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Small business optimism jumps after election: NFIB

Optimism among small businesses soared in November, exceeding the 50-year average for the first time in nearly three years, according to the National Federation of Independent Business (NFIB). The Small Business Optimism Index rose 8 points to 101.7 last month. This is the highest reading for the index since June 2021 and the 34th consecutive […]

US Consumer Borrowing Jumps on Surge in Credit-Card Balances – Yahoo Finance

(Bloomberg) – U.S. consumer borrowing rose more than expected in October, reflecting the largest increase in credit card balances since mid-2022. Most Read Articles on Bloomberg Total credit outstanding rose $19.2 billion after a $3.2 billion increase in September, according to data released Friday by the Federal Reserve. The median forecast in a Bloomberg survey […]

Mortgage demand jumps as rates fall

Making Money Charles Payne talks about the resurgence of animal spirits after Trump wins the election. Long-term mortgage rates have fallen over the past week, reigniting demand for home purchases and breathing new life into a stagnant housing market. Overall, the number of mortgage applications rose 6.3% from a week ago, driven by an increase […]

Dow jumps on Treasury pick Scott Bessent’s promise to slash taxes

The Dow Jones Industrial Average rose nearly 400 points on Monday after President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, laid out his priorities, including tax cuts. In my first interview as a Treasury candidate wall street journalBessent said he would also focus on imposing tariffs, cutting spending and keeping the U.S. dollar as […]

Supermicro Stock Jumps 12% Friday to Cap Off a Wild Week – Yahoo Finance

Annabelle Chee/Bloomberg/Getty Images Nvidia CEO Jensen Huang and Super Micro Computer CEO Charles Liang during the Computex conference in Taipei, Taiwan, June 5, 2024. The supermicrocomputer's stock rose 12% on Friday, capping a week in which the stock rose nearly 80%. The rally came after partner Nvidia shouted during the chipmaker's earnings call Wednesday and […]

Supermicro Stock Jumps 12% Friday to Cap Off a Wild Week – Investopedia

Important points The supermicrocomputer's stock rose 12% on Friday, capping a week in which the stock rose nearly 80%. The rally came after partner Nvidia shouted during the chipmaker's earnings call Wednesday and a compliance plan filed Monday to prevent delisting. Supermicro's plans still require Nasdaq approval, and Mizuho analysts have told clients the approval […]

Oil Prices Set for Weekly Gain as War Premium Jumps – OilPrice.com

Oil prices extended their gains today and are set to rise further this week after Russia launched a new ballistic missile into Ukraine, the latest sign of continued escalation in the situation in Ukraine. It was expected to end the week. The attack featured hypersonic intermediate-range missiles never before used in war and was carried […]