Trump picks oil industry CEO Chris Wright as Energy secretary
US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, U.S.…
Foreign investors flock to flagship Saudi economic conference
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says
Advertisement A Donald Trump win in November could be the best outcome for stocks, and two sectors in particular would…
Saudi investment minister touts green shoring on path to diversification
Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023. Bloomberg…
South Dakota opts out of Inflation Reduction Act energy rebates
Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes…
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…
3 cheap areas of the stock market to buy as the Fed unveils a ‘rare double whammy’ of stimulus, BofA says
Advertisement The Federal Reserve doesn’t usually cut rates while corporate profits are still growing. But that’s the situation we’re seeing…
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
A handful of states have rolled out rebates to consumers who make their homes more energy-efficient, just months after New…
FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New…
