As cyclical sectors continue to outperform the broader market, with financials up 12% year to date, Nicholas Colas of DataTrek Research says he still sees more upside for the trade. Yahaira Jacquez reports.
The head of trading app Robinhood and Wall Street hedge fund managers on Thursday fielded a barrage of questions in the U.S. Congress about their role in the GameStop trading frenzy, at times being cut off by irate lawmakers. This report produced by Lisa Bernhard.
General Motors said on Wednesday it was further extending production cuts at three North American plants and adding a fourth to the list of factories hit by the global semiconductor chip shortage. Fred Katayama reports.
Myanmar's U.N. Ambassador Kyaw Moe Tun has been fired, state television said on Saturday, a day after he urged the United Nations to use "any means necessary" to reverse the Feb. 1 military coup. Fred Katayama reports.
U.S. President Joe Biden will hold his first bilateral meeting Tuesday with Canadian Prime Minister Justin Trudeau, virtually, where the two leaders will discuss climate change, the COVID-19 response and other bilateral and global issues. Fred Katayama reports.
A federal grand jury indicted nine associates of the "Oath Keepers" militia on Friday for conspiring to storm the Capitol on Jan. 6 to prevent Congress from certifying President Joe Biden's election victory, adding to a list of defendants with ties to the far-right anti-government group. Fred Katayama reports.