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Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain
For years, the crypto industry has complained about the Securities and Exchange Commission's hardline stance, and its refusal to develop rules that account for blockchain's distinct technology. One firm, though, claimed the SEC's current crypto rules are just fine. This stance has paid off as the…
Published: 2024-11-26 02:56:40
Trump’s Bessent pick for Treasury boosts hopes for year-end stock-market rally
Published: 2024-11-26 02:56:25
Walmart rolls back DEI policies, says it’s ‘willing to change’ after activist’s anti-woke campaign
Walmart rolls back DEI policies, says it’s ‘willing to change’ after activist’s anti-woke campaign By Daniella Genovese, Fox Business Published Nov. 25, 2024, 7:14 p.m. ET Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing…
Published: 2024-11-26 02:56:19
Thai government roiled by opposition to Cambodia joint gas projects
BANGKOK -- Thai conservatives are putting pressure on the government to end negotiations with Cambodia on joint development projects in resource-rich undemarcated sea areas, warning of a possible loss of territory. Protesters likened the talks to treason as they demonstrated in front of Prime…
Published: 2024-11-26 02:56:18
Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
Gold prices lost about 3% after President-elect Donald Trump picked Scott Bessent as his Treasury secretary, with reports of Israel and Hezbollah nearing a ceasefire deal also eroding the safe-haven metal's appeal. Spot prices of the yellow metal dropped 3.44% to $2,616.80 per ounce, according to…
Published: 2024-11-26 02:56:12
A list of companies that have backed down on DEI, including Walmart, Ford, and Harley-Davidson
Walmart is among the latest companies reversing course on its DEI programs amid backlash from conservative activist Robby Starbuck. Alexanderstock23/Shutterstock Walmart is pulling back its DEI programs amid backlash from a conservative activist. Robby Starbuck has led social media campaigns…
Published: 2024-11-26 02:56:16
Macy's $132 million mystery has auditing experts scratching their heads
Macy's said it discovered an employee intentionally made accounting errors totaling $132 to $154 million. Auditing experts told BI the available evidence suggests a failure of internal accounting controls. They said the issue should have been caught much earlier —regardless of any single…
Published: 2024-11-26 02:45:39
Rocket Lab Lands CHIPs Award, Successful Missions; SpaceX Launch On Deck
The space industry docket for Monday is packed with a slew of rocket launches and acquisition news. SpaceX already completed one launch of Starlink satellites early Monday. It has another potentially on tap for tonight. Meanwhile, rival Rocket Lab (RKLB) successfully launched two missions in the…
Published: 2024-11-26 02:45:13
Trump Vows 25% Levy For Canada, Mexico; Ramps Up Promised Tariffs On 'Drug-Pushing' China
Trump Vows 25% Levy For Canada, Mexico; Ramps Up Promised Tariffs On 'Drug-Pushing' China Just when you thought his choice of Scott Bessent as Treasury Secretary had tamped down the market's 'tariff tensions', President-Elect Trump reminded everyone who is in charge tonight with drugs and open…
Published: 2024-11-26 02:45:26
Google, Meta urge Australia to delay bill on social media ban for children
Google and Facebook-owner Meta Platforms urged the Australian government on Tuesday to delay a bill that will ban most forms of social media for children under 16, saying more time was needed to assess its potential impact.
Published: 2024-11-26 02:45:28
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs
Published: 2024-11-26 02:45:39
Walmart becomes the latest company to walk back DEI initiatives
Walmart said it was rolling back some DEI initiatives. Paul Weaver/SOPA Images/LightRocket via Getty Images Walmart is scaling back some of its DEI efforts. The company was under pressure from anti-DEI activist Robby Starbuck. A spokesperson said some of the changes had been in the works for a…
Published: 2024-11-26 02:45:31
Blue Yonder ransomware attack disrupts grocery store supply chain
Supply chain management firm Blue Yonder is warning that a ransomware attack caused significant disruption to its services, with the outages impacting grocery store chains in the UK. Blue Yonder (formerly JDA Software) operates as a Panasonic subsidiary with an annual revenue of over a billion USD…
Published: 2024-11-26 02:34:23
Asian markets mixed after Trump's tariff announcement
Major stock market indexes in Asia traded mixed on Tuesday following US President-elect Donald Trump's pledge to impose new tariffs on imports, rising concerns about potential disruptions in globa...
Published: 2024-11-26 02:34:33
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring chipmaker Intel is said to have cooled, Bloomberg News reported on Monday, citing people familiar with the matter.
Published: 2024-11-26 02:34:42
Hong Kong stocks recover from 2-month low as investors assess Trump’s new China tariffs
Hong Kong stocks recover from 2-month low as investors assess Trump’s new China tariffs Trump said he would impose an additional 10 per cent tariff on goods from China The Hang Seng Index rose 0.6 per cent to 19,258.09 as of 10.04am local time. The Hang Seng Tech Index gained 0.5 per cent. On the…
Published: 2024-11-26 02:34:30
Microsoft’s Response to Its Major Outage Is the 1 Thing No Company Should Ever Do
Microsoft Outlook and Teams went down, and the company’s response isn’t helping anything.
Published: 2024-11-26 02:56:21
Japan's steady corporate service inflation bolsters BOJ rate-hike view
The Bank of Japan is watching service-sector inflation for clues on whether demand-driven price gains are broadening enough to justify further raising interest rates.
Published: 2024-11-26 02:34:30
A look at Bluesky's moderation efforts amid a growth spurt; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100
This article includes references to child sexual abuse material (CSAM). Aaron Rodericks didn’t know what he was looking at. A post on Bluesky featured a sexualized image of a dragon that shared visual similarities with a human child. It had been reported to the company as a potential violation of…
Published: 2024-11-26 02:23:33
Walmart becomes latest - and biggest - company to roll back its DEI policies
Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists
Published: 2024-11-26 02:45:31
"We Can Forget Business As Usual": One Bank's Forecast For The US Economy Under Trump 2.025
"We Can Forget Business As Usual": One Bank's Forecast For The US Economy Under Trump 2.025 This morning, Deutsche Bank published its World Outlook for next year entitled “Navigating Trump 2.025” (available to pro subscribers in the usual place). It includes all of the German bank's global…
Published: 2024-11-26 02:23:28
China envoy warns US tariffs could affect global relations
China's Ambassador to Australia, Xiao Qian (pictured) said that United States trade policies, including potential tariffs, will influence China and other nations. Speaking at a press conference ...
