Democrats’ capture of Congress could increase scrutiny of Trump’s mining and energy agenda, while electricity-cost concerns may support permitting talks.
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Stock Market Today: Dow, S&P 500, Nasdaq Plunge In Dramatic Reversal, Giving Back Post-election Rally Gains
U.S. stocks fell sharply Thursday as chip and AI shares sold off, erasing Wednesday’s post-election gains. The Nasdaq was down 5% in late trading.
Freeport Approves $4.5B Bagdad Copper Expansion
Freeport approved a $4.5 billion Arizona mine expansion targeting more than 400 million pounds of annual copper output from mid-2030.
Tech Selloff: Are AI Spending Concerns Justified?
The Nasdaq 100 fell more than 9% from its Oct. 6 peak to month-end as investors questioned the scale of major tech firms’ AI spending.
Did I Miss My Chance To Do A Roth Conversion?
A 75-year-old taking RMDs may still convert part of a traditional IRA, but taxes, Medicare premiums and inheritance goals affect the decision.
Next-day Securities Settlement, Tokenisation And The Transformation Of Europe’s Financial Infrastructure
Europe plans to cut securities settlement from two days to one on 11 October 2027, as the ECB links the change to wider market modernisation.
QQQ Vs SPY: What $1,000 Invested 20 Years Ago Is Worth Now
Kiplinger estimates $1,000 invested in QQQ 20 years ago would be worth $20,000 today, versus $8,000 in SPY, with greater volatility for QQQ.
Uranium Shares Slide Even As Analysts See Tighter Supply
Uranium mining indexes fell in September as market pressures and project risks weighed on shares, despite forecasts for tighter supply and higher prices.
My First $1 Million: Retired Banking VP, 70, Bexley, Ohio
A 70-year-old retired banking vice president from Bexley says steady investing and living below his means helped him reach $1 million in his mid-30s.
Kipp Acquired By LTVCo-led Investor Group For US Push
The investor group will back Kipp’s U.S. expansion. Deal terms were not disclosed, and the fintech will continue operating independently.