Bitcoin dips below $79,000 as market digests silver sell-off, Trump’s Fed chair pick

Bitcoin dips below ,000 as market digests silver sell-off, Trump’s Fed chair pick

Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin, Ethereum, and Solana slumped as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his choice for the next Federal Reserve chairman. In … Read more

Here is what caused the wild swings in our 34-stock portfolio last week

Here is what caused the wild swings in our 34-stock portfolio last week

The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks … Read more

Epstein files: Trump, Howard Lutnick, Steve Tisch among prominent names that appear in latest Justice Department release

Epstein files: Trump, Howard Lutnick, Steve Tisch among prominent names that appear in latest Justice Department release

Ghislaine Maxwell and Jeffrey Epstein during a party at Mar-a-Lago in Palm Beach, Florida, Feb. 12, 2000. Davidoff Studios Photography | Archive Photos | Getty Images The Justice Department on Friday released many more records from its investigative files on Jeffrey Epstein, resuming disclosures under a law intended to reveal what the government knew about … Read more

Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows

Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic … Read more

Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led … Read more

Gold and silver tumble as Trump’s Fed Chair pick Warsh seen as preserving central bank independence

Gold and silver tumble as Trump’s Fed Chair pick Warsh seen as preserving central bank independence

Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve … Read more

Gold rally stalls as prices drop 4% after a sharp run-up; Asia-Pacific stock markets trade mixed

Gold rally stalls as prices drop 4% after a sharp run-up; Asia-Pacific stock markets trade mixed

A jeweller shows gold and silver bars at his shop in downtown Kuwait City on Jan. 12, 2026. Yasser Al-zayyat | Afp | Getty Images Gold and silver prices fell Friday, after hitting record highs a day earlier, as investors book profits after a record-breaking rally this year. Spot gold prices declined over 4% to … Read more

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000 … Read more

Megacap earnings next week could lift a stock market that’s broadening out. Here’s what’s ahead

Megacap earnings next week could lift a stock market that’s broadening out. Here’s what’s ahead

Megacap earnings results next week could lift a stock market that’s broadened out to include a larger number of winners. Earnings kick into high gear next week, with four of the so-called Magnificent Seven companies set to report: Meta Platforms , Microsoft , and Tesla report Wednesday, while Apple posts Thursday. But the group isn’t … Read more

S&P 500 and Nasdaq rise led by tech, Dow struggles as Street wraps up wild week: Live updates

S&P 500 and Nasdaq rise led by tech, Dow struggles as Street wraps up wild week: Live updates

Starbucks could see positive catalyst next week, says Deutsche Bank It’s a big week next week for Starbucks, which is set to report earnings on Wednesday and host an investor day on Thursday. Deutsche Bank anticipates the possibility of some downside risk to the coffee chain’s full-year 2026 guidance, but thinks long-term targets could surprise … Read more