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Trump says Big Oil will invest $100 billion in Venezuela as Chevron, Exxon and other major players come to the White House today. Here’s what to watch.
President Donald Trump has invited U.S. oil companies to a meeting at the White House on Friday, which is expected to begin at 2:30 p.m. Eastern time.
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Choppy quarter to come but stocks will take off afterwards, says this strategist
Darius Dale thinks there are at least two more rate cuts to come from the Fed but he’s worried about bonds owing to the government’s unsustainable deficit.
Family office deals cooled off in December, but heirs placed bets in health and media
Investment firms of the ultra-rich didn’t jump into the M&A frenzy during the holiday season.
GM becomes the latest carmaker to write down billions in pivot away from EVs
General Motors warns of yet another EV-related writedown, less than a month after rival Ford Motor announced its own multibillion-dollar charges related to fading demand for EVs.
Used vehicle pricing expected to increase 2% in 2026, a historically stable rate
Cox Automotive expects wholesale prices on the Manheim Used Vehicle Value Index will end this year 2% higher than December 2025.
GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring
GM’s announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market.
Trump wants purchase of $200 billion in mortgage bonds. What that means for mortgage rates.
Freddie and Fannie have been growing their mortgage bond holdings in recent months, but the 30-year fixed mortgage is still above 6%.
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