NTD Business (June 12): S&P 500 in New Bull Market; George Soros Gives Control of Empire to Son

Published: 6/12/2023, 6:54:48 PM EDT

The S&P 500 is up 20 percent from its lowest point in October, matching the definition of a bull market.

Billionaire investor turned philanthropist George Soros is giving control of his $25 billion empire to a younger son, Alexander Soros.

Americans’ expectations for inflation a year from now fell to the lowest level in two years, according to a New York Fed report on Monday.