Latest in Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
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Tesla’s stock surges after self-driving software update, new Street-high target
Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.MarketWatch - 2d -
Trump’s election win fueled crypto XRP’s rally to a new high. Here’s why its gains may last.
XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly ...MarketWatch - 22h -
Whooping cough cases hit record highs across the U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the alarming rise in whooping cough cases.CBS News - 4h -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - 4h -
Bitcoin's post-election boom
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Bitcoin's boost for Trump Bitcoin has blasted through a series of record highs since President-elect Trump’s ...The Hill - 1d -
Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.
A gold rush by central banks could help lift prices as high as $2,900 by the end of 2025, Wells Fargo Investment Institute said.MarketWatch - 2d -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - 1d -
China bans exports of key high-tech materials, hitting back at US chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applicationsABC News - 20h -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - 1d -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - 8h -
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Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - 1d -
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.The Wall Street Journal - 1d -
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Namibia will have its first female leader after Vice President Netumbo Nandi-Ndaitwah wins the presidential election.
Namibia will have its first female leader after Vice President Netumbo Nandi-Ndaitwah wins the presidential election.ABC News - 1d -
Namibia will have its first female leader after VP wins presidential election for the ruling party
Namibia has elected its first female leader, with Vice President Netumbo Nandi-Ndaitwah declared the winner Tuesday of last week’s presidential election as the long-ruling party remains in powerABC News - 12h -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - 1h -
Shares in 'anti-woke' online marketplace jump after Donald Trump Jr. joins board
Shares in an "anti-woke" online marketplace skyrocketed by more than 180% Tuesday following news that Donald Trump Jr. was joining the company's board of directors.ABC News - 3h -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - 14h -
Ken Griffin, Top Republican Donor, Says He Voted for Trump
Mr. Griffin, who had previously derided Donald J. Trump as a “three-time loser,” said he voted for the president-elect.The New York Times - 2h -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - 22h -
Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.CNBC - 15m -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - 3h -
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended a dinner between President-elect Donald Trump and Prime Minister Justin Trudeau says Trump was joking when he suggested Canada become the 51st U.S. stateABC News - 17h -
Fulton County DA ordered to turn over election probe records to watchdog group
A judge has ordered Fulton County DA Fani Willis to turn over records related to her election interference probe following a lawsuit from a conservative legal group.ABC News - 3h -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - 19h -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - 2h -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - 1d -
Georgia Republicans Seek Fani Willis’s Testimony and Records in Trump Case
Ms. Willis, who charged Mr. Trump in connection with his efforts to cling to power after the 2020 election, came under scrutiny over her relationship with a lawyer she hired to lead the case.The New York Times - 20h -
What prosecutors should learn from the Trump election
Prosecutors need to sit up, take notice, and ponder what the election results mean about what they do, how they do it, and how the public perceives it.The Hill - 1d -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - 1d -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - 1d -
Here's how the last-place Panthers can still win the NFC South despite a 3-9 record
There is still a path for the Panthers to reach the postseasonCBS Sports - 1d
