Musk Is a Majority-Maker, and He Won’t Let Congress Forget It

Republicans have the world’s richest man to thank — at least in part — for helping them secure the slimmest majority in 95 years.  Mike Johnson, fresh off a narrow reelection as US House speaker, now commands the slimmest congressional majority since 1930. It beats...

Austria’s Far-Right Sees Path to Rule for First Time Since WWII

Kickl met with Austrian President Van der Bellen on Monday Attempt to close ranks against Freedom Party fell apart Austria’s far-right leader Herbert Kickl received a mandate from President Alexander Van der Bellen to form a government, putting the Freedom Party chief...

Risk Appetites Dim in Week of New Year’s Angst on Wall Street

Options hedging grows as traders brace for policy uncertainty Risk aversion seen as healthy after bout of gambling spirits The turning of the calendar is an occasion to look ahead. For Wall Street at New Year’s, the verdict on the future is one of trepidation. While...

Ned Davis Warns It May Cut Exposure to US Equities After Selloff

Key stock/bond composite for equities nears bearish territory Thursday note follows worst month for stocks since April Ned Davis Research has kept a bullish recommendation toward US equities for more than a year, but that may change soon if the weakness seen over the...

FBI Warns of Risk Islamic State Will Exploit New Orleans Attack

Officials say suspect Jabbar pledged allegiance to group US has kept troops in Syria to halt Islamic State resurgence US officials are warning that Islamic State will try to use the deadly New Year’s attack in New Orleans to spur more acts of violence, even as they...