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Business News

Location American Business News for 18 December 2024

Oil Prices Likely to Be Subdued Ahead of Fed Decision

Wall Street Journal - 18 Dec 2024 03:33
Oil prices are expected to be subdued ahead of the Federal Reserve's key rate decision, said Phillip Nova senior market analyst Priyanka Sachdeva.
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Honda, Nissan planning to start merger talks in light of EV competition: reports The two companies are facing tough competition from fellow EV makers.
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David Bonderman, Co-Founder of Private Equity Giant TPG, Dies at 82 A globe-trotting lawyer turned investor, he helped transform a cottage industry into a colossus with influence on Wall Street and beyond.
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IBM's stock has missed the quantum rally but could still be your ticket to ride that hot trend Melius Research analyst Ben Reitzes says IBM's quantum computing practice dates back to the 1980s
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You have a 72% chance of making money in stocks in 2025 Why it's short-sighted to bet against the market in 2025 -- or any year.
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Broadcom and Marvell are a growing threat to Nvidia as AI-chip needs evolve Both Broadcom and Marvell have talked about big potential opportunities for their custom ASIC chips.
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Tesla's stock should be bought on pullbacks for all these reasons, analyst says Tesla's stock heads toward a rare decline, and Baird analyst gives many reasons why pullbacks should be bought.
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U.S. Treasury Yield Curve Expected to Steepen

Wall Street Journal - 18 Dec 2024 05:29
The Treasury yield curve is expected to steepen as Fed rate cuts anchor short-term yields, said T. Rowe Price.
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Pantera Founder Backs Trump's Bitcoin Reserve Proposal: 'It's Actually a Really Good Policy' Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership. Dan Morehead Champions US Bitcoin Reserve Propo...
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What's behind the Dow's current losing streak -- and should investors be worried? The Dow Jones Industrial Average fell for a ninth straight day on Tuesday, its longest losing streak since 1978.
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Dow hits worst streak in more than 40 years as Fed eyes slower rate cuts in 2025 with incoming Trump admin A CNBC poll showed there is uneasiness about Trump's threat of slapping tariffs on foreign goods.
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Retail theft surges 93% since before COVID-19 pandemic: 'Retailers have not been crying wolf' There were an average of 177 shoplifting incidents per day in 2023.
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The best Sonos soundbars of 2024

Business Insider - 18 Dec 2024 23:48
The best Sonos soundbars of 2024 Sonos makes several great wireless soundbars, including models with Alexa support and Dolby Atmos capabilities.
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Synthetix launches multi-collateral perps on Base amid revamp The DeFi protocol also launched an in-house perpetuals trading app.
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Synthetix launches multi-collateral perps on Base amid revamp The DeFi protocol also launched an in-house perpetuals trading app.
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Users can now give ChatGPT a ring and ask questions. (800)-ChatGPT accepts any device that can make calls, even for those without a data plan
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On Wednesday, cryptocurrency entrepreneur Roger Ver joined The Alex Jones Show alongside Mike Adams, who is widely recognized as "The Health Ranger" and serves as the founder and owner of Natural News. During the segment...
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Trump 'uncertainty' contributes to hawkish shift at Fed

American Banker - 18 Dec 2024 23:30
Trump 'uncertainty' contributes to hawkish shift at Fed The Federal Reserve lowered its policy rate but signaled a more "cautious" approach to future cuts in light of higher inflation expectations. Policy uncertainty was one of several contributing factors to that change in f...
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After the Federal Reserve cut interest rates in its final decision of the year, Powell said tariffs could add uncertainty to the central bank's plans.
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How a Trump-brokered deal could 'save' TikTok as deadline looms on possible US ban President-elect Trump could keep his pledge to “save” TikTok -- and still address national security concerns that spurred Congress to authorize a ban — by brokering a sale of the Chinese-owned app to a US buyer, ex...
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The The Oscar-nominated filmmaker discusses finding the proper perspective for depicting the characters of his latest film adaptation.
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California governor declares 'proactive' state of emergency as bird flu spreads through dairy cows The H5N1 bird-flu virus has been found in new dairy-cattle herds in Southern California. No human-to-human spread has been documented.
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