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Property Brothers explain 'the biggest problem' still driving up home prices
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The current state of the housing market has many people worried — including brothers and housing experts Drew and Jonathan Scott, known for their HGTV show "The Property…
Published: 2024-11-25 22:31:05
SMCI Rallies 16% As AI Stock Recovers From Setbacks. 'They're Back,' Says Analyst
Shares of Super Micro Computer rose sharply Monday, as the data center technology AI powerhouse appeared to recover from recent heavy losses. SMCI stock surged 15.9% to close at 38.41, as the stock reclaimed its 50-day average. It was a clear a sign that the company has rebounded from setbacks…
Published: 2024-11-25 22:30:54
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position itself as a premium brand. The privately held company, headquartered in Barcelona, plans to open 42 new storefronts in the U.S. by the end of the year and aims to launch…
Published: 2024-11-25 22:30:45
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis starting in late 2022, and then permanently since early 2023. Michaels CEO Ashley Buchanan…
Published: 2024-11-25 22:30:44
Australian stock exchange targets 2029 for phase two of trading software overhaul
Australian bourse operator ASX said on Tuesday it is targeting to implement the second phase of its clearing and settlement software overhaul by 2029, with projected costs ranging between A$270 million ($175.61 million) and A$320 million. Last year, ASX had hired Tata Consultancy Services to…
Published: 2024-11-25 22:30:39
Dow, Russell 2000 hit new records as investors cheer Trump's Treasury pick
A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors bet President-elect Donald Trump’s choice for Treasury secretary, Scott Bessent, would help guide the economy without sparking inflation. The blue-chip…
Published: 2024-11-25 22:30:38
Wall Street launches new ways to bet on bitcoin
For years, bitcoin won by being boring. Investors weren’t able to do all that much with it besides buy and hold it. But that was precisely why the world’s largest cryptocurrency was valuable. It was a commodity, like gold — or corn. It didn’t get too fancy on its offerings. In fact, bitcoin’s core…
Published: 2024-11-25 22:30:34
The auto industry is pulling back after unprecedented spending on EVs, self-driving cars
DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now, it’s waking up from the bender and entering rehab. Automakers from Detroit to Japan and Germany are attempting to lower…
Published: 2024-11-25 22:30:33
What’s Going on With All of These Food Recalls?
There has been a barrage of bad news about food lately. Ten people died after eating Boar’s Head deli meat in a listeria outbreak that hospitalized dozens of others. One person has died and more than 100 people have been sickened in an E. coli outbreak linked to onions served on McDonald’s Quarter…
Published: 2024-11-25 22:30:15
How could Trump overhaul US financial regulators if he wins on Nov. 5?
If Republican former President Donald Trump wins the U.S. election on Nov. 5 he is expected to swiftly overhaul the country's financial regulators, which under Democratic President Joe Bidenhave pursued a slew of stringent new rules for banks, private funds and other lenders. Here's how Trump…
Published: 2024-11-25 22:30:23
Where Do Trump's Court Battles Stand After Jack Smith Asks to Drop Cases?
Special counsel Jack Smith's recent motions to dismiss two federal cases against Donald Trump have profoundly reshaped the president-elect's legal landscape, marking a significant shift in the former president's journey back to the White House. On Monday, Smith filed to drop all four felony…
Published: 2024-11-25 22:30:28
GST holiday will help Canadians cope with ‘vibecession,’ Freeland says
Deputy Prime Minister Chrystia Freeland says her government’s proposed GST measures will lead to a pick-up in consumer spending, even as Canadians continue to feel malaise about Canada’s economy. “People have been talking about a vibecession and how that is a challenge for the Canadian economy,”…
Published: 2024-11-25 22:30:46
US charges former Wamco co-CIO Kenneth Leech with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent "cherry-picking" scheme where he improperly favored some clients' accounts over others when allocating trades.
Published: 2024-11-25 22:30:34
Democrats to Hold Election for New Party Chair on February 1
The DNC election comes soon after President-elect Donald Trump's inauguration on January 20.
Published: 2024-11-25 22:30:29
Iconic retail food manufacturer files for Chapter 11 bankruptcy
Consumers are often disappointed when their favorite food brands disappear from store shelves after filing for bankruptcy and going out of business. One of the most popular products that disappeared temporarily was Hostess Brands, which in 2012 filed bankruptcy, ceased operations, and liquidated. …
Published: 2024-11-25 22:30:39
Alberta investing $50-million to establish drilling centre for geothermal, helium companies
Alberta is hoping to attract geothermal, critical mineral, helium and carbon-capture companies to the province through a major new drilling hub. The public-private partnership, announced Monday, would become Canada’s first technology-agnostic, industry-led drilling hub. The province has earmarked…
Published: 2024-11-25 22:30:46
California could leave Tesla out of a proposed EV rebate programme
Gavin Newsom’s plan sets up another potential clash with the carmaker’s chief Elon Musk
Published: 2024-11-25 22:30:57
William Blair Survey Finds One-Third Of Shoppers Plan Gift Shopping At Walmart
William Blair Survey Finds One-Third Of Shoppers Plan Gift Shopping At Walmart The trade-down phenomenon has transformed Americans into Walmart shoppers. Goldman confirmed this last week, noting that Walmart's competitors, such as Target and Dollar stores, suffered market share losses. The…
Published: 2024-11-25 22:30:28
Gay MSNBC host Jonathan Capehart said he’s ‘conflicted’ by Trump move to pick Scott Bessent for Treasury
Jonathan Capehart, a Washington Post opinion writer who moonlights as host of “The Sunday Show with Jonathan Capehart” on the Comcast-owned news channel, admitted he was torn about Bessent’s nomination because it was a Republican who chose him to be the highest-ranking gay official ever. “Wait,…
Published: 2024-11-25 22:19:26
Three-time Grammy nominee Raye says she's not making money in music: 'We're breaking even'
Raye is nominated for best new artist and songwriter of the year at the 2025 Grammys. KAPFHAMMER; Chris Burnett for BI Raye is a 27-year-old singer and songwriter who was recently nominated for three Grammy Awards. While promoting her latest single "Genesis," she told Business Insider that she was…
Published: 2024-11-25 22:30:21
The 'Zombie Law' That Anti-Abortion Groups Want to Resurrect Under Trump
The president-elect has said he sees no need for a federal abortion ban after the Dobbs decision. Conservative activists have a backup plan.
