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  • Jan 13, 2025

Trump’s Tariffs Are Coming and Will Include Oil, Alberta Premier Warns

(Bloomberg) -- Canadians should be prepared to face US tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned after meeting the president-elect in Florida. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionThe conservative leader of Canada’s main oil-producing provinc

  • Jan 13, 2025

Super Bowl Bets on Crypto.com Poised for CFTC Review of Legality

(Bloomberg) -- Federal regulators are deciding whether to probe the legality of trading in Crypto.com futures contracts that let investors bet on who will win major football games including the Super Bowl.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionThe five-member Commodity Futures Trading Commission is in the process of voting on

  • Jan 13, 2025

Why Tech Stocks Dropped Monday

Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.

  • Jan 13, 2025

Munis’ Prized January Returns Threatened by Expected Fed Pause

(Bloomberg) -- Growing expectations that the Federal Reserve will hold off on further interest-rate cuts are foiling what should have been a strong month of municipal bond returns.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionBenchmark municipal bond yields climbed as much as 25 basis points last week and edged higher again on Monday

  • Jan 13, 2025

American Electric Power Is Attractive Going Forward, Analyst Double-Upgrades Stock

BofA Securities analyst Ross Fowler upgraded the shares of American Electric Power Company Inc (NASDAQ:AEP) from Underperform to Buy and raised the price target from $98 to $104. The analyst upgraded the stock after the company announced the sale of a 19.9% minority stake in its transmission holding assets for $2.8 billion, along with the appointment of Trevor Mihalik as CFO. The analyst sees the asset sale as a strategic move to meet external equity needs and expect AEP to continue addressing t

  • Jan 13, 2025

Bitcoin Briefly Slides Below $90K, MicroStrategy Buys More

Bitcoin under $90K is not something we've seen since November, but recent economic data dimming hopes of rate cuts caused investor jitters that not even spot bitcoin ETFs inflows or MicroStrategy's latest buy could shake.

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