Betting against the ferocious Trump rally can be costly. A mutual fund run by Catalyst Capital Advisors lost $600 million in just five days as the markets raced to record highs.
Donald Trump isn't the only problem for gun retailers since buyers no longer fear tougher laws are coming. Cabela's said demand also has waned after the San Bernardino shooting in December 2015 led to a big spike in sales.
The market has been red hot since Donald Trump was inaugurated. But is it premature to celebrate? Stocks actually tanked in the first month of the Reagan and Obama presidencies -- and soared after George H.W. Bush's inauguration.
Ferrari will soon unveil the fastest and most powerful production car the Italian luxury performance brand has ever produced, the Ferrari 812 Superfast.
All the turmoil in Washington isn't bothering Wall Street in the least bit. The Dow, S&P 500 and Nasdaq soared to record closing highs on Wednesday, the fifth-straight day of all-time highs.
Anthem sues Cigna after Cigna called off their merger. It was opposed by the Justice Department and blocked by a federal judge, citing antitrust concerns.
So much for President Trump being bad for tech stocks. The Nasdaq has zoomed to six consecutive record highs, its longest hot streak since December 1999.
Pepsi reported solid earnings thanks to strong sales in the U.S. But Pepsi is a global beverage and snack food giant. And its CFO said this won't change -- even if President Trump continues to push for more protectionist policies.
Goldman Sachs has finally recovered from the 2008 financial crisis. Ironically, the main catalyst is President Trump's promises to undo safeguards put in place to prevent another meltdown.
Checked
17 minutes 33 seconds ago
Google News sitemap — sections: business, economy, investing