Published: 2024-11-25 22:19:24
The UN climate conference ended with a $300 billion a year pledge — disappointing many
The UN climate conference ended with a $300 billion a year pledge — disappointing many Share Now on: The UN climate conference ended with a $300 billion a year pledge — disappointing many COP29 — the annual United Nations climate summit — came to a close at the end of last week in Baku,…
Published: 2024-11-25 22:19:31
Judge grants request to dismiss Trump's election interference case
The judge overseeing United States President-elect Donald Trump's election interference case has granted Special Counsel Jack Smith's request to toss the case due to due to a long-standing Jus...
Published: 2024-11-25 22:19:21
California dairy's raw milk recalled after routine testing detected bird flu
Pasteurized milk remains safe to drink, the department said.
Published: 2024-11-25 22:19:14
Trump's Chaos Cabinet
In this week's The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman chime in on the latest developments in Donald Trump's cabinet appointments and the Department of Government Efficiency (DOGE). 00:28—Fred Smith tribute 04:58—Department of…
Published: 2024-11-25 22:19:08
Tesla excluded from EV buyer credits in California proposal
Tesla Inc.’s electric vehicles would be shut out from consumer rebates under a proposal by California Governor Gavin Newsom, pitting the prospective Democratic presidential hopeful against Republican power player Elon Musk. Newsom on Monday unveiled plans to offer rebates to EV buyers if US…
Published: 2024-11-25 22:19:27
Bird Flu Emerges as Key Reason Behind U.S. Egg Shortage
The big Thanksgiving family breakfast may be in serious danger for some Americans this year. Grocery stores across the country are reportedly experiencing a shortage of eggs, and the reason appears to be tied to a scary issue affecting poultry. While the egg supply appears to be stable in most of…
Published: 2024-11-25 22:08:33
This CEO fired 90% of his staff for missing a morning meeting. He stands by the choice
Rage quitting is one thing. But one CEO has introduced a new spin on the concept: rage firing. Baldvin Oddson, CEO of a Wyoming-based musical-instrument online storefront, the Musicians Club, fired 90% of his staff—99 out of 110 employees and freelancers—via Slack message for missing just one…
Published: 2024-11-25 22:08:31
Amazon Sued for 'Fake Discounts' Ahead of Busy Holiday Shopping Season
Published: 2024-11-25 22:08:10
Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Published: 2024-11-25 22:08:00
Musk’s DOGE commission may be a sham. But efficient government isn’t
Trump’s announcement that Elon Musk and Vivek Ramaswamy will head a new Department of Government Efficiency (DOGE) has met with plenty of scorn from Democrats.
Published: 2024-11-25 22:30:46
Is Rocket Lab Stock a Buy, Hold, or Sell After Earnings?
Jump-Start Your Search For Promising Trade Ideas With Barchart Premier’s "Top Stock Pick". FREE 30 Day Trial - Market Pulse - - Options Market Overview - Unusual Options Activity - IV Rank and IV Percentile - Implied vs Realized Vol - Most Active Options - Highest Open Positions - Unusual Options…
Published: 2024-11-25 22:19:05
Missouri Judge Says He Doesn't Have Power to Overturn Transgender Surgery Ban
A Missouri judge said Monday that he could not overturn a ban on gender-affirming surgery in the state, ahead of a U.S. Supreme Court hearing on a similar case. In a 74-page ruling, Wright County Circuit Court Judge Craig Carter backed the state's block on transgender health care, including…
Published: 2024-11-25 22:08:15
Donald Trump Responds to Alleged Investigation of Longtime Aide
President-elect Donald Trump responded to the widely reported internal investigation of longtime aide Boris Epshteyn. According to multiple media outlet and first reported by Just the News, a nonpartisan news media brand, attorneys for Trump conducted an internal investigation into allegations…
Published: 2024-11-25 22:08:23
Donald Trump Reacts to Jack Smith Asking to Dismiss His Case
President-elect Donald Trump reacted to the news of special counsel Jack Smith asking to dismiss his election subversion case. On his social media platform, Truth Social, Trump posted in part: "These cases, like all of the other cases I have been forced to go through, are empty and lawless, and…
Published: 2024-11-25 22:08:40
I'm a baker who tried to find the best store-bought pumpkin pie. Out of 4 desserts, there are only 2 I'd buy again
I compared desserts from Safeway, Costco, Kroger, and Walmart to find the best store-bought pumpkin pie. Molly Allen I'm a professional baker comparing pumpkin pies from Walmart, Kroger, Safeway, and Costco. I didn't love the pumpkin pie from Kroger, but Costco's was really tasty and my second…
Published: 2024-11-25 22:08:03
Nissan expected to extend US production cuts to March 2025
Nissan Motor Corporation is reportedly planning to extend its production cuts in the United States by 17% through March next year, Nikkei reported citing sources.The planned reduction in vehicle prod...
