archive% last year

Peter Berezin told you so — or he tried to, at least.The chief global strategist of BCA Research defied consensus wisdom by predicting late last year that US stocks would sink in 2025 as a full-blown trade war caused a global recession.A few months later, markets have been hit by one of the largest downturns on record caused by unrest from President Donald Trump's tariff policy. Berezin looks brilliant, but he's not gloating."I've been in this business long enough to know that victory laps — more often than not —...

This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Newsmax went public on Monday, raising $75 million from 7.5 million shares. The stock surged 667% in its debut, valuing Newsmax at about $8 billion. Newsmax's valuation is now double that of Trump Media and a third of Fox Corp. Newsmax is seeing wild trades in its first day as a public company. The conservative media company went public on Monday in a mini-IPO, selling 7.5 million shares at...