Daily News Explorer

The walkout began Friday at stores in the Los Angeles, Seattle and Chicago areas and will end on Tuesday.

The government says it will "restore clarity" for vehicle manufacturers and the charging industry.

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.

After the Federal Reserve signaled it would be more hawkish in 2025, investors add monetary policy to the list of uncertainties that could affect the market in 2025. Brad Smith and Brian Sozzi sit down with Fed Watch Advisors founder and chief investment officer Ben Emons to discuss his expectations for the US economy in 2025 and how it impacts investors. As year-end approaches, Emons says investor sentiment is quite bullish to finish 2024. "We feel really good about the economy. We're good about the markets. Volatility is relatively contained, and as much as this Fed has made this transition now from [recalibrating] to a new phase, as Powell said, we seem to be pretty in control of what's going on." "Yet we're dealing with significant uncertainty ahead of us; we see a lot of new announcements coming through from the Trump administration, and although that's all pro-growth, there's also a lot of [likely] challenge there," he adds. The strategist says, "I do think it's a bullish outlook for the US economy. We could maybe even reach 5% GDP, but it will not go without the volatility," adding, "I do think we're going to get average higher volatility next year, simply because we do have a lot more policy uncertainty that we dealt with this year." Emons notes, "There's no free lunch," since economic growth will come alongside higher inflation. Watch the video above to learn more about Emons's market outlook, including why he expects the 2025 market to play like a casino. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Some Americans who qualified for a pandemic-era tax credit but did not claim it will get up to $1,400 in their account within the next month.

The major averages posted modest gains on Monday to begin the holiday-shortened trading week.

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.

The second half of December is typically the second-strongest period of the year for U.S. equities, according to Bank of America.

The potential impact of President-elect Donald Trump's policies remained top of mind for consumers in December, per the Conference Board.

Nordstrom is returning to its private roots after years of falling sales and earnings. The deal is valued at $6.25 billion.

The automatic deposits will be issued “later this month” and should arrive ”in most cases” by late January 2025.

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.

Every year, Bath & Body Works introduces a scent that it hopes will break through during the shopping season. It doesn’t have to smell like gingerbread.

Employers have pulled back on hiring and workers are quitting at lower rates following a period of high churn in the U.S. job market.

The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company.

The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.

The Container Store, which was recently delisted from the New York Stock Exchange, has filed for bankruptcy protection in an effort to try and turn its business around.

The firms want to strengthen their offerings in the face of Chinese competition in the electric vehicle sector.

The success of the show’s first season surprised Netflix executives, reaffirming the company’s global strategy.

The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.

The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists as in-person shopping regains popularity.

The Biden administration on Monday announced a last-minute trade investigation into Chinese-made "legacy" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear. The "Section 301" probe, launched just four weeks before President-elect Donald Trump takes office on Jan. 20, will be handed over to his administration in January for completion, Biden administration officials said. The effort could offer Trump a ready avenue to begin imposing some of the hefty, 60% tariffs that he has threatened on Chinese imports.

The British chocolate maker is no longer listed among the 2024 warrants issued by King Charles.

Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint holding company, a move that would create the third-largest automaker in the world.

While it may be difficult to compile a comprehensive list of all the major events of the year, hopefully we’ll at least be able to remember the lessons we learned from them

Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.

Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda's president, Toshihiro Mibe, said Honda and Nissan will pursue unifying their operations under a joint holding company.

The supermarket has been advertising cheap deals, including 10p vegetables, ahead of Christmas.

Japan’s second- and third-largest automakers hope the deal can help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.

(Bloomberg) -- US equity futures rose, tracking the rebound in Asian stocks from last week’s selloff, as subdued inflation data rekindled expectations of Federal Reserve rate cuts. The dollar steadied after a retreat.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiHo Chi Minh City Opens First Metro Line After Years of DelayNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having

The economy fared worse than previously estimated in the quarter before the Budget, official figures suggest.