New Cars Hit Record Highs For the first time ever, the average transaction price for a new vehicle in the United States has surpassed $50,000, according to new data from Kelley Blue Book (KBB). The average sale price reached $50,800
Stocks Edge Higher Ahead of Fed Minutes US stocks moved higher midweek as traders looked to the Federal Reserve’s September meeting minutes for clarity on the path of rate cuts. The rebound followed a soft Tuesday session when concerns over
Gold’s Relentless Outperformance The AI trade has dominated headlines in 2025, but the real winners are gold miners. The MSCI World Gold Miners Index has exploded 135% this year, trouncing the 40% gain in the MSCI semiconductor benchmark. Gold itself
Gold Retreats After Record Run Gold prices pulled back Thursday as the dollar strengthened and traders locked in profits after a five-day rally. Spot gold dipped to $3,840 an ounce, slipping from record levels that had marked its strongest run
Tesla’s Record-Breaking Quarter Tesla (TSLA) reported blowout Q3 deliveries of 497,099 vehicles, well above Wall Street’s consensus of ~440,000. Production totaled 447,450 vehicles, while energy storage deployments also hit a record at 12.5 gigawatt-hours. The surge was fueled by a
Shutdown Officially Underway The U.S. government began its first shutdown in years early Wednesday after negotiations in Washington collapsed. The final hours before the stoppage were marked by finger-pointing rather than compromise, sealing a lapse in funding that leaves investors
Buffett Back in Deal Mode Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) is reportedly on the verge of sealing a $10 billion acquisition of OxyChem, the petrochemical division of Occidental Petroleum (OXY). If finalized, the transaction would be Berkshire’s biggest deal
Amazon Bets on Budget Groceries Amazon is doubling down on price-sensitive consumers with the launch of Amazon Grocery, a private-label brand offering more than 1,000 items — most priced under $5. The line spans everything from meat and seafood to
Markets Slide Into Shutdown Risk U.S. stocks faltered Tuesday as political brinkmanship and tariff shocks unsettled investors. Lawmakers have until 12:01 a.m. ET Wednesday to avert the first government shutdown since 2019. Odds stand near 85%, according to Polymarket. If
Stocks Edge Higher Despite Shutdown Jitters U.S. stocks mostly climbed Monday as investors weighed the rising odds of a government shutdown that could disrupt the release of critical economic data. The Department of Labor confirmed that the Bureau of Labor
New Cars Hit Record Highs For the first time ever, the average transaction price for
Stocks Edge Higher Ahead of Fed Minutes US stocks moved higher midweek as traders looked
Gold’s Relentless Outperformance The AI trade has dominated headlines in 2025, but the real winners
Gold Retreats After Record Run Gold prices pulled back Thursday as the dollar strengthened and
Tesla’s Record-Breaking Quarter Tesla (TSLA) reported blowout Q3 deliveries of 497,099 vehicles, well above Wall
Shutdown Officially Underway The U.S. government began its first shutdown in years early Wednesday after
Buffett Back in Deal Mode Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) is reportedly on the
Amazon Bets on Budget Groceries Amazon is doubling down on price-sensitive consumers with the launch
Markets Slide Into Shutdown Risk U.S. stocks faltered Tuesday as political brinkmanship and tariff shocks
Stocks Edge Higher Despite Shutdown Jitters U.S. stocks mostly climbed Monday as investors weighed the