Published: 2024-11-26 02:23:28
Stock futures slip after Dow closes at another record: Live updates
Stock futures slipped in overnight trading Monday, after the Dow Jones Industrial Average closed at a new record. Futures tied to the Dow slid 144 points, or 0.3%. S&P 500 futures fell 0.4%, and Nasdaq 100 futures dropped 0.5%. On Monday evening, President-elect Donald Trump called for a 25%…
Published: 2024-11-26 02:12:28
JGBs Edge Higher, Tracking Gains in U.S. Treasurys
JGBs edged higher in the morning Tokyo session, tracking overnight price gains in U.S. Treasurys.
Published: 2024-11-26 02:23:39
Fitch places some Adani bonds on negative watch after US bribery charges
Ratings agency Fitch has put some of Adani Group's bonds on watch for a possible downgrade after some of the firm's key executives were indicted by U.S. authorities on bribery charges.
Published: 2024-11-26 02:23:29
U.S. dollar gains after Trump vows tariffs against Mexico and Canada
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25 per cent tariff on all products coming in to the United States from Mexico and Canada. The dollar rose over 2 per cent against the Mexican peso and 1…
Published: 2024-11-26 02:12:36
Walmart becomes latest – and biggest – company to roll back its DEI policies
Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists.
Published: 2024-11-26 02:34:30
3 Reasons Why Domino's Pizza Stock Could Be a Great Buy for Investors Who Think Like Warren Buffett
On any given morning in Omaha, Nebraska, one can expect to find Warren Buffett buying breakfast at the local McDonald's. The billionaire investor loves to stop by the hamburger chain on his way to the office to run his trillion-dollar empire Berkshire Hathaway. But when it comes to Berkshire's…
Published: 2024-11-26 02:01:40
Advertisers Are Reportedly Returning to Elon Musk's X. This Little-Known Software Company Just Partnered With X and Could Be the Surprise Winner of This News
Billionaire Elon Musk purchased Twitter in 2022 and rebranded the social media platform as X. In the wake of Musk's takeover, many advertisers left the platform and took their ad spending with them. X is no longer a publicly-traded company so investors aren't privy to its financials. But the…
Published: 2024-11-26 02:01:30
Should You Forget Nvidia and Buy These 2 Millionaire-Maker Stocks Instead?
Nvidia has been one of the hottest stocks on the market in the past couple of years, as shares of the semiconductor giant have shot up remarkably thanks to the stunning demand for artificial intelligence (AI) chips deployed in data centers. However, a closer look at its returns in the past decade…
Published: 2024-11-26 02:01:29
Pakistan tightens online censorship with crackdown on VPNs
ISLAMABAD -- Pakistan is set to ban most Virtual Private Networks (VPNs), putting it on the path of countries including China and Russia that have throttled Internet access to crack down on dissent. Islamabad said it is trying to curb militancy and online crime. But the planned ban, expected to…
Published: 2024-11-26 02:01:27
Stock-Split Watch: Is Netflix Next?
Netflix (NASDAQ: NFLX) may be the forgotten big tech stock to some. After all, the streaming giant was once a member of the vaunted FAANG group of stocks, an acronym for the elite tech stocks that dominated much of the last decade. However, Netflix is the only stock from that group to not be…
Published: 2024-11-26 02:01:13
How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire
Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: ‘We need to kill this.’
Published: 2024-11-26 02:12:37
'No one will win a trade war,' China says after Trump tariff threat
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan. 20.
Published: 2024-11-26 02:01:26
Trump Could Prompt Supreme Court Ruling On Birthright Citizenship
Trump Could Prompt Supreme Court Ruling On Birthright Citizenship Authored by Sam Dorman via The Epoch Times (emphasis ours), Among President-elect Donald Trump’s plans for immigration is a move to end a longstanding practice of granting something known as “birthright citizenship” to children…
Published: 2024-11-26 02:01:11
Dwayne 'The Rock' Johnson Reveals Controversial Stance on Viral Pop Culture Debate
The 'Moana 2' star recently took a stance about a viral debate.
Published: 2024-11-26 02:01:03
Telegram's H1 2024 unaudited financial docs: $525M in revenue, up 190% YoY, a $335M post-tax profit, and digital assets worth $1.3B, up from $400M at 2023's end
Published: 2024-11-26 01:50:28
Ransomware attack on Blue Yonder hits Starbucks, affecting ability to track workers' hours
A hack on a third-party software provider is affecting Starbucks' ability to track baristas’ hours and manage their pay, the company said Monday. Blue Yonder, a major software supply-chain company, has been hit by a ransomware attack that was announced by the company Nov. 21. Blue Yonder said in a…
Published: 2024-11-26 01:50:27
A big investor says Sleep Number’s board can’t be trusted on this crucial matter
After a long slump for Sleep Number Corp.’s stock price and weaker demand for its smart mattresses, one big investor, Stadium Capital Management, went public with its frustrations with the company on Monday, calling for a shakeup of its board and changes to what it said was a “flawed” search…
Published: 2024-11-26 02:12:36
Walmart becomes the latest - and biggest - company to pull back back on diversity, equity and inclusion initiatives
Walmart becomes the latest - and biggest - company to pull back back on diversity, equity and inclusion initiatives Walmart becomes the latest - and biggest - company to pull back back on diversity, equity and inclusion initiatives ByThe Associated Press November 25, 2024, 8:29 PM NEW YORK --…
Published: 2024-11-26 02:45:35
Without urgent investment in culture, Ukraine faces risk of a lost generation, new report warns [Advocacy Lab Content]
Europe is ensuring that Ukraine’s culture endures as an act of resistance, but more funding is needed to help Ukraine’s artists build back and build forward.
Published: 2024-11-26 01:50:08
Hamas top leader backs Hezbollah-Israel ceasefire
Osama Hamdan, one of Hamas' top leaders and a member of its political wing in Lebanon, came out in support of a ceasefire between Hezbollah and Israel, according to Al Maydeen. Hezbollah previous...
