Heritage Economist EJ Antony analyzes the December jobs report on 'money making'.
Stocks tumble after a strong-expected jobs report, raising fresh headwinds for the Federal Reserve
-President-elect Trump lashes out at President Biden after aggressive moves on energy drilling
-More Fortune 500 companies are ditching DEI policies
-California wildfires have exposed massive flaws in insurance and preparedness for national disasters
– Inside California's collision insurance regulations
-IRS outlines key dates for 2025 tax season
Stock sink: US stocks fell sharply on Friday as the Dow Jones Industrial Average fell nearly 700 points.…More on the market here. Bitcoin has also trended sharply lower…Live cryptocurrency prices here.
| vaccine | security | the end | change | change % |
|---|---|---|---|---|
| Me: DJI | Dow Jones Average | 41938.45 | -696.75 |
-1.63% |
| SP500 | S&P 500 | 5827.04 | -91.21 |
-1.54% |
| Me: COMP | NASDAQ Composite Index | 19161.627517 | -317.25 |
-1.63% |
Investors didn't like December's stronger-than-expected jobs report. Here's why…Continue reading here.
Video: Why the jobs report is problematic for the Fed.
Not so fast: President-elect Trump vows to overturn President Biden's new ban on drilling…Continue reading here.
Video: Trump talks about American energy independence.
Ditching days: Facebook parent is dialing down corporate policies promoting meta DEI, or diversity, equity and inclusion…Continue reading here. Shortly thereafter, Amazon did something similar…Continue reading here.
Video: Big US companies are quick to reverse DEI.
The California wildfire crisis
California Crisis: Thousands of residents in and around the Palisades lost everything in this week's wildfires, and many were uninsured. As it turns out, states may be liable for insurers dropping coverage…Continue reading here.
Video: Investor Kevin O'Leary slammed California Gov. Newsom as an outrage over the wildfires.
Ditching Cali: These insurers have kissed California goodbye…Continue reading here.
Most Expensive Cali Fire: The California wildfires in January 2025 could go down as the costliest in history…Continue reading here.
Insurance stocks sink
| vaccine | security | the end | change | change % |
|---|---|---|---|---|
| all | THE ALLSTATE CORP. | 181.02 | -10.79 |
-5.63% |
| CB | CHUBB LTD. | 257.71 | -8.94 |
-3.35% |
| TRV | Travelers Cos. INC. | 232.43 | -10.34 |
-4.26% |
| AIG | American International Group Inc. | 70.50 | -0.92 |
-1.29% |
| MCY | Mercury General Corp. | 48.64 | -12.05 |
-19.86% |
Tax Season 2025: The IRS has announced key dates for the upcoming tax season…Continue reading here.
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