The stock market is loving Trump’s return. The bond market not so much
CNN
Donald Trump is returning to the White House and the stock market is loving it.
Donald Trump is returning to the White House, and the stock market is loving it. Investors, relieved to have a clear-cut election winner and fired up about the prospect of tax cuts and deregulation, have sent US stocks zooming higher. The Dow Jones Industrial Average closed above 44,000 on Monday for the first time ever. The S&P 500 last week notched its best week of the year and third-best presidential election week since 1928. Big bank stocks have spiked on hopes of a lighter regulatory touch. Private prison companies are going to the moon as investors bet that mass deportations will boost demand for their services. And the crypto space is on fire as Trump has gone from a bitcoin skeptic to a believer. And yet the bond market has some concerns that Trump’s tax cuts could add trillions to the national debt and his massive tariffs and other policies could stoke inflation. US Treasuries, sniffing out a potential Trump win, sold off in the weeks before Election Day. And bonds kept selling last week as the full scale of Trump’s victory sent shockwaves around the world.
No, not the recipe itself. Just the literal phrase.
Kum & Go, the Midwestern gas station chain that gained national fame for the immature snickers its name often receives, is making a change.
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ever, and could even get worse.
Hush puppies, once a staple on Red Lobster’s menu, are coming back.
While revenge porn has been around for decades, the proliferation of AI tools means anyone can be a target of harassment, even if they’ve never taken or sent a nude photo. But there are steps that targets can take to protect themselves and places to turn for help.
Donald Trump is returning to the White House and the stock market is loving it.
Shell is not obliged to dramatically reduce its planet-heating pollution by 2030, a Dutch appeals court ruled Tuesday, overturning a previous verdict that imposed steep carbon emissions reductions on the British oil and gas giant.
Chris Wallace, the veteran journalist who has anchored weekly programs on CNN and the Max streaming service, is leaving the network, he announced Monday.
Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring program.
The use of misogynistic and abusive phrases targeting women, like “your body, my choice” and “get back to the kitchen,” has spiked across social media in the days since Donald Trump’s reelection, according to an analysis from the Institute for Strategic Dialogue.
When Tom Homan left the US Immigration and Customs Enforcement agency in 2018, he didn’t go far from Donald Trump’s administration – he joined Fox News as a paid contributor and used the platform to argue for aggressive border enforcement.