Published: 2024-11-26 01:50:10
The Human Side of Digital Transformation
Lead with emotional intelligence in a tech-driven world.
Published: 2024-11-26 01:50:16
FinCEN Aims to Expand Public-Private Partnerships Combating Fraud
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) said it aims to expand public-private partnerships by joining The National Task Force on Fraud and Scam Prevention. Convened by the Aspen Institute Financial Security Program, the national task force brings…
Published: 2024-11-26 02:12:12
Trial of Controversial Alzheimer’s Drug Halted After Disappointing Results
Cassava Sciences said that its drug did not significantly reduce cognitive decline in 1,900 people with mild to moderate Alzheimer’s disease.
Published: 2024-11-26 01:50:36
Drake alleges Universal and Spotify falsely inflated Kendrick Lamar diss track ‘Not Like Us’
Drake has begun legal action against Universal Music Group and Spotify, alleging they conspired to falsely pump up the popularity of Kendrick Lamar’s “Not Like Us.”.
Published: 2024-11-26 02:12:08
Oil falls on potential deal to end Israel-Hezbollah conflict
Oil prices slipped in early trade on Tuesday, extending declines from the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil's risk premium.
Published: 2024-11-26 01:50:11
How investigators say a star fund manager illegally took $600 million from some clients and steered it to others
Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones held by preferred clients at the expense of funds held by less-favored customers, investigators say.
Published: 2024-11-26 02:12:35
'No Debate' That Charges Against Trump 'Constitute Crimes': Ex-Trump Lawyer
"There's really no debate about the facts and there's no debate that the facts constitute crimes," Ty Cobb said on CNN.
Published: 2024-11-26 01:39:16
My fellow senators are in a race against the clock to confirm Biden's judicial nominees
President Joe Biden shakes hands with Judge Ketanji Brown Jackson during an event celebrating her confirmation to the U.S. Supreme Court on the South Lawn of the White House on April 8, 2022.
Published: 2024-11-26 01:50:28
Blinken lauds UAE for swift action on rabbi's murder
United States Secretary of State Antony Blinken spoke with United Arab Emirates (UAE) Foreign Minister Abdullah bin Zayed al-Nahyan about the recent death of Rabbi Zvi Kogan, an Israeli-Moldovan citiz...
Published: 2024-11-26 01:39:12
Dealing with a healthcare crisis, lessons from Ukraine
Ukraine’s Deputy Health Minister told Euractiv, Ukraine's number one health risk is infectious diseases. They are prioritising vaccine-preventable diseases, then water and food security.
Published: 2024-11-26 01:39:31
Russia May Deploy New Missile Units In Asia If US Missiles Appear There
Russia May Deploy New Missile Units In Asia If US Missiles Appear There The Pentagon has been engaged in recent discussions involving the potential for deploying missile units to southeast Asia, and specifically Japan, as a contingency in the scenario that China moves militarily against Taiwan.…
Published: 2024-11-26 01:39:19
China blunder, U.S. uncertainty mark Prabowo's debut foreign trip
JAKARTA -- Prabowo Subianto returned home from his debut foreign trip as Indonesian president with a mixed bag of outcomes -- including $18.5 billion worth of new agreements, a geopolitical gaffe involving Beijing and rising uncertainty over the fate of the U.S.-Indonesia partnership. The former…
Published: 2024-11-26 01:28:34
How Jenna Bush Hager Roasted Hoda Kotb and Kathie Lee Gifford on 'Today'
The 'Today With Hoda and Jenna' co-host joked about her role on the popular morning show her current and former co-hosts.
Published: 2024-11-26 01:28:13
Supply chain management vendor Blue Yonder succumbs to ransomware
Supply chain management vendor Blue Yonder succumbs to ransomware And it looks like major UK retailers that rely on it are feeling the pinch US-based supply chain SaaS vendor Blue Yonder has revealed a service disruption caused by ransomware, and its customers are reportedly struggling to get…
Published: 2024-11-26 01:39:16
Why a Californian Entrepreneur Moved to Bali to Enjoy a $254,000 Annual Lifestyle
Digital-era entrepreneurs whose businesses exist entirely in cyberspace have unparalleled flexibility with their personal logistics. Not only can they work from anywhere they choose with a high-speed WiFi connection, but so can all of their employees. E-commerce has become enormously liberating…
Published: 2024-11-26 01:39:16
Trump says Mexico and Canada will get hit with 25% import tariffs on all goods once he takes office
President-elect Donald Trump has announced sweeping import tariffs on goods from Canada, Mexico, and China. Justin Sullivan/Getty Images President-elect Donald Trump announced sweeping tariffs on imports on goods from Canada, Mexico, and China. He says he plans to impose a 25% tariff on goods from…
Published: 2024-11-26 01:39:07
Private-sector paydays threaten Mike Johnson's House majority
House Republicans' hunt for cold, hard cash threatens to further complicate Speaker Mike Johnson's majority — which is on track to be the narrowest since the Great Depression. Why it matters: Johnson's power flows from his close bond with President-elect Trump. Keeping that power will depend on…
Published: 2024-11-26 01:28:22
Trump says he will quickly impose tariffs of 25% on goods from Canada and Mexico
President-elect Donald Trump vowed Monday to impose tariffs of 25 percent on both Mexico and Canada on his first day in office as part of an effort to crack down on migration and the flow of fentanyl into the U.S. “As everyone is aware, thousands of people are pouring through Mexico and Canada,…
Published: 2024-11-26 01:28:26
EU clinical trial rules not competitive with US and Asia, says Dutch pharma association
China has doubled its clinical trials since 2018, while clinical studies by companies in the Netherlands fell from 282 to 210 in five years.
