News - 2024-09-13

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Stay informed with the latest market news and analysis.

Some pensioners say they don't need the extra cash of up to £300 - and want better means testing.

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'Barron's Roundtable' panelists discuss America's housing crisis amid a potential rate-cut.

Growth in the world's second-largest economy has slowed after a disappointing recovery from Covid-19.

First Trust Advisors LP chief economist Brian Wesbury breaks down Donald Trump’s plan to end taxes on overtime pay and its expected impact on the U.S. economy.

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Evercore ISI head of internet research Mark Mahaney argues that DoorDash’ stock is a long-term opportunity during an appearance on ‘Varney & Co.’

'Kennedy Saves The World' host Kennedy and National Review staff writer Caroline Downey analyze the Trump-Harris debate on 'Making Money.'

Former FDIC Chair Sheila Bair argues the Fed is focusing too much on the labor market when many other factors are at play on 'Making Money.'

Boar's Head on Friday announced that it is "indefinitely" closing the Virginia manufacturing plant that has been linked to a deadly listeria outbreak.

Capitalist Pig hedge fund manager Jonathan Hoenig reacts to the August jobs report, explains how to 'play defense' in the market and breaks down the impact of the economy on the election.

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Wellington-Altus Private Wealth chief market strategist Jim Thorne argues the Fed must quickly get inflation to its 'neutral rate' on 'Making Money.'

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Trump Media and Technology Group shares surged on Friday after former President Trump, the majority shareholder, said he would not be selling his shares.

Dub CEO and founder Steven Wang joins 'The Claman Countdown' to explain how his app mimics the portfolios of famed investors like Bill Ackman and Warren Buffett.

Competition between lenders is intense ahead of the next interest rates decision from the Bank of England.

Ray Dalio says he thinks the probability of civil war in the US is "low but cannot be dismissed".

One of the hazards of buying individual stocks is that their current price may have little to do with their fundamental value, our columnist says.

The U.S. government is on track to spend more than $1 trillion on interest payments this year, more than it spends on the military, for the first time in history.

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Nvidia stock was on track Friday to notch one of its best weeks of the year and recover most of its losses from previous weeks as investors heeded analysts' recommendations and bought the dip.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

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The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

(Bloomberg) -- Americans seeking to bet on the outcome of the 2024 elections on a federally regulated derivatives exchange have again hit a roadblock.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Travel AdsA federal appeals court issued a free

Donald J. Trump, the largest shareholder in the parent company of Truth Social, said he won’t sell his stock when a restriction ends next week.

Near the end of a press conference near Los Angeles on Friday afternoon, former President Donald Trump said he's "not selling" shares of his social media company.

RANCHO PALOS VERDES, California (Reuters) -Republican presidential candidate Donald Trump said on Friday he will not sell his shares in the company that owns his Truth Social platform when limits on selling are lifted in the coming days, driving up the stock after a recent selloff. Shares of Trump Media & Technology Group surged as much as 30% following his comments before closing with a 12% gain for the day. Trump owns about 57% of Trump Media, which saw its shares slump this week following his televised debate with Democratic rival Vice President Kamala Harris.

Former Federal Reserve Bank of Atlanta President Dennis Lockhart analyzes the labor market and explains how tariffs impact Fed decision-making on 'Making Money.'

The retailer said in a letter to shareholders that demand, or level of customer orders, accelerated to start the third quarter.

Mr. Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, was convicted last fall and is serving a 25-year sentence in prison.

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Sanctions announced on Friday are an effort to undercut RT by making it difficult for the network to conduct global business in dollars.

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'

September is historically the worst month for the stocks of large U.S. companies. But that doesn't mean investors should sell out of the market.

Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.

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Capitalist Pig hedge fund manager Jonathan Hoenig provides his market outlook and shares his thoughts on a Chicago restaurant offering a $13,000 martini to customers.

Trade unions are calling for help to save hundreds of jobs at the historic shipbuilder Harland and & Wolff.

