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Business News

Location American Business News for 31 December 2024
Here's the 2025 surprise that could cause a 10% to 15% stock correction Strategist Jim Paulsen says the economic backdrop is pointing to a slowdown in 2025 and this could drive down stocks.
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MicroStrategy shares slip 8% after its end-of-year Bitcoin buy MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage.
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Madoff fraud victims get $4.3bn as fund completes payouts Victims of one of the biggest frauds in US history set to recover more than 90% of proven losses.
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Crypto fugitive Do Kwon extradited to US over $40bn crash US authorities allege he was responsible for the collapse of two coins, prompting a massive crypto sell-off.
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What's going to happen with Social Security and Medicare in 2025? What retirees should know about these important benefits heading into the new year.
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Zuckerberg is cashing in on Meta's record stock price with fresh share sales Facebook's founder and CEO has sold a record of more than $2 billion of Meta's stock this year.
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These 20 stocks in the S&P 500 rose the most in 2024

Market Watch - 31 Dec 2024 14:30
These 20 stocks in the S&P 500 rose the most in 2024 Big Tech led another banner year for the U.S. large-cap benchmark stock index.
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Retail investors never had so many ways to invest. What's at stake in 2025. New technology can make investing easier -- or more complicated -- for retail investors.
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Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia's Energy Resources Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners...
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Silliest memecoins of 2024: Farts, felines and a famous dead squirrel Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air.
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Malaysia Cracks Down on Unregistered Crypto Exchanges: Bybit Ordered to Halt Operations Malaysia has ordered Bybit to halt its crypto exchange operations in the country, as regulators crack down on unregistered platforms. Bybit Faces Enforcement in Malaysia Over Unregistered Crypto Exchange Operations The S...
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Stocks on Pace for Best Two Years in a Quarter-Century

Wall Street Journal - 31 Dec 2024 06:00
Some investors caution against thinking that the rapid pace of gains can continue because interest rates may remain higher than anticipated.
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Justice Department alleges Dave's CEO misled the fintech's users The agency's lawsuit contends that CEO Jason Wilk designed the company's "tip" feature, and that Dave doesn't make the cost of tipping clear to consumers.
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Dunkin' launches espresso drink with Sabrina Carpenter, $5 meal deal: 'Shake that Ess' On Tuesday, the donut and coffee chain launched its Brown Sugar Shakin' Espresso in partnership with the Grammy-nominated pop star Sabrina Carpenter.
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Knicks, Rangers games set to go dark amid contract battle between MSG and Optimum Neither side is willing to budge over the carriage fees paid by Optimum parent Altice to broadcast MSG Networks, which is run by Knicks and Rangers owner James Dolan.
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Do Kwon Extradited to US to Face Crypto Fraud Charges Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his...
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Tesla's stock got a big Trump bump. Now Elon Musk needs to get back to work. Some of the question marks for the coming year: How will Chief Executive Elon Musk's foray into politics will play out? And how fast and seamless will Tesla's new projects, including a cheaper EV and vehicle redesigns, c...
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The S&P 500 gained 23% in 2024, nearly matching the 24% rally last year. Analysts are expecting the bull run to continue next year, though at a slower pace.
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AnonCasino.com Officially Launches: The World's First Autonomous and Anonymous Online Casino PRESS RELEASE. The future of online gambling has arrived with the official launch of Anon Casino, a fully autonomous, anonymous, and borderless online casino designed to redefine the gaming experience. Powered by blockch...
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Banks refocus on succession planning and strategy in 2024

American Banker - 31 Dec 2024 23:00
Banks refocus on succession planning and strategy in 2024 A number of banks mixed up their executive teams in the past year, as they shifted strategy, handled regulatory problems or planned for retirement.
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Silicon Valley relies on Indian tech workers. This group cheered Trump's appointment of Sriram Krishnan, then grew concerned after MAGA criticism.
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Oil prices finish 2024 little-changed, but some see scope for gains in 2025 Crude-oil prices climbed on Tuesday, but the U.S.-traded benchmark finished the year only marginally above where it started.
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