Published: 2024-11-26 01:28:04
Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer other in-app payment processing options
Published: 2024-11-26 01:17:38
Microsoft Outages: Some Outlook And Teams Users Recover As Company Deploys Fix
Topline Microsoft has deployed a fix to restore email and calendar services to thousands of users who reported outages, leading to “incremental recovery” as of Monday evening—but when exactly the programs will completely come back online is still unclear. Key Facts More than 5,300 people had…
Published: 2024-11-26 01:17:22
Google and the DOJ make their final arguments in the ad tech monopoly case
Google and the Department of Justice met one final time in an Alexandria, Virginia courtroom to debate the future of Google’s online ad tech juggernaut. Over about three hours of closing arguments, attorneys for each side delivered their last arguments before US District Court judge Leonie…
Published: 2024-11-26 01:17:17
California proposes its own EV buyer credit — which could cut out Elon Musk's Tesla
Gov. Gavin Newsom's proposal for an EV buyer credit would exclude Elon Musk's Tesla models. Mario Tama/Getty Images; Allison Robbert-Pool/Getty Images Gov. Gavin Newsom plans to revive California's EV rebate if Trump ends the federal tax credit. But Tesla, the largest maker of EVs, would be…
Published: 2024-11-26 01:28:06
They bought an abandoned house in rural Japan for $6,500. Now, they're renting it out on Airbnb for $130 a night
The Benton's akiya has been transformed into a guesthouse. Dani Benton. Dani and Evan Benton moved to Japan on a startup business visa in 2023. They bought an abandoned house for $6,500 and turned it into a guesthouse. The couple has also started a homestead with a farm and a beekeeping…
Published: 2024-11-26 01:17:16
CNBC Daily Open: Investors really like Trump’s Treasury secretary pick
Investors like Scott Bessent because, as a hedge fund founder, he brings to the job an understanding of Wall Street and is presumably supportive of markets.
Published: 2024-11-26 01:17:20
Gold Lower as Safe-Haven Appeal Sours
Gold was lower in early Asian trade after the precious metal fell 3.4% on Monday, its biggest daily percentage decline since early November.
Published: 2024-11-26 01:28:16
Oil Lower as Israel-Hezbollah Ceasefire Moves Closer
Oil was lower in early Asian trade as the Israel-Hezbollah ceasefire moves closer, according to a commentary by Quantum Commodity Intelligence.
Published: 2024-11-26 01:28:04
Trump says he plans to enact new tariffs on Canada, China and Mexico on his first day in his office
President-elect Donald Trump on Monday said his incoming administration would slap new tariffs on imported goods from Mexico, Canada and China, solidifying a key campaign promise that could have a major impact on trade.
Published: 2024-11-26 01:28:28
Trump threatens China, Mexico and Canada with new tariffs
The president-elect said he plans to impose 25% tariffs on Mexico and Canada and an additional 10% on China on his first day in office.
Published: 2024-11-26 01:28:12
Judge Sets Trial Date for FTC Antitrust Lawsuit Against Meta
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov. 25), Reuters reported. The FTC sued Meta in 2020, alleging that Meta, which was then known as…
Published: 2024-11-26 01:17:41
Russian State TV Host Threatens Strikes on NATO Countries
Kremlin propagandist Vladimir Solovyov said that European NATO bases could be attacked without warnings to civilians.
Published: 2024-11-26 01:17:29
Lott: Illegal Migrants Less Likely To Commit Crime? Guess Again..
Lott: Illegal Migrants Less Likely To Commit Crime? Guess Again... Authored by John R. Lott Jr. via RealClearInvestigations, In June, Victor Martinez-Hernandez was charged with the murder of Rachel Morin, a mother of five in Maryland. Police in Oklahoma tracked the accused repeat offender down…
Published: 2024-11-26 01:06:43
Dollar Shoots Up After Trump Tariff Comments
The U.S. dollar shot up after President-elect Donald Trump pledged that he would slap steep tariffs on Mexico, Canada, and China soon after taking office.
Published: 2024-11-26 01:06:23
Dollar gains after Trump vows tariffs against Mexico and Canada
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.
Published: 2024-11-26 01:06:19
Russia intercepts 2 drones over Bryansk
Two Ukrainian unmanned aerial vehicles (UAVs) were detected and downed by the Russian air defense forces over the Bryansk region, according to a Telegram post by region head Alexander Bogomaz. "...
Published: 2024-11-26 01:06:15
Archaeologists Find Prehistoric Stone Circle Similar to 'Early' Stonehenge
Investigations also uncovered evidence of a second stone circle and other prehistoric remains in the area.
Published: 2024-11-26 01:06:34
Brazil antitrust body rules Apple must lift restrictions on in-app payments
Published: 2024-11-26 00:55:15
Here's How High MicroStrategy Stock Can Climb As Bitcoin Races To New Highs
Published: 2024-11-26 00:55:06
Google Developer Program gains new features, but you’ll have to pay for them
In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize…
Published: 2024-11-26 00:55:22
Trump Threatens 25% Tariff on Canada and Mexico, Potentially Crippling Trade
The president-elect said that he would impose the tariff on Day 1 and that it would stay in place until Canada and Mexico halted the flow of drugs and migrants across U.S. borders.
Published: 2024-11-26 00:55:22
Trump threatens steep tariffs on Canada, Mexico, and China
US President-elect Donald Trump plans to impose a 25% tariff on all products from Mexico and Canada and an additional 10% tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs. "On January 20th, as one of my many first Executive Orders, I will sign all…
Published: 2024-11-26 02:45:40
Angela’s ashes: Germany’s former chancellor sets out to restore her reputation
Germany’s former chancellor sets out to restore her reputation But her new memoir is unlikely to change her critics’ minds Few world leaders have left office as lauded as Angela Merkel. When she stepped down as chancellor in 2021, after 16 years, Germany’s economy was the envy of Europe. Mrs…
Published: 2024-11-26 00:55:12
Russia downs 4 drones in Rostov region
Russian air defense forces shot down four Ukrainian unmanned aerial vehicles (UAVs) in the Rostov region on Tuesday, according to the region's acting governor, Yuri Slyusar. "Since midnight ...
