What is the Santa Claus Rally and Has it Arrived?
The Santa Claus rally has long been attractive to investors looking to end the year on a high note. North American markets have already experienced robust growth throughout 2024, but…
Honda and Nissan officially begin merger talks to create world’s third-largest automaker
Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda CEO Toshihiro Mibe said the…
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.…
Lego is reinventing its iconic brick sets and keeping the toy industry afloat
The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies…
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges…
IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who…
DP Trading Room: Deceptive Volume Spikes
In today’s free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move…
Why Now Might Be the Best Time to Invest in META Stock
When quickly glancing at the StockCharts Technical Rank (SCTR) Reports Dashboard panel, one stock that popped up on Monday, albiet briefly, was Meta Platforms, Inc. (META). The stock has a…
Drag shows, Arabic Sesame Street, lonely rats: GOP senator details how Biden spent $1T on ‘government waste’
Sen. Rand Paul, R-Ky., is calling out the Biden administration for spending over a trillion taxpayer dollars on ‘government waste’ this year, including on a bearded lady cabaret show, Arabic…
Johnson allies urge Trump to intervene as messy speaker battle threatens to delay 2024 certification
Allies of Speaker Mike Johnson, R-La., are urging President-elect Trump to publicly reaffirm support for the House GOP leader to avoid a messy, protracted battle that could delay the certification…