News - 2024-12-11

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Stay informed with the latest market news and analysis.

Alexander brothers are accused of drugging, assaulting and raping dozens of women over more than a decade

A rally in tech names lifted the Nasdaq Composite over the 20,000 threshold for the first time on Wednesday.

Tesla shares hit a new all-time high on Wednesday as the EV maker continues its relentless run higher since President-elect Donald Trump’s election win.

The Colombian singer is the world's most-watched artist when it comes to streamed videos.

The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.

Private equity billionaire David Bonderman, who co-founded the asset management firm TPG and was the co-owner of the NHL's Seattle Kraken, died Wednesday at the age of 82.

The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.

The experimental tool can browse spreadsheets, shopping sites and other services, before taking action on behalf of the computer user.

Over 22,000 people reported issues with Facebook this evening and over 18,000 struggled to use WhatsApp, according to Downdetector.

The CPI report sets the stage for the Federal Reserve's final interest rate decision of the year.

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The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.

The union, which represents some 600 tech workers at the publication, had been negotiating for a contract for more than two years. It will vote on ratifying the deal next week.

The hack has left some hungry customers unable to make online orders.

The CPI report sets the stage for the Federal Reserve's final interest rate decision of the year.

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(Bloomberg) -- Elon Musk has become the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Business Leaders Welcome Return-to-Office Policy Under TrumpA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectThe most recen

New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.

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A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest rates again next week, but some central bank watchers believe the Fed will signal a more cautious approach to 2025.

Progress stabilising prices in the US may be stalling, just as public opinion brightens.

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Musk's firm backed the government's green stance, despite its maverick chief executive's social media attacks.

Macy's CEO Tony Spring provided a fresh update on the rogue employee that hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.

Increases in prices for groceries and gasoline outweighed disinflation in categories like shelter, according to the consumer price index.

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Criminal trials aren't expected to begin until 2027, almost 30 years after concerns were first raised.

Wall Street Alliance Group partner Aadil Zaman reveals what will happen to the stock market when the 'sugar high' wears off on 'Making Money.'

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Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will makes its final rate decision for 2024.

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Analysts see much bigger challenges for the retailer than lax accounting.

The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.

There is a growing shortage of auto mechanics in the industry as workers age out. Certain issues like stigma and finding replacement workers are some challenges.

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Lord Hendy says the transport department is going to "keep a close watch on staffing" over the festive period.

The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the Federal Reserve weighs another interest rate cut.

Walgreens will have more freedom to aggressively cut costs if it becomes privately owned, one industry analyst said. The company is reportedly in talks with Sycamore Partners.

The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies.

Analysts see much bigger challenges for the retailer than lax accounting.

The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies.

Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.

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The CPI report will set the stage for the Federal Reserve's final interest rate decision of the year.

Realtor.com's 2025 housing forecast predicts which major metro areas will have the hottest housing markets based on a combination of projected home prices and sales.

As another CPI reading is set to show the continued challenge of reeling in inflation, RSM chief economist Joe Brusuelas says that things are different now — and explains what that means.

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Executives from the country’s biggest banks sounded optimistic Tuesday as they assessed the impact of a new Trump administration, the state of the US economy in 2025, and more interest rate cuts expected from the Federal Reserve.

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The Onion’s bid for the conspiracy website was supported by the families of victims of the Sandy Hook shooting and a nonprofit focused on ending gun violence.

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The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.

Judge Christopher Lopez ruled that an auction for Infowars did not result in the best bids possible.

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The government wants to rapidly replace oil and natural gas with clean energy, but offshore wind and other alternatives are still in their early stages.