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MAY News

Discounts on Closed-End Funds Narrow

The median discount shrank in December over November but was still wider than the average for the year.

Getting Hungry at McDonald's

Heat could be rising on the burger chain to create some value.

Coventry Tapped for S&P 500

The company will replace May after the close of trading today.

REITs' Rut May Be Exaggerated

There are definitely risks, but the same trends that made the sector appealing remain intact.

New Crude High Sinks Stocks

The Dow closes 125 points below its best level of the day.

Breaking News

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Feds Could Stop Trump SPAC Deal

An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.