Published: 2024-11-25 22:08:30
Sean 'Diddy' Combs' Thanksgiving Menu in Jail Revealed
Sean "Diddy" Combs' Thanksgiving will look a little different this year, as he's currently behind bars at the Metropolitan Detention Center. The disgraced rapper, who has been incarcerated since his September arrest in New York City, will start the holiday with limited options, as the jail's…
Published: 2024-11-25 22:08:29
M4 MacBook Pro shows Apple is still glued to the idea of unfixable laptops
M4 MacBook Pro shows Apple is still glued to the idea of unfixable laptops Mac Mini and iPhone repairability strides have yet to make it to flagship computer Despite improved repairability scores for Apple's latest iPhone and Mac Mini, the iFixit team says it was left underwhelmed after tearing…
Published: 2024-11-25 22:07:58
VDH: The Immorality Of Illegal Immigration
VDH: The Immorality Of Illegal Immigration Authored by Victor Davis Hanson via American Greatness, Donald Trump will not be president for almost another two months... Yet Democrat politicians, both federal and local, vie to be the most strident in denouncing his plans to begin deporting millions…
Published: 2024-11-25 22:08:22
Nvidia CEO Jensen Huang Talks Up Cooperation With China Ahead of Trump Trade War 2.0
Despite widespread fears that President-elect Donald Trump’s return to office will lead to tightened trade policies around A.I. chips to curb China’s tech advances, the CEO of Nvidia (NVDA), the largest manufacturer of A.I. chips, is still optimistic about the state of America’s relationship with…
Published: 2024-11-25 22:08:25
Florida Special Election Update as Mike Waltz to Resign
Florida's secretary of state announced that Rep. Mike Waltz has formally submitted his resignation letter.
Published: 2024-11-25 22:07:58
Starbucks Is using pens and paper to track pay after vendor hack
A hack has sent the coffee chain back to basics. Read More
Published: 2024-11-25 22:07:55
What is a credit privacy number?
Key takeaways A credit privacy number, or CPN, is a nine-digit number similar to a Social Security number. Companies may try to sell you a CPN with promises of guaranteed loan approval, but this is a scam. Using a CPN on credit applications is fraud and may involve identity theft. If you want to…
Published: 2024-11-25 21:57:36
Print magazines are having a moment, but who’s buying them?
In October, The Atlantic, an American magazine publisher, announced plans to increase the number of print editions it publishes each year from 10 up to 12. And The Atlantic isn’t the only magazine investing back into print these days. “Field & Stream, NYLON, Saveur, Sports Illustrated, and VICE,…
Published: 2024-11-25 22:08:07
U.S. Says Google Is an Ad Tech Monopolist, in Closing Arguments
Lawyers for the United States on Monday said that Google had created a monopoly with its services to place ads online, closing out an antitrust trial over the company’s dominance in advertising technology that could add to the Silicon Valley giant’s mounting woes. The legal case concerns a system…
Published: 2024-11-25 21:57:27
Nissan to extend U.S. production cuts to March 2025
NEW YORK -- Nissan Motor will reduce its U.S. output by 17% through the end of March compared with a year earlier, in an extension of ongoing production cuts, Nikkei has learned. The move will affect the Canton assembly plant in the state of Mississippi and the Smyrna factory in Tennessee.…
Published: 2024-11-25 21:57:26
Wall Street issues its most bullish S&P outlook yet for 2025
Wall Street's high water mark for the S&P 500 (^GSPC) projects a nearly 17% increase from current levels at the end of 2025. On Monday, Deutsche Bank chief global strategist Binky Chadha issued a year-end target of 7,000 for the S&P 500, matching Yardeni Research's call as the most bullish among…
Published: 2024-11-25 21:57:17
Jaguar Exec Whines About ‘Vile Hatred And Intolerance’ Over Woke Rebrand
As the mockery of Jaguar’s massive brand relaunch continues, one company exec is speaking out against the “intolerance” from the public. Managing director Rawdon Glover said in a recent interview with the Financial Times that the campaign messaging was drowned out in “a blaze of intolerance” on…
Published: 2024-11-25 21:57:14
Singapore's YouTrip CEO unveils route to IPO for FX digital wallet
SINGAPORE -- Caecilia Chu's summer visit to the New York Stock Exchange was no tourist trip. The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching the…
Published: 2024-11-25 21:57:10
Roth IRA conversion: Here’s everything you need to know before converting
A Roth IRA is the best retirement account around, according to many experts. It offers huge benefits such as tax-free income and the ability to leave tax-free money to heirs. Plus, because of its tax-free status, a Roth IRA gives you flexibility when it comes to taking retirement income. But what…
Published: 2024-11-25 21:57:09
Zoom raises annual revenue and profit forecasts, expands share repurchase
Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models. Zoom also said it would expand its share…
Published: 2024-11-25 21:57:09
Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income of $207.1M, up from $141.2M, and changes its corporate name to Zoom Communications Inc
Zoom shares were down about 1% in extended trading on Monday after the video calling software maker announced strong fiscal third-quarter results and gave guidance in line with expectations. Here's how the company did in comparison with LSEG consensus: - Earnings per share: $1.38 adjusted vs.…
Published: 2024-11-25 21:57:05
Can chip cards be skimmed?
