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Business News

Location American Business News for 6 December 2024
Macy's Brooklyn store could be next home for family-friendly attractions after sale: 'Everything is on the table' It's expected that the Brooklyn location will be one of the 150 stores Macy's plans to close next year.
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Gold Edges Higher Ahead of U.S. Jobs Report

Wall Street Journal - 6 Dec 2024 02:22
Gold edged higher in early Asian trade, ahead of the U.S. nonfarm payrolls report due later today.
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GameStop shares surge after cryptic post from 'Roaring Kitty': 'Seen that pattern again' Gill posted a picture resembling a Time magazine cover from 2006 with a computer screen on X.
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Victoria's Secret says it won these 'major moments' as it bumps full-year sales forecast Victoria's Secret on Thursday raised its full-year sales outlook after making gains via the back-to-school season and a new sportswear launch, noting that improved performance in the third quarter had continued through B...
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US jobs bounce back after hurricanes and strikes Employers added 227,000 jobs in November as markets look ahead to what it means for interest rates.
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EU agrees landmark trade deal with South America The trade pact promises lower tariffs for each bloc, but it still may get pushback from EU member states.
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Royal Caribbean's stock is soaring and this new top bull says keep buying Royal Caribbean's stock is flying toward a record weekly win streak, and Wall Street's new most-bullish analyst explains why you should keep buying.
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As Trump Threatens Tariffs, Europe and South America Strengthen Ties The European Union and five South American countries have reached an agreement to establish one of the largest trade zones in the world.
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The Growing Cost of Making C.E.O.s Safe

The New York Times - 6 Dec 2024 14:38
The Growing Cost of Making C.E.O.s Safe The tragic killing of UnitedHealthCare's Brian Thompson has spurred companies to ratchet up security for their most senior executives.
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Nikkei Down 0.2%, Dragged by Machinery, Electronics Stocks

Wall Street Journal - 6 Dec 2024 02:17
Japanese stocks were lower, dragged by falls in machinery and electronics stocks, amid caution ahead of U.S. jobs data due later in the day.
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Someone impossible to buy for? Perhaps AI can help With vast amounts of data do draw on, AI should be able to come up with good gift ideas, but does it?
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South Korea ETFs struggle despite country showing 'resiliency' after martial law It's been a head-spinning week for ETF investors monitoring geopolitical risks to stocks in their portfolios.
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Bitcoin's Road to $1 Million: The Seventh Wonder of the Financial World Makes History Bitcoin (BTC) continues its historic climb, trading at $103,232 and boasting a market capitalization of $2.039 trillion, a milestone that cements its place as the seventh most valuable asset globally. This surge places i...
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What does Trump really think about Social Security?

Market Watch - 6 Dec 2024 23:57
What does Trump really think about Social Security? Trump has promised to protect Social Security and Medicare, but lots of his fellow Republicans appear to have other ideas.
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John Mark Karr claimed he was with JonBenét Ramsey when she died. Here's where he is today. Who is "Daxis"? "Cold Case: Who Killed JonBenét Ramsey" recounts how John Mark Karr used a pseudonym to confess he was with her when she died.
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CFPB lawsuit is just the latest regulatory headache for Comerica The Dallas-based bank has a growing list of legal and regulatory issues -- some of them connected to its role in a U.S. government benefits program, and others not.
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Reports of Solana ETF Rejections Surface

Bitcoin.com - 6 Dec 2024 23:30
Reports of Solana ETF Rejections Surface Insiders are speculating that "the SEC won't entertain any new crypto ETFs under the current administration." SEC To Reject Solana ETF Applications, Insiders Say Rumors that the U.S. Securities and Exchange Commission (S...
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Crypto Biz: Wall Street gets a taste of altseason

Coin Telegraph - 6 Dec 2024 23:30
Crypto Biz: Wall Street gets a taste of altseason This week's Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta's stablecoin sunset, BitGo's plans for India, and more.
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Tesla's stock closes at highest price in nearly 3 years. Here's why it can keep going. Tesla shares powered to their highest close in years on Friday, and BofA Securities recently laid out reasons why they can continue to rally.
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The aging U.S. power grid is slowing Big Tech's data centers and AI's future The Trump administration and state policymakers should ease regulations on utilities.
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Portable generator vs power station: Which power solution is best for you? Portable generators and power stations both supply external energy in case of outages, but they differ in terms of ease of use, cost, and portability.
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The jobs data for November was enough to bolster confidence in the economy while also raising investors' hopes for another rate cut this month.
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