Is Artificial Intelligence the Biggest Bubble in History?
Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?
2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks
HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it.
UnitedHealthcare CEO's shooting opens a door for many to vent frustrations over insurance
For years, patients in the U.S. health care system have grown frustrated with .
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Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.
Stock market today: Asian shares are mixed ahead of key US inflation data
HONG KONG (AP) — Asian shares were mixed Friday as markets awaited U.S. personal spending data for November that are due later in the day.
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Bank of England set to keep UK interest rates on hold despite paltry economic growth
LONDON (AP) — The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target rate, even though the British economy is flatlining at best.
Brazil's currency drops to weakest level yet as Lula's fiscal measures debated
SAO PAULO (AP) — real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.
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UK inflation rises further above Bank of England's target in November
LONDON (AP) — Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed Wednesday.
Stock market today: Asian shares are mixed after Nasdaq sets a record ahead of Fed meeting
BANGKOK (AP) — Shares were mixed in Asia on Tuesday after the Nasdaq set a record ahead of a meeting by the later this week that could set the direction for markets in the new year.
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Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge.
Japan business survey shows slight improvement in outlook for manufacturers
BANGKOK (AP) — A quarterly survey by Japan’s central bank shows business sentiment has improved slightly, especially in major heavy industries such as automaking, fossil fuels and machinery, while services industries were less upbeat.
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European Central Bank likely to cut rates while weighing US trade concerns and France's chaos
FRANKFURT, Germany (AP) — With U.S. President-elect Donald Trump and , the European Union's second largest economy, the question ahead of the European Central Bank meeting Thursday is not whether it will cut interest rates, but by how much.
Japan's Nissan reshuffles management to fix its money-losing business
TOKYO (AP) — Embattled Japanese automaker Nissan has tapped Jeremy Papin, who was overseeing its U.S. operations, as its chief operating officer in a major management reshuffle billed as key to a turnaround.
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Macy's offers a mixed outlook after reporting third quarter profit and sales declines
NEW YORK (AP) — Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain continuing to divert spending to basics like groceries amid elevated prices.
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
DETROIT (AP) — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
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Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel
KASHIMA, Japan (AP) — The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel.
Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era
NEW YORK (AP) — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That's on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom.
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Is Secret Santa stressing you out? Here’s your holiday gift-exchange survival guide
The commencement of the often means the lengthening of to-do lists.
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services.
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How To Bridge The Financial Product Knowledge Gap, Drive Business
Survey shows 60% adults would buy more financial products if they understood them better.
Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates
FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth.
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Wall Street eyes M&A revival if new Trump administration ushers in lower rates, looser scrutiny
NEW YORK (AP) — Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny.
Stock market today: Asian shares are mixed after Wall St records despite tariff talk
BANGKOK (AP) — Shares were mixed in Asia on Wednesday after U.S. stocks rose to records despite President-elect Donald Trump’s latest which caused only ripples on Wall Street.
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Stock market today: Asian shares mostly fall on worries about Trump's tariffs
TOKYO (AP) — Asian shares mostly declined on Tuesday as worries spread over on Mexico, Canada and China as soon as he takes office.
Bath & Body Works sees strong sales in Q3, raises full-year outlook
Bath & Body Works fiscal third-quarter performance topped analysts' estimates thanks to strong sales, and the retailer boosted its full-year outlook.
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Atlantic City casino earnings fall nearly 14% in 3rd quarter
ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their operating profits decline by nearly 14% in the third quarter of this year, figures released Friday by New Jersey gambling regulators show.
Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surge
HONG KONG (AP) — Asian stock rose on Friday following Wall Street gain after market and another round of companies said they’re making even fatter profits than expected.
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