Us and European Stocks Hit New Record Highs
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Barry Callebaut Stock Melts as High Cocoa Prices Weigh on Sales Volume
The chocolate company’s shares fell after it missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand.The Wall Street Journal - 8h -
Revealed: US climate denial group working with European far-right parties
Representatives of Heartland Institute linking up with MEPs to campaign against environmental policies. Climate science deniers from a US-based thinktank have been working with rightwing ...The Guardian - 8h -
Technology and the AI trade drive stocks higher as the S&P 500 hits a new high
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 1h -
Europe’s Stoxx 600 index hits record high as EU tariff concerns soften
Investors pour money into European equities as fears of Trump threat easeFinancial Times - 4h -
'Elite mindset' - Salah hits 50th European goal for Liverpool
Mohamed Salah's 50th European goal for Liverpool in their Champions League win over Lille showed his "elite mindset".BBC News - 21h -
Historic snow record in New Orleans as storm hits the South
The amount of snow in New Orleans is setting a new record as millions of Americans in the South deal with a storm spreading from Texas to Georgia. CBS News' Kati Weis reports.CBS News - 23h -
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.CNBC - 1d -
Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live
Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token. The UK chancellor, Rachel Reeves , will travel to the ...The Guardian - 2d -
With XRP near highs ahead of Trump inauguration, can bitcoin crack a new record?
Major cryptocurrencies rallied on Friday, with bitcoin back on track toward its record high days ahead of the second inauguration of crypto-friendly President-elect Donald Trump.MarketWatch - 5d -
Luxury goods groups drive European stocks to highest level in a month
LVMH and Hermès push up Cac 40 after Richemont’s better than expected salesFinancial Times - 6d -
Record label hits back at 'illogical' Drake lawsuit
Drake's record label accuses him of trying to "silence" Kendrick Lamar with a defamation lawsuit.BBC News - 6d -
3 signs bitcoin isn’t done breaking record highs just yet
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - 6d -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - 6d -
New Brazil law restricts use of smartphones in elementary and high schools
Brazil’s President Luiz Inácio Lula da Silva has signed a bill restricting the use of smartphones at school, following a global trend for such limitationsABC News - Jan. 13 -
Crude hits 6-month high as new US sanctions trigger global supply fears
Brent crude tops $81 a barrel after Washington targets Russian oil revenuesFinancial Times - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - Jan. 13 -
Lindsey Vonn’s comeback hits a new high; Lauren Macuga wins first World Cup race
Lindsey Vonn’s stellar return to alpine skiing at age 40 continued and a rising 22-year-old American teammate announced her arrival. On Saturday in St. Anton, Austria, Vonn finished sixth place in ...Yahoo Sports - Jan. 12 -
High five or high dive? What we know about stock returns in years ending in ‘5.’
History suggests that 5 is the market’s lucky number — just don’t bet on it.MarketWatch - Jan. 11 -
US hits Venezuela with new sanctions after Maduro's 'illegitimate' inauguration
The Biden administration announced a slew of new sanctions against allies of Venezuelan President Nicolás Maduro in opposition to his claim of election victory, calling his Friday inauguration ...The Hill - Jan. 10 -
NHL Star Power Index: Connor Bedard records career-high streak, Mikko Rantanen continues to score at high rate
Penguins defenseman Erik Karlsson is also providing offensive supportCBS Sports - Jan. 10 -
Lula Disapproval Hits New High With Brazilians Pessimistic About Economy
Yahoo News - Jan. 10 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...The Guardian - Jan. 9 -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - Jan. 9 -
New Orleans attacker tried to use high explosive that could have killed hundreds
The bombs Shamsud-Din Jabbar built with the explosive known as RDX would have had devastating effects were it not for an amateurish blunder.NBC News - Jan. 8 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
FBI: New Orleans attacker recorded area using Meta smart glasses weeks before attack
FBI officials said the man behind the deadly New Year's Day attack in New Orleans had visited the city twice in late 2024 and recorded the Bourbon Street area using Meta smart glasses. NBC News' ...NBC News - Jan. 5 -
Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running
The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...The Hill - Jan. 4 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
European Ministers Visit Syria to Strengthen Ties With New Government
Top diplomats from Germany and France went to Damascus on behalf of the European Union. It’s the first such trip in years, part of a flurry of Western outreach.The New York Times - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - Jan. 2