Breaking News: Markets
- Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week.
- Biggest offshore wind project in U.S. to resume construction after judge lifts Trump suspension - Coastal Virginia Offshore Wind will resume construction after a federal judge on Friday temporarily lifted the Trump administration's suspension.
- Trump wants tech companies to foot the bill for new power plants because of AI - Utility bills are rising in many parts of the U.S. despite Trump's promise to lower energy prices during his presidential campaign.
- Jim Cramer's top 10 things to watch in the stock market Friday - The S&P 500 was headed for a flat open this morning.
- BlackRock's earnings pass our test with flying colors. What about 2026? - BlackRock capped off what the company described as "one of the strongest years" ever.
- 'Markets are callous': Why stocks aren't fazed by Iran, Greenland or Venezuela - One fund manager described stocks' continued moves higher, despite escalating tensions, as "equity market 'meh.'"
- U.S. attempt to seize Greenland could hurt trade with the EU, French finance minister says - Economic ties between the U.S. and Europe could be damaged if Trump moves to take the Danish territory.
- Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million - America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary.
- Asia markets trade mixed after Wall Street rallies; chip shares in focus after U.S-Taiwan deal - Australian markets climbed marginally to start the day, while Hong Kong is set for a stronger open.
- Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets - Goldman's interest comes as prediction markets gain visibility and debate swirls over market transparency and regulatory boundaries.