Wall Street Ends 2024 on Down Note But Made Substantial Gains for the Year
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Liz Truss is long gone from Downing Street – but zombie economics lives on | Aditya Chakrabortty
Labour’s panicked reaction to turbulence is to promise ‘ruthless’ cuts. It has learned the wrong lessons from Britain’s shortest-lived PM. Britain’s centre of power is stalked by a zombie. Across ...The Guardian - Jan. 16 -
Wall Street stocks post biggest rally since Trump’s election victory
Easing underlying US inflation and strong bank earnings boost equitiesFinancial Times - Jan. 15 -
Hollywood production rose at the end of a brutal 2024. But wildfires add new uncertainty
From October to December, Hollywood production was up 6.2% compared with the same period a year earlier, according to the nonprofit FilmLA.Los Angeles Times - Jan. 15 -
Disney wins the 2024 box office as year-end receipts offer a welcome boost
Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a far cry from the nearly 27% shortage seen at the midway point of 2024.CNBC - Jan. 15 -
Wall Street stocks waver after robust US data puts brake on rate cut bets
Treasury yields rise to highest level since late 2023Financial Times - Jan. 13 -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - Jan. 13 -
Lander Vows to End Street Homelessness for Mentally Ill People as Mayor
Brad Lander, the New York City comptroller who is running for mayor, announced a major plan to address homelessness after a series of violent attacks on the subway.The New York Times - Jan. 13 -
Chancellor will remain for all of Parliament, Downing Street says
Market jitters have raised questions over Rachel Reeves' management of the economy.BBC News - Jan. 13 -
How to assess Broadcom's China risk — plus, an economic-proof stock gets Wall Street love
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Can Bourbon Street be Made Safe?
With the Super Bowl coming, authorities worry about Bourbon Street’s safety.Inc. - Jan. 11 -
Wall Street looks forward to a bonfire of capital and climate rules under Trump
Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...The Guardian - Jan. 11 -
Despite Trump’s Attacks, Republicans Made Big Gains in Mail Voting
As Republican voters embraced a practice that Donald J. Trump railed against for years, softening his tone only slightly in 2024, the party eroded a key Democratic advantage across the country.The New York Times - Jan. 11 -
Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.
A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.MarketWatch - Jan. 10 -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - Jan. 10 -
2024 first year to pass 1.5C global warming limit
Last year was the world's warmest on record, bringing temperatures above a politically symbolic milestone.BBC News - Jan. 10 -
Fantasy Football 2024 RB Exit Interview: The year of the running back renaissance
Fantasy football analyst Andy Behrens delivers his final thoughts about the running back position in 2025.Yahoo Sports - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Wall Street names 13 of our stocks 'top picks' for 2025 — here's the list and our takes
These are names analysts say can not only weather any headwinds but will thrive in the new year.CNBC - Jan. 9 -
Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.MarketWatch - Jan. 9 -
China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
How Meta's new community notes program might work as fact-checking ends for Facebook, Instagram
Meta is ending fact-checking on its platforms and moving to a community notes-style program like the one found on X. CBS News Confirmed executive producer Melissa Mahtani has more on what the new ...CBS News - Jan. 8 -
Wall Street casts doubt on Citi chief Fraser’s bid to hit crucial target
Bank has lagged well behind rivals on important measure of profitabilityFinancial Times - Jan. 8 -
Why Meta is ending fact-checking, shifting to Elon Musk's X notes system
Meta CEO Mark Zuckerberg announced the company will cease third-party fact-checking and move toward community notes similar to those used on X, the social media company owned by Elon Musk. CBS ...CBS News - Jan. 7 -
Paul Atkins, Tapped to Lead SEC, Likely to Go Easier on Wall Street Enforcement Actions
Trump’s pick, a former top official at the Securities Exchange Commission now likely to hold its top job, has a track record of resisting penalties for compnaies and individuals.Inc. - Jan. 7 -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - Jan. 7 -
Suicide Squad Developer Let Go Of More Employees At The End Of 2024 - Report
Rocksteady, the studio behind Suicide Squad: Kill the Justice League, reportedly laid off six more workers at the end of 2024.. According to a report from Eurogamer , those who were impacted were ...GameSpot - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
Meta will end its fact-checking policy in favor of community notes
Meta CEO Mark Zuckerberg announced the company will be ending its policy of fact-checking with trusted partners and replacing the program with a community-driven system similar to Community Notes ...NBC News - Jan. 7 -
Meta is ending its fact-checking program in favor of a 'community notes' system similar to X
Meta is scrapping its fact-checking program with trusted partners and replacing it with a community-driven system similar to X’s Community Notes, CEO Mark Zuckerberg said.NBC News - Jan. 7 -
Record year for wind power in 2024
Wind provided more electricity than ever last year across England, Wales and Scotland.BBC News - Jan. 7 -
New Orleans officials knew risk years before Bourbon Street attack
A confidential report warned that bollards needed to be fixed. New Orleans didn't start to replace them for five years.CBS News - Jan. 6 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6