Key takeaways Chip cards are less vulnerable to skimming than magnetic stripe cards, but they aren’t completely safe. Crooks can still capture your card information from a chip card using a technique called shimming. Shimming allows criminals to create fake credit cards with your card…
Published: 2024-11-25 21:57:03
Strategy over symbolism: Taiwan needs to get smarter on defense
Jared McKinney is an assistant professor at Air War College. Reiss Oltman is an Air University fellow in the Department of Joint Warfighting, Air Command and Staff College. McKinney founded, and Oltman helps run, the Air University Taiwan Deterrence Research Task Force. In response to…
Published: 2024-11-25 21:56:55
Donald Trump Jr. wants to dominate your shopping cart. Here’s how
Donald Trump Jr. isn’t planning to officially work in his father’s administration, but he has other plans to make money off of MAGA through a new job at 1789 Capital.
Published: 2024-11-25 22:30:31
Sotomayor and Gorsuch team up to highlight compensation for police property destruction
Top left, Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh and Ketanji Brown Jackson. Bottom left, Sonia Sotomayor, Clarence Thomas, John Roberts, Samuel Alito and Elena Kagan in Washington, on Oct. 7, 2022.
Published: 2024-11-25 22:30:33
NowThis made deep cuts to its staff for the second time this year
NowThis NowThis laid off about half its unionized newsroom, marking the second deep round of cuts this year. The layoffs affected 13 of 21 of NowThis' WGA East members. A decline in advertising has led to widespread media layoffs in recent years. NowThis recently laid off about half its unionized…
Published: 2024-11-25 21:56:51
What Small Business Owners Should Learn from Macy’s Missing $150 Million
The department store chain had to delay its third quarter financial statements after uncovering ‘erroneous accounting accrual entries’ related to delivery expenses.
Published: 2024-11-25 22:08:01
Many doctors face another cut in Medicare reimbursements
Many doctors face another cut in Medicare reimbursements Share Now on: Many doctors face another cut in Medicare reimbursements Everything about running a medical practice has been getting more expensive, especially in the last few years — salaries are up, rent is up, equipment and office supplies…
Published: 2024-11-25 21:57:13
ASIA Trump's Treasury pick boosts bond market as dollar eases
A look at the day ahead in Asian markets.
Published: 2024-11-25 21:56:52
One of the largest blockchain fund of funds has raised over $135 million across two new vehicles
Allo! Leo Schwartz here, reporting in Allie's stead today. Crypto may paint itself as an industry of lone wolves and iconoclasts, but its promise of riches (and sure, disruptive technology) has attracted some of the world’s biggest capital allocators, from sovereign wealth funds to endowments. And…
Published: 2024-11-25 21:46:21
MicroStrategy's 'unprecedented' bitcoin buying could push its stock up another 49%, Bernstein says
MicroStrategy stock may could soar further on its unique bitcoin strategy, says Bernstein. MicroStrategy owns 1.8% of the total bitcoin supply and plans to increase its holdings. Bernstein projects the company will own $830 billion, or 4% of the total bitcoin supply by 2033. MicroStrategy stock…
Published: 2024-11-25 21:45:55
Microsoft 365 working to address potential Outlook and Teams outage
If you're a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual. The product family of software announced early Monday morning that it is investigating an issue impacting Exchange Online and Microsoft Teams users. Microsoft 365 applications, including Outlook…
Published: 2024-11-25 21:45:45
As the US yields on climate leadership, China rises to fill the void
Activists demonstrate for climate finance for the Global South at the COP29 Climate Conference on November 21, 2024, in Baku, Azerbaijan. The COP29 conference — the latest round of international climate change talks, held this year in Baku, Azerbaijan — pushed past its Friday deadline and ended…
Published: 2024-11-25 21:57:08
Amazon is selling a $99 smart dog camera for just $45, and it's a must-have Black Friday deal for pet owners
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Every pet parent knows that pang of guilt when they have to leave their animals at home, especially for extended periods of time. Even with pet sitters, friends, or…
Published: 2024-11-25 21:57:08
In His New Term, Trump Must Aggressively Confront Communist China | Opinion
At the recent gathering of the Asia-Pacific Economic Cooperation (APEC) in Peru, Leader of the Chinese Communist Party (CCP) Xi Jinping pledged to work with the incoming Trump Administration. Xi's cooperative pledge comes despite the CCP's recent cyberattacks targeting our telecommunications…
Published: 2024-11-25 21:46:05
Republicans gear up for the coming battle over $5 trillion tax cut's costs
As Republicans on Capitol Hill lay the groundwork for extending the 2017 tax cuts, cracks are already emerging on one of the biggest questions: how to handle the cost. Extending the tax provisions is estimated to increase the deficit by $5 trillion, according to the nonpartisan Congressional…
Published: 2024-11-25 21:56:52
Jack Smith Leaving Option to Charge Donald Trump in the Future
Special counsel Jack Smith left the door open for President-elect Donald Trump's federal criminal cases to be revived while dropping them ahead of Trump's return to the White House. On Monday, Smith filed a motion to drop four felony counts against Trump for attempting to overturn the 2020…
Published: 2024-11-25 21:46:02
Kohl's CEO Kingsbury to step down
Kohl's said on Monday that Tom Kingsbury plans to step down as CEO, effective Jan. 15, 2025, and will be replaced by Ashley Buchanan.
Published: 2024-11-25 21:46:08
Starbucks is using pen and paper to track pay after vendor hack
Starbucks said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee payments.
