Latest in U.s Prices Failing
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These stock-trading moves can boost your portfolio if the ‘Santa Claus rally’ fails
Despite year-end selling, market conditions look promising for 2025.MarketWatch - Jan. 4 -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Judge Rejects New Jersey’s Bid to Halt Congestion Pricing
Starting Sunday, most drivers who enter Manhattan south of 60th Street during peak travel times will be charged a $9 fee.The New York Times - Jan. 4 -
How New Orleans' security measures failed to prevent a vehicle attack, experts say
New Orleans has 700-pound steel barriers but did not put them on Bourbon Street until a day after the attack, which the lieutenant governor called “a complete failure of responsibility.”NBC News - Jan. 4 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
U.S. Surgeon General Calls for Cancer Warnings on Alcohol
Dr. Vivek Murthy’s report cites studies linking alcoholic beverages to at least seven malignancies, including breast cancer. But to add warning labels, Congress would have to act.The New York Times - Jan. 3 -
Gold prices are climbing once again. What gold assets should I invest in now?
After weeks of price dips, the price of gold is on an upswing, so investing in certain assets could pay off.CBS News - Jan. 3 -
Johnson initially fails to secure speakership on first ballot
Two House Republicans joined Rep. Thomas Massie in opposing Johnson for speaker on the floor.Politico - Jan. 3 -
Pokemon Go Community Day Ticket Prices Increased For January Event
Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...GameSpot - Jan. 3 -
U.S. braces for frigid temperatures, snow
Pittsburgh is already seeing snow and freezing temperatures as most of the U.S. prepares for a blast of cold air that promises extreme weather conditions for many Americans. CBS News Philadelphia's ...CBS News - Jan. 3 -
South Korean officials fail to detain impeached president
South Korean officials left the home of impeached President Yoon Suk Yeol without him after a near-six-hour standoff. Yuna Ku with BBC News, a CBS News partner, has more.CBS News - Jan. 3 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3 -
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 -
A dawn stand-off, a human wall and a failed arrest: South Korea enters uncharted territory
Yoon Suk Yeol is being investigated for inciting an insurrection, yet police are unable to arrest him.BBC News - Jan. 3 -
Jimmy Carter's body will lie in state at U.S. Capitol
Memorial services honoring former President Jimmy Carter begin this weekend. His body will lie in state at the U.S. Capitol starting Tuesday following a public viewing in Atlanta, Georgia. CBS ...CBS News - Jan. 2 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - Jan. 3 -
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Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Neumora Therapeutics’ stock craters after trial of major depressive disorder fails to meet main goals
The news is a setback for the clinical-stage biotech and a drug that proved successful in earlier trials.MarketWatch - Jan. 2 -
Wholesale gas price hits highest level in 14 months after Russian supplies stop
Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...The Guardian - Jan. 2 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1 -
U.S. beats Canada, wins group at world juniors
The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.ESPN - Jan. 1 -
New Jersey Asks Judge to Delay Congestion Pricing Plan
The state had sued to stop New York’s plan to charge motorists entering Manhattan’s busiest roadways. Late Tuesday night, lawyers requested a temporary restraining order.The New York Times - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
Louisville wins Sun Bowl 35-34 after Washington fails on 2-point conversion going for win
Washington narrowly missed a 2-point conversion and onside kick recovery in a thrilling Sun Bowl finish.Yahoo Sports - Dec. 31 -
Six former Florida State players suing coach Leonard Hamilton over failed NIL payments
The complaint includes multiple text-message exchanges between players and some between players and Hamilton.Yahoo Sports - Dec. 30