The Daily News Now! Business

Elon Musk dodges major legal trouble after a judge clears his $1.5 million SEC settlement — no admission of wrongdoing required. The case, sparked by Musk’s secret Twitter stock purchases in 2025, raised eyebrows when the judge questioned whether his political ties to Trump gave him an unfair advantage. While she had reservations about the deal’s fairness, she ultimately upheld it as meeting minim...

Housing-linked stocks took a beating as geopolitical calm and soaring oil prices sent bond yields up, chilling demand and cranking up costs for construction firms like Quanex, Masco, and Hayward. The double hit—less demand plus higher expenses—squeezed profits and sent prices tumbling across the supply chain. Yet, while the market reacted sharply, savvy investors may see value, especially in stead...