Published: 2024-11-25 21:56:58
Blinken Comes Under Fire Over State Department 'Therapy Sessions' After Trump Win
Blinken Comes Under Fire Over State Department 'Therapy Sessions' After Trump Win Secretary of State Antony Blinken has come under fire after the Washington Free Beacon reported earlier this month that the State Department held therapy sessions for employees who couldn't handle President-elect…
Published: 2024-11-25 21:46:10
Zakharova: Trump cases dismissal shows US justice 'cyclical nature'
Russian Foreign Ministry spokeswoman Maria Zakharova said on Monday that the Justice Department's dismissal of federal cases against United States President-elect Donald Trump is a sign of the "cyclic...
Published: 2024-11-25 21:45:50
Stocks Settle Higher as Bond Yields Fall on Trump’s Treasury Secretary Pick
Less than $10/month! Get more Watchlists, Portfolios, Custom Views and Chart Templates with Barchart Plus. FREE 30 Day Trial - Market Pulse - - Options Market Overview - Unusual Options Activity - IV Rank and IV Percentile - Implied vs Realized Vol - Most Active Options - Highest Open Positions -…
Published: 2024-11-25 21:46:09
Gen Z Is The Most Optimistic About Trump's Housing Plans
Roughly 39 percent of voters said they expected mortgage rates to improve under Trump's presidency.
Published: 2024-11-25 21:46:04
9 scientific breakthroughs that resulted from Napoleon's invasion of Egypt
Joaquim Pheonix played "Napoleon" in Ridley Scott's last biopic. Apple TV+ When Napoleon invaded Egypt, he brought dozens of scientists with him. Astronomers, mathematicians, and naturalists spent three years studying the country. Napoleon's invasion failed, but it led to some groundbreaking…
Published: 2024-11-25 21:45:54
Dow jumps 400 points to new record close, Russell 2000 hits all-time high as investors cheer Trump's Treasury pick
A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday.
Published: 2024-11-25 21:46:26
America and NATO: The frightening maths of Europe’s military black hole
Published: 2024-11-25 21:46:02
Rio Tinto-backed lithium tech startup set to raise second round of funds
A lithium technology startup backed by Rio Tinto RIO-N expects to finalize a funding round in the next week to raise A$29 million ($19 million), even as the global lithium market struggles, its Melbourne-based CEO told Reuters. ElectraLith is developing a filtration technology that can extract…
Published: 2024-11-25 21:46:12
US rejects bid to rethink new automobile automatic emergency braking rules
The National Highway Traffic Safety Administration said on Monday it will not reconsider a landmark rule finalized in April requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems.
Published: 2024-11-25 21:45:53
The auto industry is pulling back on its 'capital junkie' tendencies after unprecedented spending on EVs, self-driving
DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now, it’s waking up from the bender and entering rehab. Automakers from Detroit to Japan and Germany are attempting to lower…
Published: 2024-11-25 21:46:00
Starbucks baristas can't view their schedules after ransomware attack on vendor
A ransomware attack on one of Starbucks' software vendors has disrupted how the coffee chain's baristas view and manage their schedules, the company said Monday. Starbucks said it is working closely with the vendor to resolve the issue. The company did not disclose the name of the third party. The…
Published: 2024-11-25 21:35:05
Cassava Sciences and its Alzheimer’s drug are done. The damage lingers
Four years on, the Cassava Sciences story ended Monday exactly as many knew it would — with the company’s experimental drug for Alzheimer’s disease, simufilam, proving to be nothing more than a placebo in a large clinical trial. The negative outcome is devastating for the nearly 2,000 participants…
Published: 2024-11-25 21:35:04
CN Rail mechanics, clerks vote overwhelmingly to approve strike mandate
Mechanics and clerks at Canadian National Railway Co. have voted overwhelmingly in favour of a strike mandate that could see workers walk off the job as early as New Year's Day.
Published: 2024-11-25 21:45:45
Why Memecoins Matter
Memecoins are the most divisive topic in crypto. By memecoins, I mean tokens that represent an idea and fluctuate in price based on the attention that idea receives. The best meme investors tend to be young people who are very online and attuned to internet culture. Memecoins are commonly…
Published: 2024-11-25 21:35:06
Trump's pro-union Labor secretary pick is rattling conservatives
President-elect Trump's pick for Labor secretary, Rep. Lori Chavez-DeRemer (R-Ore.), appears to be a genuine union supporter and that's freaking out some business groups and conservative advocates. Why it matters: Trump campaigned as a pro-worker and somewhat pro-labor candidate — though he was a…
Published: 2024-11-25 22:19:27
Dye & Durham executives threaten to take investors to court in latest twist over battle for company
A new front is opening in the chaotic war over the future of Dye & Durham Ltd. DND-T. Past and present senior executives have hired a lawyer to take on four large institutional shareholders they accuse of trying to take over the company illegally and blocking a potential takeover. One of those is…
Published: 2024-11-25 21:46:17
Zoom’s results beat expectations, but stock slips
Videoconferencing platform Zoom Video Communications Inc. on Monday offered up third-quarter results and an outlook that came in above Wall Street’s expectations, helped by growth in its key segment geared toward businesses.
Published: 2024-11-25 21:46:08
Dog's Reaction to Owner in Hospital Is Proof Their 'Love Is Unconditional'
A video of a dog going to the hospital to visit her owner melted hearts online. Tj Roach, known on as TikTok @shucksboyphilospher, shared in a November 22 video that his dad has been in the hospital for heart and kidney failure. He expects him to make a full recovery. While there, his dad's dog,…
Published: 2024-11-25 21:35:14
PG&E eyes fresh increase in monthly bills, which could arrive in 2025
OAKLAND — PG&E is seeking a fresh increase in monthly bills — yet again — for its residential customers, this time to help the utility titan meet demand for new housing, commercial real estate and healthcare projects. The latest proposal would produce an average increase of $3.65 a month for PG&E…
Published: 2024-11-25 21:35:02
Zoom Earnings, Revenue Top Views, Guidance Slightly Above Estimates
Amid rising expectations, Zoom Video reported Q3 earnings and revenue that topped estimates as enterprise sales growth beat views. The post Zoom Earnings, Revenue Top Views, Guidance Slightly Above Estimates appeared first on Investor's Business Daily.
