News - 2024-11-14

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Stay informed with the latest market news and analysis.

Ilya Lichtenstein laundered the stolen cryptocurrency with his wife Heather Morgan aka Razzlekhan.

The National Bureau of Statistics is scheduled Friday to release data showing a pickup in growth in October from September.

Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese goods.

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President-elect Donald Trump and JPMorgan Chase CEO Jamie Dimon made it clear Thursday they won’t be working together when Trump moves back into the White House.

Makers of a new generation of European electric aircraft are struggling to raise money.

The three major indexes finished Thursday's session in the red, and they are bound for weekly losses.

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Vaccine stocks slid late Thursday as reports stated noted anti-vaccine politician Robert Kennedy Jr. will serve as the next head of the Department of Health and Human Services.

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Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to lower interest rates.

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Footage of a bear rifling through luxury cars was submitted to insurance companies, which paid out $140,000. But something seemed off.

Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.

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Tesla stock was under pressure on Thursday afternoon as the broader Trump trade was fading after a furious post-election rally.

A Chipotle shareholder is suing the company after the social media frenzy that occurred due to the allegedly small and inconsistent portions across its restaurants.

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

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The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.

Governor Andrew Bailey will deliver his strongest comments yet on the UK's departure from the EU.

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Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.

There is widespread concern that President-elect Donald J. Trump may end it, since he has tried before. But that may be the wrong thing to fear.

The voluntary best practices are aimed at companies that own or operate critical infrastructure.

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A watchdog letter is urging U.S. state leaders to divest public funds from China, citing rising risks of geopolitical conflict, lack of financial transparency and U.S. restrictions.

Tesla shares slide as 'Trump trade' fades, EV maker issues 6th Cybertruck recall this year.

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.

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Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.

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The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.

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Optimism that President-elect Trump will fulfill his promises to make the U.S. the "crypto capital of the planet" and bitcoin a "permanent national asset" has made its price surge.

Lowe's will provide millions of dollars in funds to small businesses in its home state of North Carolina that are struggling to recover in the wake of Hurricane Helene.

The largest bitcoin ETF is seeing impressive price action, in tandem with the cryptocurrency itself, as investors look to get ahead of pro-crypto policies from President-elect Trump.

Disney reported fiscal fourth quarter earnings that beat expectations on both the top and bottom lines as its streaming business swung to a profit.

Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their payments.

FOX Business' Stuart Varney discussed Trump's surprising new Cabinet picks including Matt Gaetz for attorney general and Fox News' Pete Hegseth to lead the military.

Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.

The European Union says the tech giant crowded out rivals, breaching competition law.

In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

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Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

Shares of Cava and Sweetgreen are up triple digits year to date.

The department for rural affairs suggested exempting some older farmers from having to pay, Newsnight is told.

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

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Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.

The price of products on Haul, which is being trialled in the US, will be capped at $20.

The House of Representatives is likely to again be under GOP rule next year, cementing a unified control of power across Washington in 2025.

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The Trump loyalist supports an “aggressive” antitrust approach and has called for breaking up Big Tech. But can the controversial nominee win Senate approval?

The chancellor says she wants to “fire up the UK’s economy” with a "Canadian-style" pensions model.

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

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Disney reported fiscal fourth quarter earnings that beat expectations on both the top and bottom lines as its streaming business swung to a profit.

The company, which does not typically release guidance to investors, said that profit would jump over the next three years.

A New York Times reporter tested a handful of chatbots to see if they could help improve his dating life. The results were decidedly mixed.

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Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.

Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.

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The holiday shopping season may not be as merry for retailers this year, with a recently-released report suggesting they could see less sales growth over the festive period.

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Rhonda Jean Kowald and a band of volunteers have been rapidly supplying heating fuel to hard-hit counties in North Carolina, but supplies might be running out.

Taking Musk's government efficiency department as a joke underestimates what he might do with this newfound power.

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.

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President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.

Experts believe that if the Trump trade continues to drive the stock market rally higher, a flood of IPOs will soon follow suit.

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A former FTX executive, charged with writing computer code for his imprisoned former boss Sam Bankman-Fried, is helping the U.S. government uncover stock market fraud.

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(Bloomberg) -- Chinese tech stocks listed in Hong Kong extended their slump from a high in October to about 20%, as investors reduced positions amid rising geopolitical risks and caution toward earnings. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona Elections S

When President-elect Trump takes office in January, he'll be forced to tackle a slew of major tech policy questions.

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(Bloomberg) -- Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emis

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Britain's motor finance industry is in disarray.