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The S&P 500 (SNPINDEX: ^GSPC) is regarded by many as the best overall gauge of the U.S. stock market, as it includes the 500 largest publicly traded companies in the country. Given the breadth of businesses that make up the index, it is considered to be the most reliable benchmark of overall stock market performance. To be considered for admission to the S&P 500, a company must meet the following criteria: Be a U.S.-based company Have a market cap of at least $18 billion Be highly liquid At least 50% of its outstanding shares must be available for trading Must…

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SYDNEY (Reuters) -Australia Prime Minister Anthony Albanese said his relationship with U.S. President-elect Donald Trump has had a “very good beginning”, elaborating on a phone call between the pair after the Republican’s U.S. election win. Albanese this week said he told Trump on the call that the United States has a trade surplus with Australia and it was in Washington’s interest to “trade fairly” with its ally. Under the first Trump presidency, Australia won an exemption from U.S. tariffs for its aluminium and steel exports. In remarks broadcast on Sky News on Sunday, Albanese described the call as a “very…

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Palantir’s stock has been a huge winner this year. Palantir Technologies (PLTR 11.14%) has been one of the hottest stocks in the market this year, with the stock trading up more than 246% year to date as of this writing. CEO Alex Karp took a victory lap following his company’s most recent earnings, saying the results were so strong that “I almost feel like we should just go home.” Later he took a swipe at any critics who challenged his sanity in making such a comment. But while Karp has been celebrating the success of his company and its stock,…

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Prediction markets had a breakout moment during the presidential election, when they proved to be more accurate than most opinion polls. So with various cryptocurrencies soaring since Donald Trump won the election, maybe prediction markets can accurately answer the question, “How high will Bitcoin go?” On the crypto-based Polymarket, where the so-called French whale netted a massive post-election windfall, bettors have various options for Bitcoin, which is currently trading at about $91,000. For a contract on what price Bitcoin will hit in November, the odds are 72% that it will reach $95,000. The price with the next highest odds is…

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(Reuters) – An Israeli strike killed 10 Palestinians and wounded at least 20 others on Saturday at a school in Gaza City’s Shati refugee camp currently sheltering displaced families, medics said on Saturday. The U.N.-run Abu Assi school, where rescue operations are ongoing, may still have people trapped under the rubble, health officials said. There was no immediate comment from Israeli officials. The Israeli military reported later on Saturday that two rockets fired at Israel from the northern Gaza Strip were intercepted. The launches show the ability of Palestinian militant groups to fire rockets into Israel despite more than 13…

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Ford’s ultimate off-road vehicle, the Bronco, is a legend in its own right. First introduced in the 1960s, this iconic nameplate was revived for the current generation that debuted in 2021. With retro-inspired styling, versatile configurations, and outstanding trail capabilities, the Bronco is purpose-built for thrilling adventures. Its 2025 competitors include the Toyota Land Cruiser, Rivian R1S, and Jeep Wrangler. What We Think The Ford Bronco exudes nostalgia and style, making it hard to resist its charm. While it delivers plenty of fun and adventure, it isn’t without its flaws. To be clear, the Bronco is no crossover. Those looking…

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As 2024 comes to a close, the arrival of 2025-model-year vehicles signals a shift in the automotive landscape, with a number of beloved models disappearing from dealer lots. Here’s a rundown of cars that won’t see the new year, with more expected to follow. The farewell list includes some longstanding favorites. After a long run, the Nissan GT-R and Titan are bowing out, while Maserati is parting ways with the Ghibli in favor of a more electrified future. But it’s not just the old guard; newcomers like the Bugatti Chiron and the Chevrolet Camaro are also making their final exits,…

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US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, U.S. on November 13, 2024. Allison Robbert | Via ReutersPresident-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He is expected to support Trump’s plan to maximize production of oil and gas and to seek ways to boost generation of electricity, demand for which is…

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By Eduardo Baptista LIMA (Reuters) -Taiwan’s representative at an Asia-Pacific summit met U.S. President Joe Biden on Friday and invited him to visit Taiwan in the near future, with the two men having a “lively” exchange of views, the island’s delegation to the summit said. The Asia-Pacific Economic Cooperation forum is one of the few international meetings both Taiwan and China take part it, though Taiwan does not send its president, given China’s objections. Beijing views the island as its own territory with no right to state-to-state relations. Meeting on the sidelines of APEC summit in Lima, Taiwan’s representative Lin…

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