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President Trump will address the nation Wednesday as his approval ratings are dipping according to several polls.

Medline priced at $29 per share on Tuesday, raising $6.26 billion to cap off a strong year for new listings and bolster optimism about 2026.

By using the Elliott Wave (EW) Principle, we expected in our previous update from December 5, for the NASDAQ 100 (NDX) that

Coinbase is expanding into stocks, advanced trading, prediction markets, and new tools for businesses, developers, and automated financial guidance.

President Donald Trump has been presented with a draft manuscript by prominent constitutional lawyer Alan Dershowitz examining whether the U.S. Constitution definitively bars a president from serving a third term, reopening a long-settled legal and political debate around presidential term limits.

The Wall Street Journal (gated) carries the report.

According to Dershowitz, who previously represented Trump during his first-term impeachment proceedings, the president received and discussed the draft during a recent Oval Office meeting. The forthcoming book, titled “Could President Trump Constitutionally Serve a Third Term?” and slated for publication next year, argues that while the Constitution clearly limits presidents to two elections, it may be ambiguous on other pathways to a third term.

“The Constitution is not clear on whether a president can become a third-term president,” Dershowitz told The Wall Street Journal, emphasising that the question is less about electoral limits and more about succession and procedural outcomes. Trump, he said, treated the discussion as an intellectual exercise and moved on to other topics, adding that he does not believe the president intends to pursue a third term.

Publicly, Trump has maintained that the Constitution is “pretty clear” that he cannot run again, a position echoed by White House chief of staff Susie Wiles in a recent interview. However, comments from other administration figures have kept the issue alive. White House spokeswoman Abigail Jackson said the country would be “lucky” to have Trump serve for a longer period, stopping short of endorsing a legal pathway.

Dershowitz’s book outlines several hypothetical scenarios, including one in which a third election could ultimately be decided by Congress if Electoral College members abstain from voting. Such an outcome would be unprecedented, and the National Constitution Center notes that elector abstentions have been extremely rare and never resulted in a congressional decision.

Legal scholars remain sceptical. Hofstra law professor James Sample described the Electoral College scenario as “absurd,” though he outlined a more plausible, if highly unconventional, route involving allies winning the presidency, resigning, and elevating Trump through the line of succession.

We’ve all been following along with Trump’s economic management since he resumed office in January this year. Policy volatility has been reflected in market volatility, rising inflation, and slowing job growth. Seven more years of this may lie ahead.

This article was written by Eamonn Sheridan at investinglive.com.

President Donald Trump regularly weighs in on Fed decisions, accusing the central bank of moving too slowly to lower interest rates.

TL; DR summary:

• New Zealand GDP rebounded more than expected in Q3

• Production-based GDP rose 1.1% q/q vs 0.9% forecast

• Expenditure-based GDP up 1.3% q/q, also beating estimates
• Annual-average growth remains negative

  NZD reaction modest, reflecting backward-looking nature of data

The investingLive economic calendar gives both the expected and priors if you’d like to keep track:

More detail:

New Zealand’s economy recorded a stronger-than-expected rebound in the September quarter, with official data showing solid gains across both production- and expenditure-based measures.

The quarterly bounce points to a period of improving activity momentum after earlier weakness, likely supported by resilient household spending and a stabilisation in domestic demand conditions through late winter. However, the broader picture remains more mixed. On an annual-average basis, production-based GDP was still down 0.5% in Q3 from a year earlier (i.e. Q3 2025 vs. Q3 2024), underscoring that the economy has yet to fully recover from the earlier downturn.

Market reaction was muted. The New Zealand dollar briefly ticked higher following the release, with NZD/USD popping only a handful of points before settling back, reflecting limited conviction that the data materially alters the near-term macro or policy outlook.

That restrained response highlights an important caveat around GDP data: it is inherently backward-looking. Today’s release largely captures economic conditions from several months ago, before more recent shifts in financial conditions, global growth dynamics, and evolving monetary-policy expectations. In a fast-moving environment, quarterly GDP tends to confirm what has already happened rather than signal what is happening now.

GDP also remains prone to revisions, sometimes meaningful ones, which can further temper its value as a real-time guide for investors or policymakers. As such, while the Q3 upside surprise adds context around New Zealand’s recent growth trajectory, markets are likely to place greater weight on higher-frequency indicators — particularly inflation, labour-market data, business surveys and financial-conditions metrics — when assessing the Reserve Bank of New Zealand’s next move.

This article was written by Eamonn Sheridan at investinglive.com.

The habeas petition by Ghislaine Maxwell comes two day before a deadline for the Department of Justice to release files about Jeffrey Epstein.

Even if the Supreme Court rules Trump tariffs are illegal, high interest rates and fees on predatory loans are leaving some businesses facing years of debt.

The high demand for memory has driven Micron shares higher and they are up 168% in 2025.