Latest in Reserves Curb Soaring
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US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds
The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to ...ABC News - 26m -
The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records.Inc. - 8h -
How a U.S. Bitcoin Strategic Reserve Would Work
The surge of enthusiasm for cryptocurrencies since Trump’s election may see the government take on a bitcoin stockpile.Inc. - 1d -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 5h -
Federal Reserve decision coming on final interest rate cut for 2024
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.CBS News - 5h -
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Federal Reserve set to announce last decision of the year on interest rates
The Federal Reserve will release its final decision of the year regarding interest rates later today. This will be the final interest rate decision before President-elect Trump takes office.NBC News - 9h -
Here's what to know as the Federal Reserve is expected to make another rate cut
CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.CBS News - 9h -
Egg prices soar — beef, too — and deliver inflation shock to grocery shoppers
Food prices post their biggest increase in almost two years, while President-elect Donald Trump, despite his campaign rhetoric, concedes it’d be ‘very hard’ to bring down consumer prices.MarketWatch - 5d -
Broadcom’s stock soars as earnings call offers a bold AI forecast
The chip maker booked 220% growth in AI semiconductor revenue for the latest fiscal year — and sees future AI sales far greater than that $12.2 billion sum.MarketWatch - 6d -
Texas House introduces bill to establish a strategic bitcoin reserve
Legislation was introduced in the Texas House of Representatives on Thursday that would enable the state to build a strategic bitcoin reserve.CNBC - 6d -
Phunware — which soared as a ‘Trump trade’ — preps AI-driven canvassing tool
Mobile-advertising software company Phunware — which garnered plenty of attention during the presidential election as a so-called “Trump trade” thanks to its link to the president-elect — is now ...MarketWatch - 6d -
Supreme Court unveils pilot program for public to reserve courtroom seats
The Supreme Court on Thursday announced a pilot program that will allow members of the public to enter a lottery for reserved courtroom seats during oral arguments. The court has long provided ...The Hill - 6d -
Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China
Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South PacificABC News - 6d -
Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China
Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South PacificABC News - 6d -
Norway campaigns to cut energy links to Europe as power prices soar
Country’s energy minister describes ‘shit situation’ as domestic prices hit highest level since 2009Financial Times - 6d -
Australia's Insignia Financial soars on reports of Bain Capital buyout
Insignia's shares, which hovered around A$3.10 per share throughout the session, soared to A$3.40 in the last 10 minutes of trade settlements, as per LSEG data, propelling the stock to its highest ...Yahoo Sports - 6d -
Monthly rent soars by £270 since pandemic, says Zoopla
The cost of renting rose sharply after lockdown was lifted but the rate of increase is now slowing.BBC News - Dec. 11 -
Supreme Court Poised to Curb Scope of Environmental Reviews
Several justices indicated that a federal agency had complied with a federal law by issuing a 3,600-page report on the impact of a proposed railway in Utah.The New York Times - Dec. 10 -
Supreme Court appears likely to curb environmental law after arguments
The Supreme Court appears likely to weaken one of the nation’s bedrock environmental laws, after justices heard a key case on Tuesday. During oral arguments, several of the court’s conservative ...The Hill - Dec. 10 -
Thames Water boss defends exec bonuses as sewage spills soar
The company saw a 40% increase in pollution incidents in the first half of the year as its debts continued to swell.BBC News - Dec. 10 -
Risers and fallers: Jalen Johnson soars, DeMar DeRozan falters
Which fantasy basketball players are on the rise or trending down? Steve Alexander highlights some names you'll want to track this week.ESPN - Dec. 8 -
China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - Dec. 6 -
Royal Caribbean’s stock is soaring and this new top bull says keep buying
Royal Caribbean’s stock is flying toward a record weekly win streak, and Wall Street’s new most-bullish analyst explains why you should keep buying.MarketWatch - Dec. 6 -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - Dec. 5 -
Trump’s Pick for SEC Chair Sends Bitcoin and Crypto Optimism Soaring
The President-elect taps regulation-averse former SEC commissioner turned cryptocurrency advocate Paul Atkins to lead the agency, sending the price of Bitcoin past $100,000.Inc. - Dec. 5 -
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Crypto prices soar as Trump’s SEC pick stokes hope for more ETFs
President-elect Donald Trump’s nomination of Paul Atkins to chair the Securities and Exchange Commission could usher in a new era of crypto-friendly financial regulation in Washington.MarketWatch - Dec. 5 -
Opposition party leader arrested as Georgia authorities try to curb protests over ending EU talks
Georgian police have raided the offices of an opposition party and arrested its leader in an apparent attempt to squelch a wave of mass protests over the decision to suspend negotiations on joining ...ABC News - Dec. 4 -
OpenAI's active user count soars to 300 million people per week
After months of C-suite changes, tender offers and a soaring valuation, OpenAI has reached a new milestone: 300 million weekly active users.CNBC - Dec. 4 -
Guinness supplies being limited after demand soars
Guinness-maker Diageo has placed limits on wholesale distribution of the stout to pubs in Great Britain after "exceptional demand"BBC News - Dec. 4 -
Terns’s stock soars as analysts cheer leukemia data — and predict more gains
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.MarketWatch - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Nigeria’s radical idea for car owners facing soaring petrol prices
The government is encouraging citizens to convert their vehicles to run on compressed natural gasFinancial Times - Dec. 3 -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - Dec. 3 -
Wolves in EU lose safeguards, allowing culls as numbers soar
The European Commission says numbers have soared and the animals are now causing damage to livestock.BBC News - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
49ers put running backs Christian McCaffrey, Jordan Mason on injured reserve
McCaffrey suffered a PCL injury during Sunday's loss to the Bills, while Mason went on IR with a high ankle sprain.Yahoo Sports - Dec. 2 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2