Elon Musk taps first right hand as possible successor: Tom Zhu
Global news reports say Elon Musk has picked his successor at Tesla: Tom Zhu Xiaotong, vice president in charge of the Asia-Pacific, amid criticism Musk has been distracted since acquiring Twitter.
Silver and gold poised to shine in 2023
With inflation, recession and a volatile stock market expected to remain big themes this year, precious metals are poised to shine in 2023, say experts. Gold and silver, hedges to inflation and uncertainty, could push gold to a record $2,100+ an ounce, while silver may approach $38 an ounce, a nearly 50% jump.
Nearly 80% of Americans forecasting economic difficulty in new year, poll finds
Many adults in the U.S. have somber predictions about how America will fare economically in the new year, according to a Gallup poll released Tuesday.
Stock market kicks off 2023 with start of 'lost decade,' expert warns
Sound Planning Group CEO David Stryzewski says the economy's growing Federal Reserve, bond market and real estate bubbles mark the start of the "lost decade."
Tesla stock extends drop in New Year, ‘becoming long-term hold’
Shares of Tesla are falling again in 2023 after a weak fourth quarter in deliveries.
Economic 'Category 5 storm' brewing in 2023, market expert warns
Wedbush Securities managing director Dan Ives predicts more layoffs in the Big Tech sector as the U.S. macroeconomic environment prepares for a "Category 5 storm."
Where to invest your money in 2023 after rough year-end in the markets
University of San Diego finance professor Dan Roccato shared some market insights and investing tips for the New Year of 2023 on "Fox & Friends" on Monday.
The markets and the New Year holiday
There will be no trading in stocks or bonds on Monday as Wall Street observes the New Year holiday.
Bed Bath & Beyond shares fall after SEC requests info
The share price of Bed Bath & Beyond reportedly dipped following the company revealing correspondence pertaining to its 2021 annual report that it had with the SEC.
S&P 500 wraps worst year since 2008
The S&P 500 is on target to post its worst annual performance since 2008, while energy sector posts record year
Companies spend record amounts on dividends, despite looming downturn
S&P 500 companies spent more than ever on dividends while some used share buybacks to reward investors.
S&P energy sector’s record 2022 performance ‘built on downfall of others’
The S&P 500’s energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy
After Tesla’s terrible year, Musk can make 2023 better
Elon Musk’s electric vehicle maker Tesla has stalled with the stock posting its worst year and month on record. Here's what Musk can do to right the ship.
House committee questions Biogen drug approval process
The FDA's approval process of Biogen's Alzheimer's drug was questioned in a Congressional report released Thursday.
Tech stock bounce part of ‘seasonal pattern’, investors pin hopes on January
Tech stocks like Meta, Apple, and Microsoft are lifting the Nasdaq 100 higher on Thursday after a jobs report spurred investors.
Instacart cuts internal valuation another 20%: report
Instacart has reportedly cut its valuation another 20% to $10 billion, which is down from $13 billion in October.
AMC CEO requests pay freeze as stock tanks
AMC Entertainment's Adam Aron has requested a pay freeze for himself, he said Tuesday, as the movie theater chain's stock has fallen significantly in 2022.
New corporate stock buyback tax poised to take effect in 2023: What to know
The 1% tax on share repurchases passed by Democrats earlier this year begins in January, but many companies say they remain unfazed by the new penalty.
Markets and the Christmas holiday
There will be no trading in stocks or bonds on Monday as Wall Street observes the Christmas holiday.
Oil prices are up, are refinery shutdowns to blame?
A winter storm over a large swath of the U.S. is being blamed for oil refinery shutdown in Houston and spiking crude prices


