Published: 2024-11-25 21:35:09
How major US stock indexes fared Monday, 11/25/2024
Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high
Published: 2024-11-25 21:34:34
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Published: 2024-11-25 21:34:59
Lauren Boebert's Cameo Venture May Not Be as Lucrative as Other Republicans
Boebert has set up an account on Cameo, the platform confirmed to Newsweek. But House rules limit how much she can make from it.
Published: 2024-11-25 21:34:49
How a shortage of visas for skilled workers is affecting the US economy
People from all over the world have long come to the United States in search of opportunities. That includes immigrants, refugees and asylum seekers, and temporary workers and students who come to the U.S. on specialty visas. Among the latter are skilled foreign workers, a select group granted…
Published: 2024-11-25 21:24:03
Caller Asks Dave Ramsey 'Are You Smarter Than Warren Buffett?' As He Claims Index Funds Outperform Actively Managed Funds by 50%
Dave Ramsey's live radio show is no stranger to strong opinions, but Chris from Los Angeles took things up a notch. From the very start, Chris didn't hold back. "You've done some great work and in some ways, I love you, but in other ways, you're stupid and arrogant," he declared. Ramsey's co-host…
Published: 2024-11-25 21:23:30
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Published: 2024-11-25 21:23:28
Rocket Lab nails two missions within 24 hours – one in each hemisphere
Rocket Lab set a new speed record for launch turnaround time, successfully executing two Electron missions in 24 hours. The company added in a statement that this is also the first time any launch operator has completed a mission from each hemisphere within that time frame. Rocket Lab, which was…
Published: 2024-11-25 21:23:31
Why eggs have gotten so expensive
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The Dow set a fresh record closing high on Monday thanks to Trump optimism. Scott Bessent, Donald Trump’s pick for Treasury Secretary, plans to make tax cuts a…
Published: 2024-11-25 21:34:55
"If These People Had To Be Honest, It Would Be All Over..."
"If These People Had To Be Honest, It Would Be All Over..." Authored by James Howard Kunstler via Substack, The End of The World Frolics "If these people had to be honest, it would all be over." - Mike Benz “Now that our cheques are bouncing and we are starting to default on our debts, our…
Published: 2024-11-25 21:23:42
Bath & Body Works Surpasses Q3 Estimates, Raises 2025 Outlook
Bath & Body Works exceeded Wall Street expectations for its fiscal third-quarter performance, showcasing resilient demand for its products and raising its outlook for the year ahead. The company reported net income of $106 million, or 49 cents per share, surpassing analysts' forecast of 46 cents,…
Published: 2024-11-25 21:23:41
Carrefour's cold shoulder for South American beef sparks a backlash from Brazil
Supermarket giant Carrefour’s support for French farmers’ protests against a trade agreement between the European Union and the South American bloc Mercosur has sparked a strong reaction in Brazil
Published: 2024-11-25 21:23:27
Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.
Published: 2024-11-25 21:46:06
The Fall of Ant Group's IPO: Alibaba's Missteps, Legal Battles, and a $433.5M Settlement
In 2020, Alibaba Group Holding Ltd (NYSE:BABA) prepared for the record-breaking IPO of its affiliate, Ant Group, poised to revolutionize financial technology. Just days before the launch, regulators revealed that Ant had bypassed key banking laws to expand its services. The IPO, valued at $35…
Published: 2024-11-25 21:34:41
Zoom raises annual revenue forecast
Zoom Video Communications raised its forecast for fiscal 2025 revenue on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.
Published: 2024-11-25 21:23:45
How Caitlyn Jenner's Chances of Winning California Governor Have Changed
Could California voters elect another celebrity to lead the Golden State? Caitlyn Jenner—a former Olympic champion and reality TV star—is considering another run for governor. In a post on X, formerly Twitter, on Monday, Jenner asked if she should run again, saying she has "been getting a lot of…
Published: 2024-11-25 21:23:55
Warren Buffett Donates $1.1B in Stock to Charities and Updates Will
Warren Buffett is donating $1.1 billion worth of Berkshire Hathaway stock to four of his family's foundations.
Published: 2024-11-25 21:23:22
San Francisco Mayor-elect Daniel Lurie taps OpenAI's Sam Altman and other business leaders for help with transition
San Francisco's Mayor-elect Daniel Lurie has begun tapping tech heavyweights and business leaders to help with his goal of overhauling the city's image, including a transition team that includes OpenAI CEO Sam Altman and former Twitter CFO Ned Segal. Lurie, a centrist Democrat and Levi Strauss…
Published: 2024-11-25 21:23:48
Tron founder Justin Sun invests $30M in Trump's World Liberty Financial, making him the largest investor in the DeFi project
Published: 2024-11-25 21:12:47
DOJ’s Sunday filing raises issues with NAR deal
DOJ’s Sunday filing raises issues with NAR deal The agency takes no position on the settlement’s approval but says it’s not an antitrust shield — and expresses concern over buyer agent agreements. The U.S. Department of Justice has weighed in on the NAR deal to settle commissions lawsuits and…
Published: 2024-11-25 21:12:31
Carrefour’s cold shoulder for South American beef sparks a backlash from Brazil
Supermarket giant Carrefour’s support for French farmers’ protests against a trade agreement between the European Union and the South American bloc Mercosur has sparked a strong reaction in Brazil.