Published: 2024-11-26 00:55:29
Markets react to Trump's tariff vow
U.S. President-elect Donald Trump said on Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
Published: 2024-11-26 00:55:09
These Are The Countries That Triggered Democrats Are Moving To After Trump's Resounding Victory
These Are The Countries That Triggered Democrats Are Moving To After Trump's Resounding Victory As triggered Democrats sought to deal with the PTSD of a Trump election victory, Visa website La Vida reported a dramatic 2,300 percent increase in U.S. site traffic on election day, according to…
Published: 2024-11-26 00:44:10
Mortgage rates rise as uncertainty surrounds Trump policy ideas
Home buyers may have to wait until 2025 for mortgage rates to decrease. The average 30-year mortgage rate rose to 6.84% last week, continuing its consistent weekly increase since September. The moderate housing market during the past two years doesn’t yet appear to be gathering major momentum.…
Published: 2024-11-26 00:55:27
My mom had me in her 40s, months after her mother died. Now that I'm older, I get why she did it
says she was a sorrow baby. Johner Images/Getty Images/Johner RF My mom had me nine months after my grandmother died — I was a sorrow baby. She was 42 and my siblings were all teenagers by the time I was born. Now I'm in my 40s and losing my mom to dementia and I get why she had me. My mother's…
Published: 2024-11-26 00:43:46
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social.
Published: 2024-11-26 00:43:58
DOJ wraps up ad tech trial: Google is “three times” a monopolist
One of the fastest monopoly trials on record wound down Monday, as US District Court Judge Leonie Brinkema heard closing arguments on Google's alleged monopoly in a case over the company's ad tech. Department of Justice lawyer Aaron Teitelbaum kicked things off by telling Brinkema that Google…
Published: 2024-11-26 00:33:14
Hyundai and General Motors may team up on an unusual but profitable car
Back in September, South Korean automaker Hyundai (HYMTF) and Detroit Big Three automaker General Motors (GM) announced and signed a Memorandum of Understanding (MoU), an agreement on paper that recognizes the two companies' interest in a joint venture. In a statement at the time, GM CEO Mary…
Published: 2024-11-26 00:44:27
In Taiwan, Trump Actually Has Allies With Democrats
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Key Points: Though support for Taiwan’s independence is divided, Trump is expected to concentrate on armaments sales and bolstering of Taiwan’s…
Published: 2024-11-26 01:39:22
Trump promises specific tariffs on China, Canada and Mexico
If enacted, they would violate the 2020 deal that the United States inked with Canada and Mexico during Donald Trump’s first term.
Published: 2024-11-26 00:43:57
Macy's is selling a 'super comfortable' $269 weighted blanket for just $53, and shoppers say it's 'perfect'
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Cozy and comfortable are two adjectives that we all want to feel in the wintertime. And there's no better way to do that than with warm and relaxing pillows,…
Published: 2024-11-26 00:44:10
Trump Says He Will Impose 25% Tariffs On Canada, Mexico On First Day Of Office And Extra Tariffs On China Until They 'Pay Attention'
President-elect Donald Trump has announced plans to impose a 25% tariff on all products from Mexico and Canada in response to the ongoing border crisis, stirring economic concerns. What Happened: Trump took to Truth Social on Monday, to express his concern over the increasing number of people…
Published: 2024-11-26 00:44:11
Dollar rebounds on Trump tariff warning; stocks point lower
The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States.
Published: 2024-11-26 00:33:08
Tradepulse Power Inflow Alert: Coinbase Global Inc. Climbs Over 20 Points After Signal
STOCK CLIMBS OVER 7% AT ITS HIGH, SIGNAL OCCURS AFTER EARLY WEAKNESS IN COIN Coinbase Global, Inc. (NASDAQ:COIN) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:01 AM on…
Published: 2024-11-26 00:43:52
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose more than 2% in extended trading. "We believe that the world is still in…
Published: 2024-11-26 01:28:20
HSBC Sees ‘Unattractive’ Risk Reward for Goldman Sachs, Morgan Stanley
Published: 2024-11-26 00:32:55
Healthcare Cash Crunch: Complex Payments and Sidelined Treasurers Strain Financial Health
Healthcare is among the largest and most complex of industries in the United States. As estimated by the Centers for Medicare and Medicaid Services, the sector accounts for more than $4.3 trillion in spending and more than 17% of total U.S. GDP, as measured in 2022. PYMNTS Intelligence has…
Published: 2024-11-26 01:17:38
Trump plans new tariffs on Canada, Mexico and China
President-elect Trump said he would impose additional tariffs on China, Mexico and Canada after taking office over the flow of migrants and drugs into the United States. Why it matters: Trump's tariff threats have already ignited fears of inflation and a trade war. Now he's committing to…
Published: 2024-11-26 00:33:20
A ransomware attack on Blue Yonder, a major supply chain software provider, is disrupting operations at Starbucks, the UK's Sainsbury's, and other retailers
Published: 2024-11-26 00:21:39
Stocks Join Bonds Higher on Trump's Treasury Pick | Bloomberg: The Close 11/25/2024
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the ...
Published: 2024-11-26 00:51:11
Donald Trump Threatens Even Higher China Tariffs
President-elect Donald Trump on Monday said he will impose an additional 10 percent tariff on Chinese products entering the U.S. "I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail," Trump posted on Truth…
Published: 2024-11-26 00:21:46
Fed's Kashkari: Interest-rate cut in December is 'reasonable'
Federal Reserve Bank of Minneapolis President Neel Kashkari, typically on the hawkish end of the U.S. central bank's policy spectrum, said on Monday he is open to cutting interest rates again next month.
