5,000 next year if its current

MARKET

Why the case against a Roth conversion gets stronger if Trump’s tax cuts continue

Break-even point for a Roth conversion is long —and extending the 2017 tax cuts could make it longer. Source link

MARKET

After Amazon’s 50% stock surge this year, these factors could spur more gains

A TD Cowen analyst thinks Amazon can further penetrate lower-priced household goods and see accelerating revenue from its AWS cloud business next year. Source link

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I’m 42 and married with no kids. I have $114K in a 401(k) and $1,400 in credit-card debt. How can I grow my wealth?

“I am not that familiar with investing, but currently educating myself about it.” Source link

MARKET

How GM’s self-driving strategy is evolving as it gives up on Cruise business

General Motors has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and an “increasingly competitive” market

MARKET

Comcast seen taking ‘one step forward, two steps back’ in tough broadband market

Comcast’s narrowed broadband subscriber losses in the latest quarter offered some hope, but recent cautious commentary has dragged down cable stocks. Source link