Published: 2024-11-25 21:46:08
First right whales of season gorge on critical food off Massachusetts, giving hope for a strong year
Scientists who study a critically endangered species of whale that lives off New England said encouraging early signs suggest the animals could have a strong season for feeding and breeding. The North Atlantic right whale is one of the rarest whale species in the world and it is thought to number…
Published: 2024-11-25 21:12:32
Elon Musk calls F-35 makers 'idiots' while championing drone tech
Elon Musk is calling F-35 makers "idiots" for building manned jets while drone technology soars. Here's what experts say on the subject. Read the original article on Business Insider
Published: 2024-11-25 21:12:26
Pakistan Protests Turn Violent as Officer Killed, Dozens of People Injured
Pakistani police used tear gas to disperse supporters of jailed former Prime Minister Imran Khan.
Published: 2024-11-25 21:12:36
Zoom's Q2 revenue by 3.6% to $1.18 billion
Zoom Video Communications Inc. announced on Monday its revenue in the second quarter of the company's fiscal year 2025 rose by 3.6% compared to the same period the year before to hit $1.18 billion. It...
Published: 2024-11-25 21:12:35
Shoygu: Russia ready for dialogue with Afghanistan
Russia's Security Council Secretary Sergey Shoygu on Monday expressed Moscow's readiness to build a "constructive" and "political" dialogue with leadership in Afghanistan, RIA Novosti reported."Over t...
Published: 2024-11-25 21:12:48
Dow Notches Another Record as Bond Yields Fall
5 min ago Dow Notches Another Record as Bond Yields Fall The Dow notched another record on Monday S&P 500 extended its winning streak to six trading days on Monday, but the so-called yield curve inverted for the first time since September. The S&P 500 also rose, extending its winning streak to six…
Published: 2024-11-25 21:12:33
Cautious consumers leave fast food flat
Ken Otto, chief executive of Redberry Restaurants, talks with Financial Post’s Larysa Harapyn about the new look at select Canadian Burger King restaurants and the outlook for the fast-food sector. Bookmark our website and support our journalism: Don’t miss the business news you need to know — add…
Published: 2024-11-25 21:12:27
Stock market today: Dow hits record as Trump's pick for Treasury stokes optimism
Published: 2024-11-25 21:12:35
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
When a U.S. president faces the end of his term, there is often a mad dash to take care of any unfinished business. Sometimes he undertakes tasks at the last minute to avoid political blowback—for example, issuing controversial pardons—but it's typically just a matter of, lots to do and a waning…
Published: 2024-11-25 21:23:40
Court Decision About Discovery in Libel Lawsuit Against Council on American-Islamic Relations Foundation
From today's order by Magistrate Judge David T. Schutz (D. Minn.) in Saroya v. CAIR Foundation, Inc.: Plaintiff Lori Saroya … moves to compel discovery from Defendant CAIR Foundation, Inc. … and its affiliated regional non-profit organizations…. Because Saroya's allegations raise claims that…
Published: 2024-11-25 21:12:42
White House Asks Congress for Extra $5.7 Billion for Submarine Cost Overruns
Published: 2024-11-25 21:34:43
Canadian dollar steadies as bond market rallies, oil tumbles
The Canadian dollar CADUSD steadied against its U.S. counterpart on Monday as the bond market’s enthusiasm about the choice of U.S. Treasury secretary offset a drop in oil prices and caution ahead of comments by a Bank of Canada policymaker. The loonie was trading nearly unchanged at 1.3978 per…
Published: 2024-11-25 21:12:18
Call options: Learn the basics of buying and selling
Call options are a type of option that increases in value when a stock rises. They’re the best-known kind of option, and they allow the owner to lock in a price to buy a specific stock by a specific date. Call options are appealing because they can appreciate quickly on a small move up in the…
Published: 2024-11-25 21:01:45
A US judge sets an April 14 trial date for an FTC lawsuit, filed in 2020, alleging that Meta's acquisitions of Instagram and WhatsApp violated antitrust laws
Published: 2024-11-25 21:01:30
Black Friday 2024: Should you buy online or in-store?
Scoring deals — either for those you love or for yourself — has become as much of a holiday tradition as putting up a Christmas tree, making Black Friday one of the most important sales days for retailers. Taking place the day after Thanksgiving, Black Friday traditionally begins the holiday…
Published: 2024-11-25 21:12:33
What to know before closing a credit card with a balance
Key takeaways If you close a credit card with a balance, you’ll still be responsible for that debt. Card issuers will continue to send statements in the mail, and interest will still be applied to that balance. In general, it’s best to leave your account open and simply avoid using it if you want…
Published: 2024-11-25 21:01:22
Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin
In This Article: Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC's “Mad Money Lightning Round,” Jim Cramer said MicroStrategy Incorporated (NASDAQ:MSTR) is a Bitcoin play and he prefers to actually own Bitcoin (CRYPTO:…
Published: 2024-11-25 22:30:49
Stock market today: Dow leaps 400 points to fresh high as Wall Street cheers Trump's pick of Scott Bessent
Stock market today: Dow leaps 400 points to fresh high as Wall Street cheers Trump's pick of Scott Bessent In This Article: US stocks rose on Monday as small caps rallied near new highs and the Dow Jones Industrial Average (^DJI) rose more than 400 points amid a broad sense of optimism over…
Published: 2024-11-25 22:19:22
The Best Times to Travel During the Holidays
Clint Henderson, managing editor at The Points Guy, explains the best times to #travel for the Thanksgiving #holiday and offers tips to finding the best value for holiday travel. #Thanksgiving #Christmas #travelhacks -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to…
Published: 2024-11-25 21:12:20
US closes 430 pts higher amid new records, Trump's Treasury pick
US stocks closed higher on Monday, with the Dow Jones Industrial Average climbing to a new record. The small-cap Russell 2000 surged nearly 2%, setting an all-time high. The market moves come as inves...
