Breaking News: Business

Macy’s posts preliminary results, delays full earnings release

A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David…

Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism

Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event…

Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS

Pennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz poses for a portrait outside of a poling location during the primary…

Druckenmiller bought regional banks but a healthcare pick is his biggest bet

Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one healthcare name his biggest position last…

House Speaker Johnson says Gaetz ethics report shouldn’t be released

U.S. House Speaker Mike Johnson (R-LA) speaks to reporters as House Republican leaders hold a press conference at the U.S.…

Trump Defense pick Pete Hegseth sex assault probe revealed

Pete Hegseth, host of Fox & Friends, at the National Council of Young Israel Gala in New York City. Michael…

Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day

Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, believes the electric vehicle company could hit a $5 trillion…

Trump’s transition team aims to kill Biden EV tax credit: Reuters

U.S. President Joe Biden answers questions from reporters after driving a Jeep Wrangler Rubicon Xe around the White House driveway…

David Einhorn to speak as the priciest market in decades gets even pricier postelection

David Einhorn speaking in New York City on April 3, 2024. Adam Jeffery | CNBC Hedge fund investor David Einhorn’s…

Hedge funds performed better under Democratic presidents than Republican ones, history shows

Traders work on the floor of the New York Stock Exchange.  NYSE There’s been a rush of enthusiasm on Wall…