US stocks gained on Friday,
» Read more about: The stock market is on pace for its best week since Trump's election win »
Stocks closed out the week with a bang as Treasury yields retreated from recent highs. Optimism is swirling ahead of President-elect Donald Trump’s inauguration on Monday, which also happens to be a stock market holiday. Indeed, both the equities and bond markets will be closed in observance of Martin Luther King Jr.
» Read more about: Stock Market Today: Stocks Jump Ahead of Trump Inauguration »
Personal Finance
A balanced retirement portfolio is essential for securing your financial future. By spreading investments across various asset classes, you mitigate risks associated with market volatility.
» Read more about: How To Access Retirement Savings Early and Penalty-Free For Disaster Relief »
WASHINGTON (AP) — The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
The nonpartisan Congressional Budget Office released its 10-year budget outlook on Friday that showed a slightly brighter picture as higher taxable incomes will relieve some pressure on the rising national debt.
Donald Trump has promised big changes for the world’s largest economy.
An “end to the devastating inflation crisis”, tariffs and big cuts to taxes, regulation and the size of government are all on the agenda.
» Read more about: Has Trump promised too much on US economy? »
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A Tesla Inc (NASDAQ:TSLA) analyst highlighted the monetization opportunities for the company with its robotaxis and FSD.
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By 2023, gold remains a popular investment choice among Canadian investors. It is perceived as a means to diversify investment portfolios and provide a shield against inflation, especially during times of low interest rates. As an asset that doesn’t move in tandem with others, gold can potentially soften the blow of market downturns and provide stability during economically volatile times.
» Read more about: How to Invest in Gold in Canada in 2025 »
Tesla’s stock was rallying 5% in recent trading, and has now run up 72.8% since the election.
CEO Elon Musk’s cozying up to Trump has provided a $587.83 billion boost to the EV giant’s market cap since the election, amid hopes Musk can influence Federal rule-making that helps accelerate Musk’s robotaxi ambitions.
» Read more about: Tesla's stock surges, and has gotten by far the biggest Trump bump of the Mag 7 »