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Business News

Location American Business News for 30 December 2024
El Salvador Showcases Bitcoin Success in Key Meeting With Chinese Ambassador El Salvador’s vice president highlighted bitcoin’s role in economic growth during a meeting with China’s ambassador, emphasizing Chinese cooperation in advancing digital infrastructure projects. El Salvador Spotlig...
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Nikkei Slips 0.2%, Dragged by Auto, Machinery Stocks

Wall Street Journal - 30 Dec 2024 02:15
The Nikkei Stock Average fell 0.2% at 40200.50 as falls in auto and machinery stocks offset gains in bank shares.
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Barbados fishing industry still reeling from hurricane aftermath Hurricane Beryl lashed the island in July, devastating much of its fishing fleet.
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Vietnamese police foil $1M crypto scam, protect 300 potential victims Vietnamese police thwarted a crypto scam that has already taken in $1.17 million, saving 300 potential victims and uncovering fictitious tokens.
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5 ways the Trump administration could change Wall Street in 2025 Donald Trump takes office on January 20. Here are 5 ways he is expected to change Wall Street, from M&A to capital regulations to fintechs.
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There are 3 possible 2025 outlooks for stocks -- here's how to find the right one Trump's victory-elated Republicans, maybe paving the way for another trick Ken Fisher proved decades ago - the "Perverse Inverse."
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What I Got Right About Markets in 2024---And Very Wrong

Wall Street Journal - 30 Dec 2024 06:00
The economy, AI and Donald Trump all threw our columnist some curveballs.
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Ethereum long-term holders climbed in 2024 as Bitcoin holders fell Long-term ETH holders have proved they have superior diamond hands to Bitcoiners throughout 2024.
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Oil Edges Higher; Supply, Demand Stable

Wall Street Journal - 30 Dec 2024 04:28
Oil prices edged higher in early Asian trading.
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6 US cities are getting new Costco warehouses in March

Business Insider - 30 Dec 2024 00:27
6 US cities are getting new Costco warehouses in March Costco's first wave of openings in 2025 will be in California, Texas, Michigan, and Massachusetts, with roughly a dozen more still to be announced.
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Tech, Media & Telecom Roundup

Wall Street Journal - 30 Dec 2024 23:58
Find insights on Stubhub, alternative lodging trends, TikTok, and more in the latest Market Talks involving the Technology, Media and Telecommunications sector.
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Nvidia closes $700M Run:ai acquisition after regulatory hurdles Nvidia completed the deal after a series of antitrust roadblocks.
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Stocks are skipping the 'Santa Claus rally' again this year. That doesn't bode well for January. Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the year.
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Rank-and-file bank workers sell client data to online scammers: report Low-level bank employees continue to get caught selling personal information, exposing a major weakness in bank security, according to a report.
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Friends and former colleagues recall OpenAI whistleblower as 'one of the true geniuses' Former OpenAI researcher Suchir Balaji was described by former colleagues and friends as a brilliant person during a memorial service on Saturday.
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The Dow ended more than 400 points lower on Monday, clawing back some of the deepest losses from earlier in the day.
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Weekly Inflows and Outflows Show Contrasting Fortunes for BTC and ETH ETFs Ethereum ETFs closed the week strong with inflows above $300 million while bitcoin ETFs saw outflows of close to $400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and et...
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Fidelity lifts valuation of Elon Musk's X and xAI even higher Fidelity has boosted its valuation of the two Musk startups for the third month in a row, according to recent filings.
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James Mangold considered contacting Joaquin Phoenix to play Johnny Cash in 'A Complete Unknown' "A Complete Unknown" features Boyd Holbrook as Johnny Cash. In James Mangold's earlier movie "Walk the Line," Joaquin Phoenix played the singer.
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Riot believed the show would be the first of many produced by its new entertainment division, which would transform the Los-Angeles based company into the next Walt Disney Co.
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Walmès? Shoppers can't stop talking about the $78 Walmart bag that resembles a $10,000 Hermès Birkin. Hermès Birkin handbag lookalikes are selling out on Walmart's website after having a viral moment on TikTok
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A top US missile-defense system was just used in combat for the 1st time to defend Israel The THAAD battery was used in theater over the past couple of days, a US defense official confirmed to Business Insider.
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