Breaking News: Markets
- Trump ban on wind power projects overturned by federal judge - Seventeen states led by New York Attorney General Letitia James sued Trump in May to overturn the president's ban.
- Asia-Pacific markets mostly lower following Wall Street losses ahead of Fed rate decision - The U.S. Federal Reserve starts its meeting Dec. 9 stateside, with the decision expected on Dec. 10.
- Berkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan - MarketsBerkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorganPublished Mon, Dec 8 20256:04 AM ESTJohn Melloy@j
- BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree - Powell noted that leading tech firms have only begun to tap debt markets to fund the next phase of AI expansion, suggesting additional capital is on the way.
- Ray Dalio says Middle East is becoming a 'Silicon Valley of capitalists’ - The UAE and Saudi Arabia have this year launched multibillion-dollar initiatives to build cloud, data centers and other AI infrastructure.
- China's exports rebound in November, massively beating expectations after U.S. trade truce - China's exports jumped more than expected in November as manufacturers rushed to ship out inventory on the back of a trade deal Beijing struck with Washington.
- Asia-Pacific markets set for mostly higher open as investors look toward China trade data - Asia-Pacific markets were set to open mostly higher on Monday as investors look toward trade data coming out of China later in the day.
- Here are the 2 big things we're watching in the stock market in the week ahead - We're in the final stretch of 2025 and entering a deciding week on Wall Street.
- Berkshire Hathaway is on track to lag behind the S&P 500 in Buffett's last year as CEO - With less than a month to go, Berkshire Hathaway's B shares are behind the S&P in their 2025 race. With dividends included, the S&P's lead is even bigger.
- Southwest Airlines cuts earnings outlook on government shutdown demand hit - The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.