Fairmont Office

Brian Deese: What to know about Biden's National Economic Council director

President Biden named Brian Deese as the director of the National Economic Council, making him the White House’s top economic adviser....

Apollo CEO Leon Black to step down following review of Jeffrey Epstein ties

Independent probe finds Black wasn’t involved in disgraced financier’s criminal activities; Marc Rowan to take over top job by July 31...

S&P 500, Nasdaq hit record highs with Apple, Tesla earnings on tap

The Nasdaq Composite soared to a record high ahead of a busy week for tech earnings....

Pelosi's husband bets up to $1M Tesla will flourish during Biden's administration

House Speaker Nancy Pelosi's husband Paul placed a bet of up to $1 million on the future of Tesla Inc. under the Biden administration, which is expected to provide incentives to purchase more envir...

GameStop naysayers see stock squeeze with losses of $6B

GameStop Corp. shares continued to rocket higher Monday as battered and bruised short-sellers who bet against the stock scrambled to exit their losing position....

Stocks trading higher ahead of opening bell as COVID-19 optimism driving US markets

U.S. equity futures were trading higher hours ahead of Monday's opening bell as investors were hopeful on two fronts: Coronavirus vaccines would lead to a strong economy down the road and another d...

China overtook US as top destination for foreign investment last year

China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global econo...

Oil, gas companies sharply slowed search for new fossil fuel resources last year, report says

op oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts....

Montana governor calls on Biden to rethink Keystone Pipeline decision: ‘It’s a lifeline’

Gov. Greg Gianforte, R-Mont., explains why the Keystone XL Pipeline being in operation is crucial for rural Montana and the nation....

Bullish stock bets explode as major indexes repeatedly set records

Options activity is continuing at a breakneck pace in January, building on 2020's record volumes. It is the latest sign of optimism cresting through markets as individual and institutional investor...