Business News
Sex Work the American Way
The New Yorker - 12 Dec 2024 01:00
From the daily newsletter: sex work in America. Plus: remembering Nikki Giovanni; Kenneth Branagh's life in Shakespeare; and is Kash Patel the new J. Edgar Hoover?
Gold Edges Higher as Fed Rate Cut Prospects Support
Wall Street Journal - 12 Dec 2024 02:13
Gold edged higher in the early Asian session, supported by ongoing prospects of a Fed rate cut next week.
Nasdaq blocked from imposing board diversity rules for companies on exchange
New York Post - 12 Dec 2024 01:59
The appeals court sided with two conservative advocacy groups in finding that the rules approved by the Securities and Exchange Commission ran afoul of federal securities law.
Jobless claims jump to two-month high in a cautionary sign, but holidays may be to blame
Market Watch - 12 Dec 2024 16:58Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
Market Watch - 12 Dec 2024 16:44Bitcoin ATM Giant Byte Federal Suffers Data Breach: 58,000 Users Affected
Bitcoin.com - 12 Dec 2024 16:30
58,000 users' personal data was potentially compromised in Byte Federal data breach. Byte Federal Suffers Data Breach Byte Federal, one of the largest bitcoin ATM providers in the U.S. has disclosed a data breach impacti...
Tesla's stock keeps rising toward another record as valuation tops $1.3 trillion
Market Watch - 12 Dec 2024 16:04China Pledges More Stimulus to Shore Up Flagging Economy
The New York Times - 12 Dec 2024 15:57
At a meeting to set the party's economic policy agenda, China's leadership said it would borrow more and cut interest rates in a bid to bolster growth.
GameStop has 'virtually no chance' of returning to profitability in its core business, says Wedbush
Market Watch - 12 Dec 2024 15:44Yuan to Stay Stable on Economic Fundamentals, Chinese State Media Says
Wall Street Journal - 12 Dec 2024 03:51
Potential tariff hikes from the U.S. have caused some volatility in the yuan and raised speculation that China may devalue the currency to help exporters.
Oil Rises; Focus on Fed, IEA Report
Wall Street Journal - 12 Dec 2024 03:36
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting market sentiment, ANZ R...
JGBs Mixed Amid Possible Position Adjustments
Wall Street Journal - 12 Dec 2024 02:28
The JGBs were mixed in the morning Tokyo session amid possible position adjustments.
Nikkei Up 1.4%, Led by Tech, Electronics Stocks
Wall Street Journal - 12 Dec 2024 02:16
Japanese stocks were higher, led by gains in tech and electronics stocks, as hopes continue for the Fed's rate cut next week.
NYC prices rising faster than 12 other major US cities -- quickest pace since March 2023
New York Post - 12 Dec 2024 00:40
If you feel like prices are calming down everywhere except New York - you're right.
Basic Materials Roundup: Market Talk
Wall Street Journal - 12 Dec 2024 23:59Waste Management Keeps Focus on Renewable Energy, CEO Says
Wall Street Journal - 12 Dec 2024 23:58Financial Services Roundup: Market Talk
Wall Street Journal - 12 Dec 2024 23:58Energy & Utilities Roundup: Market Talk
Wall Street Journal - 12 Dec 2024 23:56ChatGPT gets screensharing and real-time video analysis, rivaling Gemini 2
Venture Beat - 12 Dec 2024 23:55
OpenAI now lets users video chat with ChatGPT in advanced voice mode, and the chatbot will respond to real-time images.
Bill Belichick's shocking move to coach UNC shows how college teams are looking more like the pros
Business Insider - 12 Dec 2024 23:49The moment Luke Wilson knew 'Old School' would be a hit: 'There were kids high-fiving in the parking lot'
Business Insider - 12 Dec 2024 23:44Amid intimidation claims, Wells Fargo investigators vote to unionize
L.A. Times - 12 Dec 2024 23:40
Workers seeking to unionize accuse the bank of firing members of their proposed bargaining unit ahead of a scheduled vote. They still won their election.