Money market account rates today, January 18, 2025 (best account provides 4.75% APY)
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A final look at how the U.S. stock market performed under Joe Biden
U.S. stocks closed out the Biden era on a high note as the president bids farewell to the White House.
US stocks surge to cap off the best week since the November election
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
BofA says Trump will backstop stocks this year, but to closely watch one key area of the market
Small-caps need to break above a key resistance level to signal more bullish momentum for stocks. Otherwise, it could signal broader weakness, BofA said.
A legendary investor who predicted the dot-com crash says there's a key ingredient missing for a market bubble
"The markets, while high-priced and perhaps frothy, don't seem nutty to me," Howard Marks said.
A trifecta of developments has flipped markets upside down this week
Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case for rate cuts in 2025.
The stock market is on pace for its best week since Trump's election win
Bond yields dipped for a third day on Friday, bringing some relief to investors after they watched the 10-year approach 5% in recent weeks.
Bank of America awards stock to employees after strong 2024 performance, memo shows
The stock awards, which will be issued in addition to year-end incentive awards, would be granted to employees earning an annual total compensation of up to $500,000, covering about 97% of the lender's global workforce. BofA had 213,193 staff at the end of 2024, which means the stock awards will amount to slightly over $1 billion. Earlier this week, BofA's fourth-quarter profit beat expectations, boosted by trading activity.
US stocks notch first weekly gain this year before Trump's inauguration, executive orders
Wall Street closed higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.
Wall Street’s Hedging Craze Gets Second Wind After 2024 Misfire
(Bloomberg) -- In the euphoric markets of 2024, the biggest sin was skepticism. A white-hot runup in risky assets made life miserable for anyone buying into the frenzy of fresh products that Wall Street was hawking to hedge and diversify.Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesThese Homes Withstood the LA Fires. Architects Explain WhyScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting Har