Robinhood, AppLovin, Emcor to Join S&P 500 in Rebalancing

Robinhood Markets Inc. has been added to the S&P 500, marking a new phase for the retail trading platform that helped define the pandemic-era boom in individual investing. The company will join the benchmark in the latest quarterly rebalance, S&P Dow Jones...

OPEC+ Output Signals Spur Options Bets Oil Will Lurch Below $60

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands in recent days, a sign investors are hedging against the risk of another large production hike from OPEC and its allies. Thursday’s trading saw a spike in activity in December $55 and...

Bessent Wants Independent Fed Review, Including Monetary Policy

Treasury Secretary Scott Bessent blasted the Federal Reserve for putting its own independence at risk through “mission creep” and called for an independent review of the US central bank, including its monetary policy. “At the heart of independence lies credibility and...

Vanguard Sees US Stocks Losing to Canada for Years as AI Shifts

Canada’s stock market is beating the US handily in 2025 in a trend that’s just getting started and can run for the next five to seven years, according to Vanguard Group chief economist and head of investment strategy Joe Davis. As artificial intelligence enters the...