News - 2024-12-30

Daily News Explorer

Victims of one of the biggest frauds in US history set to recover more than 90% of proven losses.

An immigration row has erupted over a long-standing US visa programme, We've looked into the figures behind the scheme.

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(Bloomberg) -- The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Treasury described the intrusion as a “major cybersecurity incident,” since it was attributed to a state-sponsored actor, according to the letter, which was reviewed by Bloomberg News.Treasury was notified on Dec. 8 by

The S&P has surged more than 24% this year, on pace for its second consecutive annual gain above 20%.

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Four former sub-postmasters are made OBEs in the New Year Honours list.

A hacker affiliated with the Chinese government reportedly hacked the U.S. Treasury Department in a "major incident" using a security key, officials said on Monday.

ETFs had a motherload year

Dec 30, 2024, 7:00 AM

The ETF industry has never had a better year than 2024 as investors gravitated towards active funds as well as Bitcoin ETFs, which made a splash in January after receiving SEC approval.

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Stocks moved lower on Monday morning as the market slumped to end 2024.

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Shares of Fannie Mae climbed 18.4%, while those of Freddie Mac rose 18% following Ackman's post on social media platform X. According to Ackman's post, Fannie Mae and Freddie Mac may emerge from conservatorship in the next two years, potentially leading to their public listing around 2026.

Crypto warrants being in a class of its own, explained San Francisco Fed president Mary Daly.

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The department notified lawmakers of the breach, which it said was linked to a state-sponsored actor in China.

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping."

Fewer exchange-traded funds generate capital gains distributions for investors each year relative to mutual funds.

Boeing stock dropped 2% in midday trade on Monday as investigators looked into the crash of a South Korean Boeing jet.

The New York Stock Exchange (NYSE) and the Nasdaq will participate in the national day of mourning for the late President Jimmy Carter on Jan. 9 by closing their markets.

Periods of low sun and wind, a weather pattern known as a Dunkelflaute, can increase electricity prices and stoke political tensions.

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Mark Wild said the high-speed project needed a "fundamental reset" as HS2 issued an update.

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Boeing shares were lower Monday after South Korea announced it is launching an investigation following the deadly Jeju Air crash over the weekend that involved a Boeing jet.

A Jan. 13 deadline for businesses to report "beneficial ownership information" was delayed again following a court order.

Tesla shareholders may want to begin paying attention to who is really running the EV giant, one prominent investor says.

Housing contract activity picked up for the fourth straight month in November as buyers shrugged off elevated mortgage rates and took advantage of higher inventory levels.

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Stocks moved lower on Monday morning as the market slumped to end 2024.

Stocks moved lower on Monday morning as the market's slump to end 2024 rolled on.

Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely

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Aviation safety analysts said they expect officials investigating the crash, which killed 179 people, to look into the location and composition of a structure housing an antenna.

Stock futures pointed lower on Monday morning as the market's slump to end 2024 looked poised to continue.

Rail passengers will face a "significantly reduced" service due to a strike by train managers.

Here's why the S&P 500 is on track to rise more than 20% in two consecutive years for the first time since the late 1990s.

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Alphabet stock is enjoying a December resurgence, even under the weight of sweeping antitrust enforcement and intense competition for AI turf.

A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.

If you face disruption because flights are cancelled or delayed you could be entitled to help.

The airport said that 20 flights have been cancelled throughout the day on Monday.

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Jimmy Carter’s time at the White House left a deep imprint on how Americans consume energy.

Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act.

A businesswoman, whose mugs have been shared by Molly-Mae, says "mum-guilt" is her biggest challenge.