T-bill supply will turn negative soon without a U.S. debt-limit deal: BofA
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GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.The Wall Street Journal - 2d -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - 4d -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Winter blast turns deadly as U.S. fights frigid temperatures
Power outages are being reported across the U.S. as frigid temperatures and snow sweep through the U.S., and several weather-related deaths are being reported. CBS News Philadelphia's Nikki ...CBS News - Jan. 7 -
Man charged with killing NHL’s Johnny Gaudreau and brother turns down deal
Sean M Higgins shuns offer of 35 years in prison Police say 44-year-old hit brothers while over the limit The driver charged with killing NHL hockey player Johnny Gaudreau and his brother, ...The Guardian - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3
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S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 2h -
Elon Musk once called his questions ‘boneheaded.’ What Wall Street is losing as this clear-eyed analyst retires.
With the incoming pro-business Trump administration, Wall Street needs people willing to ask hard questions and look into whether there’s substance behind bold corporate predictions.MarketWatch - 2h -
Walgreens stock sinks after DOJ sues over illegal-prescription accusations
The pharmacy “allowed millions of opioid pills and other controlled substances to flow illegally out of Walgreens stores,” the Justice Department said.MarketWatch - 3h -
It starts with Red No. 3. These are the dyes and food additives that could be banned next.
Experts say consumers may end up paying more if food and drink products are reformulated.MarketWatch - 4h
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TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.CNBC - 7m -
Jean Jennings, Who Wrote With Verve About Cars, Dies at 70
A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.The New York Times - 27m -
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 57m -
S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Supreme Court Backs Law Requiring TikTok to Be Sold or Banned
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.The New York Times - 2h