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Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
Published: 2024-11-26 19:50:43
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.
Published: 2024-11-26 16:30:22
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.
Published: 2024-11-26 18:40:17
Senate report slams airlines for raking in billions in seat fees
The Senate panel is calling airline executives to testify next week about their carriers' fees.
Published: 2024-11-26 16:46:23
Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%
The results shed light on how MariTide may measure up to weight loss injections from Novo Nordisk and Eli Lilly and other experimental treatments.
Published: 2024-11-26 17:35:54
Renters struggle to build wealth, report finds. Here’s how they can boost financial wellbeing
Renters typically have a much smaller net worth compared to homeowners in the U.S. Yet, there may be ways for current tenants to build wealth as they rent.
Published: 2024-11-26 19:57:49
32-year-old American in Denmark, one of the world’s happiest countries: The No. 1 thing I’ve learned about building a rich life
In late 2018, Chloé Skye Weiser and her Czech partner moved to Odense, a city of 187,000 on the Danish island of Funen. Here's how she built a rich life there.
Published: 2024-11-26 14:54:38
59% of Americans consider this the No. 1 sign of success — it's not wealth
About 59% of surveyed U.S. adults say the ability to spend money on things and activities that make them happy is the top sign of success, a report found.
Published: 2024-11-26 13:39:53
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Published: 2024-11-26 17:08:10
Healthy Returns: Trump’s FDA pick Makary may be a relief for biotech and pharma, analysts say
Trump's FDA pick, Marty Makary, appears to be quelling fears about a major disruption to biotech and pharma. Neuralink approved for new studies, company says.
Published: 2024-11-26 19:39:46
This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn
The New York-based startup AptDeco is an online marketplace for buying and selling used furniture that provides pick-up and delivery for items.
Published: 2024-11-26 19:26:11
How President-elect Donald Trump's policies may affect investors in these 8 market sectors
President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.
Published: 2024-11-26 19:22:18
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
Published: 2024-11-26 18:32:33
How Trump's new tariff threats knocked one of our stocks but not the market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Published: 2024-11-26 19:54:36
Here's how to maximize your tax breaks for charitable giving
If you're making a gift to charity on Giving Tuesday or over the holiday season, there are ways to maximize your tax break. Here's what to know before donating.
Published: 2024-11-26 19:42:03
Proposed law aims to help Americans save more for retirement—but could end up hurting Gen Z, millennial workers
Lawmakers have proposed a federal retirement savings plan akin to a 401(k). Researchers say the law could hurt a majority of American workers.
Published: 2024-11-26 17:29:32
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.
Published: 2024-11-26 20:23:25
Police departments across U.S. are starting to use artificial intelligence to write crime reports
Even as AI gains traction in police work, legal experts are raising concerns over accuracy, transparency, and potential bias.
Published: 2024-11-26 16:13:44
Constellation Brands' stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive
Constellation manufactures all of its beers, including Modelo and Corona, in Mexico.
Published: 2024-11-26 19:03:44
Black Friday is almost here but some sales aren't all they are cracked up to be: Here's what not to buy
Retailers hype Black Friday discounts, but these may not be the best prices of the year, experts say.
Published: 2024-11-26 14:54:25
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
The big-box retailer, the nation's largest, joins a growing list of companies feeling the heat from conservative activists.
Published: 2024-11-26 18:01:23
Abercrombie expects a strong holiday quarter as growth run continues
Abercrombie & Fitch is expecting a strong holiday shopping season, and the arrest of its former CEO Mike Jeffries for sex trafficking did not seem to hit sales.
Published: 2024-11-26 17:01:21
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.
Published: 2024-11-26 18:32:51
How Bluesky rose out of Twitter's ashes to challenge X and Threads
Bluesky could be on the verge of a turning point if it continues rapidly attracting users and finds a way to monetize without scaring them off.
Published: 2024-11-26 13:45:55
Billionaire Jersey Mike's CEO still gets behind the counter to slice deli meat like he did at age 14: I do it 'every time I’m in a store'
Jersey Mike's CEO Peter Cancro describes his leadership approach as an amiable one — that's a green-flag trait for many bosses, according to an expert.
Published: 2024-11-26 14:51:51
Social media creators turn to subscription apps due to increasingly competitive, volatile content economy
Many content creators are increasingly looking to monthly subscription platforms like Substack and Patreon for consistency in their monthly income.
Published: 2024-11-26 13:00:01
Bitcoin slides toward $90,000 as ETFs end a positive streak
Bitcoin retreated from the psychologically important $100,000 milestone as investors booked profits from the token's post-U.S. election gains.
Published: 2024-11-26 20:23:45
38-year-olds launched a T-shirt side hustle that got endorsed by Oprah—their business could bring in $300,000 this year
Ashley and Kenny Green started apparel company Kaans Designs while Ashley was on maternity leave. Now it's a profitable business with a rare "Shark Tank" loan deal.
Published: 2024-11-26 18:30:46
Most job seekers say they've been ghosted or 'love-bombed' during interviews—it can make them 'question their career and sanity'
Stories of job-seekers making progress on their search, only to have the rug pulled out from under them late in the hiring process, have become all too common.
Published: 2024-11-26 14:53:41
Republicans gear up for the coming battle over $5 trillion tax cut's costs
Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.
Published: 2024-11-25 21:44:06
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