Trump Media & Technology Group, the parent company of Donald Trump's Truth Social platform, starts trading on the Nasdaq tomorrow. The Case-Shiller Home Price Index for January is expected Tuesday morning, with economists projecting a rise in prices year over year, though holding relatively steady for the previous month. The report will give insight into the value of single-family homes as interest rates still hover around 7%. On the earnings front, McCormick & Company and GameStop will report tomorrow.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social platform, starts trading on the Nasdaq tomorrow.
The Case-Shiller Home Price Index for January is expected Tuesday morning, with economists projecting a rise in prices year over year, though holding relatively steady for the previous month. The report will give insight into the value of single-family homes as interest rates still hover around 7%.
On the earnings front, McCormick & Company and GameStop will report tomorrow.
Associated Press Finance
Thousands of Southern California hospitality workers overwhelmingly ratified a new contract with 34 hotels after repeated strikes since the summer, their union announced Monday. Workers won higher pay, increased employer contributions to pensions and fair workload guarantees, among other provisions of a contract that received 98% approval, Unite Here Local 11 said in a summary of highlights of the pact which runs until Jan. 15, 2028. Room attendants, cooks and other non-tipped workers will receive wage hikes of $10 an hour over the term of the contract, representing a 40% to 50% increase, the union said.
Investor's Business Daily
Digital World Acquisition, which is now Trump Media & Technology Group after successfully merging with former President Donald Trump's tech and social-media platform, announced Monday that common stock and public warrants are expected to trade on the Nasdaq Tuesday under the ticker symbols "DJT" and "DJTWW," respectively. DWAC shares surged Monday. The move comes after DWAC stockholders voted in favor of the special purpose acquisition company's merger with Trump Media and Technology Group (TMTG) Friday.
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