Month: January 2026
Josh Brown: Materials started the year on fire. These ones made our Best Stocks list
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Welcome to the Late Cycle phase of the bull market. Kind of snuck up on us, huh? Of course, I cannot be absolutely certain of it, but this is my guess […]
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Alphabet hits $4 trillion market capitalization
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped about 1% Monday, after Apple said it had picked […]
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Republican Sen. Thom Tillis vows to block Trump’s Fed nominees following Powell probe
Key Points Sen. Thom Tillis, R-N.C., said he will block any Trump Fed nominees, including for chair, in light of revelations that the Justice Department is investigating Jerome Powell for potential perjury charges. That position substantially complicates the road to replacing Powell, whose term as chair expires in May. While Powell’s term as chair ends […]
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Paramount Skydance sues Warner Bros. Discovery in hostile takeover attempt
David Ellison, CEO of Paramount Skydance, exits following an interview at the New York Stock Exchange, Dec. 8, 2025. Brendan Mcdermid | Reuters Paramount Skydance is suing Warner Bros. Discovery and CEO David Zaslav as its latest step in a hostile pursuit to acquire WBD, CEO David Ellison outlined in a letter to WBD shareholders […]
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Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned
Treasury Secretary Janet Yellen speaks with CNBC from the New York Federal Reserve on Sept. 26th, 2024. David A. Grogan | CNBC Former Federal Reserve Chair Janet Yellen on Monday condemned an investigation into her successor, Jerome Powell, saying it compromises the central bank’s independence. Yellen, who served as Treasury secretary after leaving the Fed, […]
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Tech investors sound out how a U.S. takeover of Greenland impacts minerals mining, CEO tells CNBC
Tech investors are sounding out how the U.S. taking Greenland would affect the viability of critical and rare earth minerals mining there, CNBC has learned, as Washington ramps up its pursuit of the Arctic island. Greenland has found itself at the center of a geopolitical firestorm over the past week as the U.S. has threatened […]
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Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value
As Americans across incomes look to trim the grocery budget, Aldi plans to open more than 180 stores in the U.S. this year — including on the traditional turf of rival supermarkets and big-box stores. The German grocer’s latest growth plans follow an already aggressive expansion over the past decade. Aldi, which is known for […]
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Meta names former Trump advisor Dina Powell McCormick as president, vice chair
Dina Powell McCormick, global head of sovereign business at Goldman Sachs Inc., speaks during a panel session at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 23, 2023. Christopher Pike | Bloomberg | Getty Images Meta on Monday announced it has appointed Dina Powell McCormick as its president and vice chairman. Powell McCormick joined Meta’s board in April but […]
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Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
Key Points Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, American Express and Capitol One fell in response. It’s unclear how the cap would be enforced, and bank industry insiders say it would […]
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Abercrombie & Fitch shares plunge 17% as retailer cuts its holiday guidance
Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its […]
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