Published: 2024-11-26 00:21:57
Crypto Entrepreneur Justin Sun Invests $30 Million in Trump-Backed World Liberty Financial
Crypto company World Liberty Financial, which is backed by President-Elect Donald Trump, has received a $30 million investment from crypto entrepreneur Justin Sun. The investment makes Sun the largest investor in the crypto project, Bloomberg reported Monday (Nov. 25). “The U.S. is becoming the…
Published: 2024-11-26 01:17:15
Dow Jones Futures Fall: Nvidia Stock Tumbles To Key Level; Fed Inflation Data Looms
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were lower ahead of Tuesday's stock market open, as Nvidia (NVDA) sold off for a second straight session, while the Federal Reserve's favored inflation gauge is due out later this week. Nvidia stock tumbled another 4.2% Monday,…
Published: 2024-11-26 02:34:18
Walmart Nukes DEI As Anti-Woke Crusader Robby Starbuck Sends "Shockwaves Across Corporate America"
Walmart Nukes DEI As Anti-Woke Crusader Robby Starbuck Sends "Shockwaves Across Corporate America" Anti-woke crusader Robby Starbuck has been on a mission to shift the corporate landscape in America from insanity and rainbows to what he considers "sanity and neutrality." He has successfully…
Published: 2024-11-26 00:22:03
Musk targets Trump’s favorite fighter jet
Elon Musk is tearing into the F-35, the most expensive weapons program in history and a favorite of his new best friend, President-elect Donald Trump. In a series of posts on X, the world’s richest man and proponent of driverless cars targeted the tri-service fighter jet program while coming out…
Published: 2024-11-26 00:21:52
Cathie Wood sells $5 million of 2 surging tech stocks
Change is inevitable, of course, but Cathie Wood says make sure you’re on the right side of it. Wood, CEO of Ark Investment Management, has declared on the firm’s website that “we invest solely in disruptive innovation.” Related: Cathie Wood buys $38 million of surging tech stock The world is…
Published: 2024-11-26 00:33:12
Another star athlete is making his way into venture capital
Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s…
Published: 2024-11-26 00:21:39
New cash for job centres in plan to boost workforce
New cash for job centres in plan to boost workforce The government is promising major reforms in order to reduce the benefits bill by getting more people into work. It has unveiled plans entitled "Get Britain Working" which include a £240m investment to overhaul the current network of job centres…
Published: 2024-11-26 00:22:00
AIMCo’s interim CEO expected to be fixture of Alberta government’s long-term plans for fund manager
Alberta’s $169-billion public-sector pension fund manager is taking the first steps to rebuild its senior ranks after two weeks of upheaval, but one key figure who emerged in the abrupt transition is expected to stay put: interim chief executive officer Ray Gilmour. Alberta’s government stunned…
Published: 2024-11-26 00:21:39
Trump says he will hit China, Canada and Mexico with new tariffs
US president-elect vows to impose levies on first day in retaliation for illegal immigration and drug trafficking
Published: 2024-11-26 00:22:22
Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect
Tron blockchain founder Justin Sun has invested $30 million into Donald Trump's crypto project, World Liberty Financial, he announced Monday. "We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor," Sun wrote in a post on X. Sun recently made…
Published: 2024-11-26 00:21:57
Nepal PM heads to China ahead of India, breaking tradition
KATHMANDU -- Nepali Prime Minister KP Sharma Oli will visit China next week, bypassing a tradition in which the country's leaders make India their first foreign trip after taking office and raising the geopolitical stakes for the Himalayan nation. During his visit from Dec. 2 to 6, Oli is expected…
Published: 2024-11-26 00:10:51
California could leave Tesla out of a proposed EV rebate programme
California could leave Tesla out of a proposed EV rebate programme The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. Essential digital access to quality FT journalism on any device. Pay a year upfront and save…
Published: 2024-11-26 00:10:47
I bought a vintage Chanel handbag for $2050 in 2015 and sold it for $2000 in 2024. The girl math speaks for itself
Koyaana Redstar is the head of luxury buying at Luxe Du Jour, an online luxury boutique for vintage designer handbags. Koyaana Redstar Koyaana Redstar, a vintage luxury handbag expert, swears by resale handbags. She said she bought a Chanel Boy bag for $2050 in 2015 and sold it for $2000 in…
Published: 2024-11-26 00:21:40
AI spurs 'revolution' for some visually impaired people
AI spurs 'revolution' for some visually impaired people “AI has revolutionised my daily life,” says Louise Plunkett from Norwich. Ms Plunkett has a genetic eye condition called Stargardt disease, a rare condition that causes progressive vision loss, which she says, “impacts everything I do”. “I…
Published: 2024-11-26 00:21:38
Trump adds senior Vance aide and two others to White House team
President-elect Donald Trump has announced three more members of his White House team, including a senior aide to Sen. JD Vance who will work with Congress to push the administration’s agenda. James Braid, Vance’s deputy chief of staff, will serve as director of the Office of Legislative affairs,…
Published: 2024-11-26 00:11:08
Telegram finances propped up by crypto gains as founder fights charges
Revenues leapt to $525mn in first half of 2024 before chief Pavel Durov was detained over alleged criminality on platform
Published: 2024-11-26 00:22:15
D.B. Cooper Update: Why FBI Reopened The 53-Year-Old Plane Hijacking Case
A parachute possibly linked to D.B. Cooper, the 1970s hijacker, was discovered, reigniting the FBI's investigation into the unsolved case.
Published: 2024-11-26 00:10:57
Couple charged in ring suspected of stealing $1 million in Lululemon clothes
A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from upscale athletic wear retailer Lululemon
Published: 2024-11-26 01:17:11
Donald Trump promises 25 per cent tariff on products from Canada, Mexico
U.S. president-elect Donald Trump said on Monday he would sign an executive order imposing a 25 per cent tariff on all products coming in to the United States from Mexico and Canada.
Published: 2024-11-26 00:33:18
Donald Trump threatens 25% tariff on products from Canada, Mexico
Donald Trump has levelled his most severe threat against Canada in years, warning that on his very first day on office he might impose punishing economic sanctions across North America, with a 25 per cent tariff on Canada and Mexico. The announcement in a social-media post sent the loonie tumbling.
Published: 2024-11-26 02:23:30
Winters of discontent are coming
I was expecting Starmer to be awful. But less than six months into his premiership, his government’s prissy authoritarianism, student-union self-righteousness, and vindictive taxation has plunged Labour from a net favourability rating of +6 on taking power in July to just one point above the hated…
Published: 2024-11-26 00:33:46
The ICC has emboldened Netanyahu
International law has spoken once again. Israeli Prime Minister Benjamin Netanyahu, as well as former Defence Minister Yoav Gallant, are now wanted men. The International Criminal Court has, for the first time in its 22-year history, issued arrest warrants for democratically elected…
Published: 2024-11-26 00:33:30
Will black voters forgive the Democrats?
