The U.S. dollar remains an unabashed beneficiary of Donald Trump’s presidential election win — and it’s relentless rise is causing significant pain for some emerging-market assets and commodities.
Take steps now to avoid a financial mess later.
Biogen’s stock rose 1% Thursday, after Europe’s pharmaceutical regulator issued a positive opinion on the Alzheimer’s disease drug that the company developed with Japanese partner Eisai — reversing an earlier decision not to approve the drug.
Cryptocurrencies are making their way through the plumbing of the financial market — and one of the most interesting ways they’re doing this is by reaching into the U.S. government-debt market.
The chances are “‘pretty high” that income-tax rates will stay where they are after 2025, one expert said.
Trump appears to be choosing between hedge-fund manager Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick, though other names remain in the mix as well for the job.
The Federal Bureau of Investigation seized the phone of Polymarket founder and CEO Shayne Coplan Wednesday, setting off a wave of complaint from crypto boosters who say the raid was politically motivated.
Other expected highfliers include KKR, AMD, Microsoft and Live Nation.