The company said that the site would close indefinitely and that it would permanently stop making liverwurst. Union officials said the plant’s 500 workers would be given severance and offered relocation.

John Paulson, a supporter of Donald Trump, said there could be a collapse in the financial markets if Kamala Harris' proposed tax plans become a reality.

After an animal rights protest at a film premiere, Mr. Williams, the creative director of Louis Vuitton, said he had “plans to change things.”

Potomac Wealth Advisors President & founder Mark Avallone provides his thoughts on the stock market as well as what the impact could be from the election.

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Shein and Temu have been able to ship packages under $800 to the US without facing tariffs.

Aldi is already boosting its hiring for the holiday season with plans to hire over 13,000 store and warehouse workers. It also will boost starting pay.

Toggle co-founder & CEO Jan Szilagyi weighs in on Boeing workers going on strike, the White House meeting with A.I. leaders, and the launch of 'Toggle Terminal.'

SlateStone Wealth chief market strategist Kenny Polcari argues the S&P 500 adding $1.3 trillion in value this week calms selloff fears on 'Varney & Co.'

Thousands of Boeing workers in Washington State and Oregon walked off the job on Friday in the first strike at the plane maker in 16 years.

The Fed’s anticipated rate cut offers an opportunity to make some money moves that take advantage of the coming downward tilt in interest rates.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

Former President Trump said Thursday that despite the negative talk he receives from Hollywood types, they all secretly vote for him because they want low taxes.

Facing competition for business, banks are offering incentives to switch. But as one expert put it, “You have to read the fine print.”

Owner Stephen Ross is talking to private equity firms after the N.F.L. changed the rules on what types of investors can buy into the league.

The presidential campaign for former President Donald Trump looked to shut down its spat with the German foreign ministry over its pursuit of clean energy following comments made in this weeks debate and said, "nobody cares."

Currently, individuals can send up to $13.61 million (and up to $27.22 million for couples) to beneficiaries without owing estate or gift taxes.

The company blames a drop in sales, the cost of living and a move towards electrification.

The administration moved to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.

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The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

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The firm is being penalised for its role in the failure of property giant Evergrande.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

The years-long battle to tame inflation has taken a back seat to concerns over keeping Americans employed.

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Authorities also imposed a six-month suspension on the local operations of the global firm, which was once a dominant auditor in China.

As threats to his personal safety have become graver, the world’s richest man has barricaded himself behind a phalanx of bodyguards that operates like a mini-Secret Service.

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The sports term refers to a time during a game when defeat becomes inevitable. Officialdom is warning against using it to take veiled jabs at the country’s political and economic system.

(Bloomberg) -- Bond traders are once again ramping up wagers on a half-point interest-rate cut by the Federal Reserve next week, just days after that bet seemed all-but-over.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Travel AdsThe likelihoo

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A probate official will hear evidence in a clash between Rupert Murdoch and some of his children over who should control his media companies after he dies.

The utilities sector is neck and neck with tech as 2024’s best performing group.

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(Bloomberg) -- Little more than a month since Boeing Co.’s new chief executive officer took over with a mandate to pull the planemaker out of crisis, things are moving in the opposite direction. Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Tr

Affirm matures as a public company.

Watchdog has particular concerns about the customers least able to afford mobile services.

Workers who build Boeing aircraft will go on strike Friday after spurning a deal recommended by their union. The post Boeing machinists reject new contract, go on strike appeared first on FreightWaves.

(Bloomberg) -- Republican Donald Trump pledged to eliminate taxes on overtime pay at a rally days after a shaky debate performance, as the presidential nominee looked to turn the page with a new populist tax cut proposal.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceHow Americans Voted Their Way Into a Housing CrisisFrom Louisville, a Push to Plant Trees for Public HealthFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingNYC Transit Capital

A private consortium proposes a 50-mile (80km) link after a review commissioned by the regions' mayors.

More than 30,000 workers down tools after union members voted overwhelmingly to back the strike.

Thousands of union members began the first walkout at the company since 2008. Federal mediators said the company and the union would meet early next week.