After two straight years of big gains, energy stocks could outperform the market again in 2023, but this time it will be higher dividends rather than oil that will spur appetite for the sector.
Former President Donald Trump’s personal and business financial losses have shielded him from paying much income tax since 2015, according to documents made public by the House Ways and Means Committee.
The jet era that globalized air travel for half a century was brought to an abrupt halt with Covid. Now, planes are back in the skies but flying’s proliferation is in reverse: Fewer aircraft are plying a smaller network and fares are up.
Pop star Justin Bieber is set to score a massive deal that would put his music rights under the ownership of Hipgnosis Song Management, an investment entity backed by Blackstone Inc., according to people familiar with the matter.
Elon Musk is “not suited” to run Twitter Inc. and should instead focus on repairing the damage his acquisition has done to Tesla Inc.’s brand, according to an investor in both companies.
Oil rallied to the highest since early December as US crude inventories fell more than anticipated.
Cannabis ETFs endured steep losses this year alongside other risky bets, but the onslaught accelerated in December after a regulatory disappointment.
New York state will kick off legal recreational marijuana sales on Dec. 29, just in time to meet its goal of launching regulated, taxed sales before the end of the year.
(Bloomberg) — Six Flags Entertainment Corp., the theme-park operator, met with an activist investor advocating for a sale or separation of the company’s real estate holdings but said its own plan is working.
