Today's stock market news is highlighted by the Dow pushing into record territory.
Investors are preparing for a busy day of earnings reports, another round of economic data, and testimony before the House of Representatives by Federal Reserve Chair Janet Yellen.
Warren Buffett told the media yesterday that America will "work fine" under President Donald Trump.
His reason: The U.S. "has the secret sauce."
by Alex McGuire
Investors can make over $68,870 a year or more with "26(f) programs."
But the U.S. government is about to ruin it with a new measure that overcharges investors with fees.
Here's when the government plans to implement it...
The Dow Jones Industrial Average was flat in premarket hours as the 2016 Santa Claus rally fizzles.
It appears that the Dow will not hit 20,000 in 2016 even though the index came within 20 points of the psychological barrier this week.
Let's look at the numbers for today, Dec. 29, for the Dow, S&P 500, and Nasdaq.
Warren Buffett managed to amass billions this year…
Especially from the election…
And in spite of his staunch support for Democratic candidate Hillary Clinton...
Ever wonder what the most expensive stocks on the market are? After all, the market is reaching new highs. That means there must be some very expensive stocks pushing the market higher.
Here is our list of the 10 most expensive stocks to buy.
by Shah Gilani
Hedge fund underperformance has sent investors into passive index funds.
But as our expert explains, you can benefit from this massive industry upheaval...
by Shah Gilani
I was excited to get news on Friday that the U.S. Department of Justice was breathing down the neck of ratings agency Moody's Corp. The two parties are "negotiating" over allegations of fraud relating to mortgage bonds that Moody's rated AAA from 2004 to 2007. As we all know, the bonds (and their sterling ratings) turned out to be beer-battered, deep-fried garbage in most cases.
Moody's shares had been coasting along near a 52-week high of $110, but they gapped down to $102.60 on the news and haven't come back since.
They're not likely to, either.
I'm thinking Moody's has a ways to go before it gets out of these woods, meaning its stock could sink a lot lower.
We'll all get the chance to make some money on this lemon, but first let me answer some burning questions about this company that I don't see anyone else asking, like why Loretta Lynch and the Justice Department picked now, of all times, to turn up at Moody's front door.
And the identity of the famous investor that stands to get a good burning on this news...
It's time for a quick Trump fact check…
You see, the GOP presidential candidate made an interesting point during last night's debate about how fellow billionaires George Soros and Warren Buffett game the U.S. tax code.
Here's what Trump said - and if he was right...
