ENERGY

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…

Take a look inside a $1.1 million ‘zero emissions’ home

Real estate is a key puzzle piece in achieving the U.S.’ climate goals, according to federal officials. Residential and commercial…

New details of Trump family crypto project released, including who can buy in

More than two hours into Republican former President Donald Trump’s World Liberty Financial launch event on X Monday night, the team behind…