Published: 2024-11-25 21:01:36
Amazon is selling an 'essential' $100 tool set for just $60 during Black Friday
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Having an all-in-one tool set is one of the best things you can do for yourself since it's so versatile and useful. Amazon always has a great selection of tool sets,…
Published: 2024-11-25 21:12:31
Sister Wives' Meri Brown Can't 'Understand' Why Kody Brown Is Sobbing Over Their Divorce
Kody Brown got emotional while helping his ex-wife, Meri Brown, move into her new home. On the Sunday, November 23, episode of Sister Wives, Kody assisted Meri in her move from Flagstaff, Arizona, to Parowan, Utah — help that Meri previously called her "severance package" in her split from…
Published: 2024-11-25 21:01:49
Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them…
Published: 2024-11-25 21:12:21
Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion
The value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year. This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a…
Published: 2024-11-25 21:01:00
Why F-35 Fighter Jets Are "Obsolete", According to Elon Musk
As Elon Musk takes charge of the newly formed Department of Government Efficiency (DOGE), created to advise the White House on optimizing federal spending, the F-35 stealth jet program has become a key target of his criticism. Over the weekend, the Tesla CEO and a surrogate for Donald Trump…
Published: 2024-11-25 21:01:22
UBS Cuts Advisor Pay. Here’s Why
UBS is trimming some financial advisor payouts as part of its 2025 compensation plan, a move that risks advisors departures in the short term but may help the Swiss bank improve the profitability of its U.S. wealth management unit. Those who will likely be hardest hit are advisors who manage…
Published: 2024-11-25 21:01:30
Why 'Jeopardy!' Fans Are Questioning Recent Ruling On Contestant's Answer
Jeopardy! has had a history of controversial rulings through the years, but one contestant's recent answer has fans confused. On the Friday, November 22 episode of the beloved game show, one contestant seemingly mispronounced a French word but still managed to get the question right. During the…
Published: 2024-11-25 21:01:24
Elon Musk Shoots Down Lockheed Martin, Other F-35 Defense Stocks
CEO Elon Musk, co-head of President-elect Donald Trump's Department of Government Efficiency, ridiculed F-35 fighter jets on his social site X. That hit shares of Lockheed Martin (LMT) and key F-35 contractors Northrop Grumman (NOC) and RTX (RTX). Elon Musk, in a Sunday post, showed a video of…
Published: 2024-11-25 21:01:11
Pump.fun suspends livestream feature amid backlash
Pump.fun suspends livestream feature amid backlash pump.fun’s anonymous founder said they would work to protect users from seeing “repulsive/dangerous content” pump.fun and Adobe stock modified by Blockworks This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The…
Published: 2024-11-25 21:57:26
Mary Trump Urges Democrats to 'Fight Back' Against GOP's Total Control
Donald Trump's estranged niece rallies Democratic resistance after his presidential victory and the GOP's congressional sweep.
Published: 2024-11-25 21:01:22
RockCreek's Beschloss Sees Favorable Environment for US Stocks
RockCreek founder and CEO Afsaneh Beschloss says the US economy is in a good place for equities to do well. She speaks on ...
Published: 2024-11-25 20:56:59
Ticker: Thousands of Microsoft 365 users report outage issues; raw milk recall and N.C. airport strike
Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening…
Published: 2024-11-25 21:01:07
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.
Published: 2024-11-25 20:50:51
The Gaetz Flop Suggests That Trump Is Still His Own Worst Enemy
Observers proposed several explanations for President-elect Donald Trump's flabbergasting nomination of former Florida congressman Matt Gaetz as attorney general, which ended last Thursday, eight days after it was announced. Those theories were superficially plausible but ultimately unsatisfying.…
Published: 2024-11-25 21:01:19
Blue Yonder ransomware attack disrupts supply chains across UK and US
Blue Yonder, a supply chain software company serving clients across the UK and the US, has disclosed a ransomware attack that disrupted its private cloud services. The attack on 21 November 2024 impacted several key customers, including major grocery chains and Fortune 500 companies. The…
Published: 2024-11-25 20:50:19
Trump's trade plan could mean higher prices, and avoiding the impact won't be simple
Published: 2024-11-25 20:50:13
Tesla appears to be building a teleoperations team for its robotaxi service
As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it’s building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely access…
Published: 2024-11-25 20:50:18
Anthony Scaramucci explains how the Democrats flopped on crypto
Skybridge founder Anthony Scaramucci analyzes the Democrats' electoral flop and names crypto as a key reason for their loss.
Published: 2024-11-25 21:01:26
The resistance, part two: Democratic states are preparing for Donald Trump’s return
Published: 2024-11-25 21:01:11
Tulsi Gabbard Never Met an Authoritarian She Didn't Like | Opinion
Tulsi Gabbard, the feckless Democrat turned Republican, is the author of a failed presidential bid, has not held elected office since 2020, gets glowing coverage on Russian state media, blames America for the world's ills, and repeats the kind of weird conspiracy-laden stuff your aunt posts on…
Published: 2024-11-25 20:50:27
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