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Why New Fortress Energy Stock Imploded This Week

May 16, 2025
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Shares of New Fortress Energy (NFE -4.58%) were in free fall this week. The company’s stock plummeted 62.7% as of 1:55 p.m. on Friday.

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Brian Windhorst Says Warriors Have Path to Giannis Trade, But Can't Win 'Bidding War'

May 16, 2025
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ESPN’s Brian Windhorst believes Giannis Antetokounmpo may have to express interest in a trade to the Golden State Warriors in order for the Warriors

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Dow Jones Industrial Average tests higher despite slump in consumer sentiment

May 16, 2025
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The Dow Jones rose slightly on Friday, clipping into fresh weekly highs. Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment

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Federal Reserve will reduce staff by 10% in coming years, Powell memo says

May 16, 2025
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The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older

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Federal Reserve to cut its workforce by 10% in coming years

May 16, 2025
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<!–> Kudlow panelists David Bahnsen and EJ Antoni discuss the possibility of removing Fed Chair Jerome Powell from office. The Federal Reserve is planning

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Tesla's board chair made $198 million selling stock as profit fell

May 16, 2025
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In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board,

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Wall Street Stays Calm as Stellar Week for Markets Winds Down

May 16, 2025
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Investors were in a laid-back mood at the end of what’s been a stellar week for the stock market. The Cboe Volatility Index, a

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Mark Cuban eyeing new sports investing venture after ‘Shark Tank’ exit

May 16, 2025
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Mark Cuban’s post-“Shark Tank” plans appear to be taking shape. As the Dallas Mavericks minority owner wraps his 14-year run on the popular ABC

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Gold price plummets over 4% this week as risk sentiment improves

May 16, 2025
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Gold price tumbles over 1.50% on the US-China tariff truce and related capital shift toward risk assets. US data shows slowing Retail Sales and

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Stock Market Gains Accelerate as S&P Goes for Best Week Since April Tariff Rollback

May 16, 2025
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The stock market was picking up steam on Friday with the major indexes on track for their best week since President Donald Trump delayed

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