Oakland, California. Marquise S. sat in the driver’s seat of an old black Honda on Oakland’s Foothill Boulevard with white powder spread out over his knees. A slender young black woman sat in the passenger seat; a young black man with braids sat in the back. Marquise, a black man, looks like he’s…
Published: 2024-11-26 00:33:30
Trump says he will impose additional 10% tariffs on China over drug inflow
Published: 2024-11-26 00:21:55
Retailers warn inflation could hamper UK shoppers in run-up to Christmas
British Retail Consortium figures come alongside data showing a fall in household disposable income Shoppers’ ability to afford Christmas treats has been put under threat as retailers warned November could mark a turning point for inflation, with the recent fall in prices slowing amid increased…
Published: 2024-11-26 00:22:10
Relax Germany’s debt brake, says Angela Merkel
Former chancellor’s memoirs back reform of borrowing cap that she introduced into constitution
Published: 2024-11-26 01:17:31
FCA is ‘incompetent at best, dishonest at worst’, claim MPs and peers
Financial watchdog needs a radical shake-up after scandals and failures, says all-party group’s report Britain’s financial sector watchdog is “incompetent at best, dishonest at worst”, according to a damning report by MPs and Lords which called for a big shake-up. An examination of the Financial…
Published: 2024-11-26 00:22:05
U.K. Financial Regulator Aims for Crypto Regime by 2026
The U.K.'s financial regulator, the Financial Conduct Authority, said it wants to implement a crypto regime by 2026 in anticipation of growing crypto ownership in the country. A road map released by the FCA, which oversees the industry, said the agency plans to publish discussion papers on market…
Published: 2024-11-26 00:10:56
How Orthodoxy can save Russia’s soul
When Lucy Ash was escorted round the vast and numinous island monastery of Valaam, located in Lake Ladoga near St. Petersburg, she had an intriguing guide: a monk who introduced himself as Father Iosif but spoke fluent English in the tones of New York. He explained that his father, a Russian…
Published: 2024-11-26 00:33:05
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million The 62-year-old tycoon sold the units in Hamburg Villa on Eastbourne Road in Kowloon Tong, which…
Published: 2024-11-26 00:21:45
Where Will Nvidia Stock Be in 3 Years?
By now, Nvidia's (NASDAQ: NVDA) business has been booming for so long that it's getting boring. As of the time of writing, shares are down by around 3% despite better-than-expected third-quarter earnings and a buoyant market for artificial intelligence (AI) hardware. But how much longer can the…
Published: 2024-11-26 00:00:07
Could Snowflake Stock Help You Become a Millionaire?
Snowflake's (NYSE: SNOW) stock soared 33% on Nov. 21 after the cloud-based data warehouse provider posted its latest earnings report. For the third quarter of fiscal 2025, which ended on Oct. 31, its revenue rose 28% year over year to $942.1 million and exceeded analysts' expectations by $43.6…
Published: 2024-11-26 00:00:03
Trump threatens 25% tariffs on Mexico, Canada, 10% on China
United States President-elect Donald Trump announced that he plans to sign documents to impose a 25% tariff on all goods from Mexico and Canada, citing concerns over the inflow of "Drugs, in part...
Published: 2024-11-26 00:10:52
Antimony Prices Surged 200% in 2024, and it Could Happen Again in 2025
In This Article: One of the best investments on the planet right now could be a little-known critical strategic critical metal that has exploded 200% this year. It’s the metal that wins wars, and China has banned its export with the intent of stripping the U.S. war machine of its…
Published: 2024-11-26 02:12:09
Is Amazon a Buy, Sell, or Hold in 2025?
It took a while, but e-commerce giant Amazon (NASDAQ: AMZN) finally topped its all-time high, last seen in 2021. You might be nervous since the broader market has continued to rip higher, a reminder of 2021, which, in hindsight, was primarily due to a market bubble caused by 0% interest rates. But…
Published: 2024-11-25 23:59:52
How to trade stocks: A beginner’s guide
Trading stocks may sound glamorous, but behind the scenes it’s actually a lot of hard work and can involve extensive research. While it’s not always easy, new investors can take a number of steps to begin investing successfully, including finding a style that works to grow their portfolio over…
Published: 2024-11-25 23:59:46
Connecticut couple charged in ring suspected of stealing $1-million in Lululemon clothes
A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1-million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury,…
Published: 2024-11-26 00:11:27
NBC Ready to Pay Triple to Gobble Up Thanksgiving Parade Broadcast Rights
Published: 2024-11-25 23:59:42
Can Mubadala make money on U.S. wealth advisory after paying a premium price for CI Financial?
Bill and Kurt were right. Everyone else on Bay Street was wrong. That’s the big take-away from Monday’s groundbreaking $4.7-billion bid for CI Financial Corp. CIX-T by Abu Dhabi-based Mubadala Capital. A sovereign wealth fund with a mandate to invest anywhere in the world is choosing to endorse a…
Published: 2024-11-26 00:10:55
Why Opendoor Stock Popped Today
Shares of Opendoor Technologies (NASDAQ: OPEN) surged today, seemingly in response to President-elect Trump's plans to make hedge fund manager Scott Bessent the next Treasury secretary. Treasury yields fell on the news, which is good for stocks like Opendoor, as Bessent is expected to be a sober…
Published: 2024-11-25 23:59:36
Summit Materials Enters into Definitive Agreement to be Acquired by Quikrete for $52.50 Per Share in Cash
Compelling Premium Maximizes Value to Shareholders DENVER, Nov. 25, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM), ("Summit," "Summit Materials," "Summit Inc." or the "Company") a leading producer of aggregates and cement, today announced it has entered into a definitive agreement to be…
Published: 2024-11-25 23:59:32
Trump says he will impose new tariffs on Canada, Mexico and China on first day
President-elect Trump said Monday that he will impose new tariffs on goods from Canada, Mexico and China through an executive order on the first day of his new term next year. In a series of posts on Truth Social, the president-elect said he would enact tariffs of 25 percent on all Canadian and…
Published: 2024-11-26 00:10:36
What Trump's economic appointments tell us about his 2nd-term agenda
President-elect Trump continues to round out his Cabinet, including some key economic appointments. He's chosen billionaire hedge fund manager Scott Bessent for treasury secretary and for commerce, he's chosen Howard Lutnick, the CEO of Cantor Fitzgerald and a big backer of tariffs. William…
Published: 2024-11-26 00:44:09
From $1,000 to $15,000…in a Day
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A zero-day option hypothetical … how big the gains can be … using options to hedge your gains … tomorrow’s live event with master trader Jonathan Rose Imagine that it’s mid-afternoon on a Thursday, shortly before the closing bell… The…
Published: 2024-11-26 01:28:12
Alimentation Couche-Tard earns US$708.8-million in second quarter
Alimentation Couche-Tard ATD-T says its earnings attributable to shareholders were US$708.8-million in its second quarter. That’s down 13.5 per cent from US$819.2-million a year earlier. The Laval, Que.-based company says total revenues were US$17.4-billion, up six per cent from US$16.4-billion.
