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Business News

Location American Business News for 20 December 2024

The best design books of 2024

Fast Company - 20 Dec 2024 11:00
The best design books of 2024 From an atlas of never-built architecture to a monograph on Alexander Girard, 2024 had a wealth of exciting design books. I think about this year-end list of design books all year long, collecting stacks, reading hundred...
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What is Patreon?

Small Business Trends - 20 Dec 2024 17:20
What is Patreon? Patreon can be hugely beneficial for business crowdfunding. But what is Patreon and how can you use it? Find out everything you need to know here.
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There's a New Obesity King

Wall Street Journal - 20 Dec 2024 20:07
Eli Lilly is now comfortably ahead of Novo Nordisk in the race to dominate the market for obesity treatments.
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Massive data breach at federal credit union exposes 240K members SRP Federal Credit Union had a major data breach impacting more than 240,000 people.
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Nike CEO says sneaker giant 'lost its obsession with sport,' vows to revive iconic brand Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.
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Consumer spending shows good, not great, kickoff to holiday shopping season Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough to suggest an acceleration in U.S. economic growth.
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Fed-favored inflation gauge surprises by showing slower price increases in November The barometer of U.S. inflation favored by the Federal Reserve rose more slowly than expected in November, breaking what appears to a gradual drift higher in prices that forced the central bank to scale back plans to cut...
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Bitcoin prices are tumbling. Some hope a Trump strategic reserve will restart the rally. Dennis Porter is now seeing the culmination of years of hard work and his single-minded dedication to the idea that bitcoin can serve as a national strategic asset.
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Hedge fund strategist flags biggest concern for markets in 2025 -- and offers ideas for shelter Ed Cole, head of multi strategy, equities at Man Group talks inflation risks and the problem with investors all in on the U.S. market.
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Treasury yields were slipping on Friday ahead of inflation data and as investors watched for a potential partial government shutdown.
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Donald Trump tells EU to buy more US oil and gas or face tariffs President-elect reignites fears of a trade war as he says bloc must make up its 'tremendous deficit' with US The US president-elect, Donald Trump, has warned the EU that it will face trade tariffs on its exports to the U...
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A guide to misinformation about Trump, JPMorgan CEO Jamie Dimon's 'bromance' The world's top banker is ready to provide advice and counsel for Trump if it's needed, an insider told On The Money.
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Ledger Users Targeted in New Data Breach Phishing Campaign Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that ...
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Big Tech ETF on pace to snap weekly winning streak amid S&P 500 breadth worries Megacap stocks can "mask a lot of the internal weakness" in the S&P 500, says Todd Sohn, an ETF strategist at Strategas.
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Gold Steady; Softer India Demand May Weigh

Wall Street Journal - 20 Dec 2024 02:08
Gold was steady in early Asian trade. The precious metal has staged a recovery after a sharp fall following the Fed's signaling of a more cautious approach to rate cuts next year, ANZ said.
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Government shutdown looms as House fails to pass funding bill championed by Musk and Trump The House of Representatives failed to pass a stripped-down spending bill, pushing the government closer to a partial shutdown.
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New Jersey father and son fraudsters confess to $100M stock scam Peter Coker Sr., 82, and Peter Coker Jr., 56, confessed to helping boost the stock price of a company that owned a NJ deli
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Murky group behind 'Hawk Tuah' girl Haliey Welch's failed meme coin sued by investors The coin -- inspired by "Hawk Tuah" girl Haliey Welch -- crashed hours after its launch earlier this month.
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Amazon Reaches Settlement to Resolve Federal Safety Accusations The Occupational Safety and Health Administration agreed to withdraw citations at nine of 10 warehouses where it had flagged violations; the company agreed to a $145,000 penalty.
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JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle.
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Stocks Rally on Hopes for More Rate Cuts

Wall Street Journal - 20 Dec 2024 23:41
Friday's gains help, but don't reverse, weekly declines by major indexes; Nike says it expects lower sales and margins this fiscal quarter.
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The move follows an earlier Wall Street Journal investigation that revealed a toxic and sexualized workplace culture at the bank regulator.
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