JPMorgan sees a modest market gain next year, but notes two threats

JPMorgan is sticking by a resilient growth forecast for the U.S. market in 2025 — calling for further gains fueled by the nation’s continued global dominance coupled with easier monetary policy and broad corporate investment in artificial intelligence-related spending. But risks could come from the stock market’s sky-high valuations and whether the Federal Reserve “opens … Read more

Secret Service shoots near Treasury Secretary Janet Yellen home

Treasury Secretary Janet Yellen delivers remarks on the Inflation Reduction Act after visiting the site of a new paperless processing initiative in McLean, Virginia, on August 2, 2023.  Stefani Reynolds | Afp | Getty Images A U.S. Secret Service agent opened fire near the Washington, D.C., home of Treasury Secretary Janet Yellen after confronting several … Read more

‘Realistic’ green policies good for the U.S., Aramco’s Amin Nasser says

“Realistic” green transition standards will benefit the U.S. energy industry, the CEO of the world’s largest oil producer said Tuesday, as the White House prepares to welcome President-elect Donald Trump in January. Asked to comment on the possibility of a U.S. administration that views hydrocarbons more favorably, Saudi state-controlled Aramco CEO Amin Nasser said, “I … Read more

South Korean president declares emergency martial law

In this handout image provided by South Korean Presidential Office, South Korean President Yoon Suk-Yeol speaks during the declaration of emergency martial law at the Presidential Office on December 03, 2024 in Seoul, South Korea.  South Korean Presidential Office | Getty Images South Korean President Yoon Suk Yeol declared martial law on Tuesday in an … Read more