Published: 2024-11-26 00:10:50
Trump promises a 25% tariff on products from Mexico, Canada
U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.
Published: 2024-11-25 23:59:37
Trump names Project 2025 architect Russell Vought to key White House role
For the director of the Office of Management and Budget, President-elect Trump named Russell Vought as his pick. Vought previously led that office for part of Trump's first term. He is also a co-author of Project 2025, the controversial Heritage Foundation blueprint for a second Trump term. Laura…
Published: 2024-11-26 00:43:45
Contentious And 'Bitter' COP29 Summit Ends With Nearly 200 Countries Agreeing To Climate Finance Deal
Contentious And 'Bitter' COP29 Summit Ends With Nearly 200 Countries Agreeing To Climate Finance Deal Striking a 'climate finance' deal at this year's COP29 summit wasn't easy, capping off a summit in Azerbaijan that was fraught with unenthusiastic participants and reports of counterintuitive…
Published: 2024-11-25 23:59:45
Ransomware attack leaves Starbucks using pens and paper to track employee hours
Starbucks' payment and scheduling system has been hit with a ransomware attack, causing disruptions in employee pay, Business Insider has learned. Starbucks Starbucks' payment and scheduling system has been hit with a ransomware attack. The coffee company issued guidance for workers about how to…
Published: 2024-11-25 23:59:47
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
When Donald J. Trump first ran for the White House in 2016, his closing campaign advertisement lamented the influence of Wall Street in Washington, flashing ominous images of big banks and the billionaire liberal philanthropist George Soros. Now, as president-elect, Mr. Trump has tapped two…
Published: 2024-11-25 23:48:54
Couple accused of stealing nearly $1 million from Lululemon in elaborate shoplifting plot
A Connecticut couple is accused of running an elaborate theft ring at Lululemon stores in multiple states, stealing nearly a million dollars from the company. Jadion Anthony Richards and Akwele Nickeisha Lawes-Richards are both charged with organized retail theft under a Minnesota law signed by…
Published: 2024-11-25 23:48:38
German steel giant ThyssenKrupp to slash 11,000 jobs
German industrial giant ThyssenKrupp Steel Europe on Monday announced a plan to shrink its workforce from the current 27,000 to 16,000 within six years. The Duisburg-based company blamed an increase in cheap imports, especially from Asia, for putting an increased and "significant strain on…
Published: 2024-11-25 23:48:36
Stock Market Today: Dow, S&P 500 close at record highs on Trump treasury pick
Published: 2024-11-25 23:48:35
Trump promises a 25% tariff on products from Mexico and Canada
Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.
Published: 2024-11-25 23:59:45
Fed's Kashkari open to December rate cut
Minneapolis Federal Reserve Bank President Neel Kashkari said that a December interest-rate cut remains a reasonable option. He emphasized the importance of understanding the economy's current tra...
Published: 2024-11-25 23:48:28
News Wrap: Israeli ambassador to U.S. says cease-fire with Hezbollah is 'close'
In our news wrap Monday, Israel's ambassador to the U.S. says a cease-fire deal between Israel and Hezbollah in Lebanon is close, Russian rockets injured more than 30 people in a wave of strikes on two of Ukraine's largest cities and at least 17 people are missing in Egypt after a tourist boat…
Published: 2024-11-25 23:59:26
Investors celebrate Trump’s pick for Treasury chief with lower bond yields
Investors celebrate Trump’s pick for Treasury chief with lower bond yields Share Now on: Investors celebrate Trump’s pick for Treasury chief with lower bond yields The markets have been rallying recently — including the bond market. The yield on the 10-year Treasury bond was down by 12 basis…
Published: 2024-11-25 23:49:07
Investor Ken Leech charged over alleged $600mn ‘cherry-picking’ scheme
Former top investment officer at Franklin Templeton’s Western Asset Management is subject of criminal and civil cases
Published: 2024-11-26 00:33:25
More Ozempic Users Doubt They Can Keep Weight Off Without Drug: Study
While Ozempic and other GLP-1 medications have shown notable promise in returning patients to healthy weights, the majority of those taking the drugs are not confident they can maintain the improvement after ending treatment, according to a new report. In a study of 500 patients by weight loss…
Published: 2024-11-25 23:48:18
Americans Buy Ever Bigger, More Powerful, More Fuel-Efficient Trucks, SUVs & Cars. EVs Escalate the Horsepower War
“The roughly linear increase in specific power” of ICE vehicles over the past 50 years “does not appear to be slowing”: EPA. By Wolf Richter for WOLF STREET. Overall miles per gallon of passenger vehicles sold in the US of the model year 2024 rose to a record of 28.0 “real world” MPG, according to…
Published: 2024-11-25 23:48:31
Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick
CNBC's Jim Cramer on Monday reviewed investors' reaction to President-elect Donald Trump's latest cabinet pick, hedge fund manager Scott Bessent. His takeaway is that Wall Street believes the potential Treasury secretary will be a prudent force in the administration. "What matters is that this…
Published: 2024-11-25 23:48:43
Developing nations leave UN climate conference with deal but say 'we're not satisfied'
At the U.N. climate talks in Azerbaijan, negotiators struck a deal at the last moment. Wealthy nations pledged $300 billion a year by 2035 to help developing countries deal with the impacts of climate change and to help their transition to cleaner energy. It's nowhere near the $1 trillion a year…
Published: 2024-11-26 00:21:26
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Ashley Buchanan became chief at Michaels, a chain of hobby and crafts stores, in 2020, and increased its digital presence.
Published: 2024-11-25 23:48:44
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