The S&P 500’s return since Election Day has fallen to around 0.5%. If this trend holds through Inauguration Day, it will mark the worst performance for the broad index between an election and inauguration since Barack Obama took office in 2009. Following Donald Trump’s victory, stocks surged to record highs as investors expected tax cuts … Read more
Hedge fund executive Scott Bessent, tapped to be Donald Trump’s treasury secretary, plans to sell off his investments before taking the top economic role. His plan is outlined in financial disclosures and an ethics agreement released by the Office of Government Ethics ahead of a Senate Finance Committee hearing on Thursday. Source: https://www.washingtonpost.com/business/2025/01/12/bessent-treasury-divest-assets
Decentraland’s (MANA) development activity surpassed that of Flow (FLOW) and Artificial Intelligence Alliance (FET) in the NFT sector over the past month, with FET seeing increased activity despite trailing behind MANA. However, FET’s active addresses and accumulation trends indicate a bullish outlook for the project. The NFT market ended 2024 with a 1.1% increase in … Read more
The second full week of 2025 brings a busy schedule of economic releases, including bank earnings, inflation data, and retail sales reports. Here are five critical events to watch: Major banks will kick off the Q4 earnings season this week, with JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup reporting their results. Investors will … Read more
Cedar Grove Cemetery, located off Beatties Ford Road in Charlotte’s Mecklenburg County, has been a final resting place for prominent locals, military veterans, and regular Black citizens since the 1880s. However, due to neglect, the cemetery fell into disrepair, with overgrown grass and thick undergrowth covering many of the graves. A personal project by UNC … Read more
Several major US banks are set to release their quarterly earnings reports next week, including JPMorgan Chase & Co., Wells Fargo, and Goldman Sachs. Other notable companies such as KB Homes, UnitedHealthcare Group, and Taiwan Semiconductor Manufacturing Company will also report their financial results. The market is expected to get a fresh dose of economic … Read more
US sanctions on Moscow’s oil sector are set to severely limit Russian fossil fuel exports to India and China, according to analysts. The move, which is Washington’s toughest yet, will likely force New Delhi and Beijing to seek alternative suppliers in the Middle East, Africa, and the Americas. The European Union’s decision to pull back … Read more
California’s unenviable insurance climate has come under scrutiny once again, this time due to the recent wildfires that have engulfed Los Angeles, leaving at least 10 people dead and over 100,000 evacuated. State Farm, one of the largest insurance companies in the US, is facing backlash from celebrities and ordinary Californians who have had their … Read more
The current productions of Grief Camp and I’m Assuming You Know David Greenspan at Atlantic Theater Company have been postponed due to an ongoing strike by the International Alliance of Theatrical Stage Employees (IATSE) against the company. The union is seeking better wages, health benefits, and jurisdiction over more theaters. Atlantic Theater Company has offered … Read more
QC Metro is celebrating 16 years of providing local Black media. To test their readers’ knowledge, the publication has created a six-question quiz that allows users to compare their scores with others. The quiz aims to assess how well individuals follow the news on QCity Metro. Readers who achieve a perfect score can submit their … Read more