Rally in small caps just starting: VettaFi’s Rosenbluth suggests

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started to perk up … Read more

India’s quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024.  Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter … Read more

Report: Trudeau to meet with Trump at Mar-a-Lago after speaking against tariffs

Canadian Prime Minister Justin Trudeau will meet with President-elect Donald Trump Friday at Trump’s Mar-a-Lago estate in Florida, Canada’s CBC News reported. The meeting comes in the wake of Trump’s threat to impose tariffs on goods coming from Canada.  Trudeau will dine with Trump at Mar-a-largo Friday night, according to senior sources who spoke to CBC … Read more

Fear of Trump tariffs drive shoppers for Black Friday deals | Retail News

Brushing snowflakes off her hair, Teagan Hickson walked into a Walmart Supercenter in Fort Wayne, Indiana, with hopes of picking up a few holiday deals on Black Friday. The first thing the mother of two spotted: a pallet stacked high with Gourmia digital air fryer ovens for $50 each. Her sister Jordan had been wanting … Read more

OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024.  Maxim Shemetov | Reuters The OPEC+ oil alliance postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told … Read more

Donald Trump selects Kevin Hassett to lead National Economic Council

President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration’s policy-making discussions from trade to taxes and deregulation. Trump made the announcement in a post on Truth Social. He also tapped attorney Jamieson Greer on Tuesday to serve as the U.S. Trade Representative, rounding out … Read more