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Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

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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

Israel-Lebanon permanent ceasefire has been accepted, Biden says

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Israel and Lebanon's Hezbollah agreed to a permanent ceasefire in cross-border hostilities, following a year-long conflict.

Published: 2024-11-26 21:03:03

Workday stock slips on light quarterly forecast

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Workday called for a 25% adjusted operating margin in the current quarter, below Wall Street's estimate of 25.5%.

Published: 2024-11-26 21:21:02

Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

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The retailer's sales growth is notable at a time when discretionary merchandise and the luxury sector have been under pressure.

Published: 2024-11-26 21:25:21

Dell shares fall on light revenue despite growing AI sales

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Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around Nvidia chips.

Published: 2024-11-26 21:13:30

Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico

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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

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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 20:50:18

Senate report slams airlines for raking in billions in seat fees

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The Senate panel is calling airline executives to testify next week about their carriers' fees.

Published: 2024-11-26 16:46:23

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

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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

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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

Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau

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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 20:57:40

Renters struggle to build wealth, report finds. Here’s how they can boost financial wellbeing

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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

Intel and Commerce Department finalize $7.9 billion CHIPS Act grant

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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

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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

How Trump's new tariff threats knocked one of our stocks but not the market

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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

This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn

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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

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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

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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

Here's how to maximize your tax breaks for charitable giving

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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

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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

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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

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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

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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

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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

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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

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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

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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 21:03:31

How Bluesky rose out of Twitter's ashes to challenge X and Threads

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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'

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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

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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

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