Daily News Explorer
Xi Jinping, China’s Leader, Nods to Economic Challenges
Dec 31, 2024, 10:40 PM
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.
Post Office: MPs call for financial penalty for slow payouts
Dec 31, 2024, 8:35 PM
The business and trade select committee says the schemes are so poorly designed, the application process is like a second trial.
Bus fare cap: Passengers in England face £1 rise
Dec 31, 2024, 8:25 PM
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.
Energy price cap: Bills rise with warnings of more pain ahead
Dec 31, 2024, 7:53 PM
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.
Here's where Wall Street sees stocks heading after the best 2-year stretch since '97-'98
Dec 31, 2024, 4:15 PM
Wall Street strategists see further gains for the S&P 500 in 2025 as a broadening of earnings growth and a resilient US economy continue to drive the bull market rally.
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
Dec 31, 2024, 5:01 PM
NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump. The benchmark S&P 500 was up 23.31% in 2024, even with a recent speed bump, marking its second-straight year of gains exceeding 20%, lifted by megacap tech stocks and excitement over the business potential of artificial intelligence. Investors are more confident about the economy than this time a year ago, with consumers and businesses having absorbed higher interest rates and the Federal Reserve now lowering them - albeit by not as much as hoped.
Stock market today: Stocks slide as Wall Street's year of 20% gains ends on a quiet note
Dec 31, 2024, 4:04 PM
US stocks slipped Tuesday, continuing an uncharacteristic limp to the finish after a roaring year of trading.
Is Intel stock done going down?
Dec 31, 2024, 12:22 PM
Here's why this tech investor thinks Intel has a lot of proving to do.
Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs
Dec 31, 2024, 2:50 PM
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu. Goods that enter Mexico via courier companies originating from countries that do not have an international treaty with Mexico will be subject to a duty of 19%, SAT said in a statement shared with reporters.
States where minimum wage will rise in 2025
Dec 31, 2024, 2:39 PM
Nearly half the states in the U.S. are raising their minimum wages in 2025, meaning pay hikes for more than 9 million workers, according to a new report.
Why Bill Ackman is 'confident' Trump will privatize Fannie Mae and Freddie Mac
Dec 31, 2024, 12:28 PM
Billionaire investor Bill Ackman is stoking new speculation that the Trump administration could end one of the oldest fights on Wall Street by loosening the federal government’s grip over Freddie Mac and Fannie Mae.
Housing supply jumps to 4-year high – but it's not all great news
Dec 31, 2024, 1:07 PM
America's housing shortage appears to be easing, but the major reason for the increase in homes on the market provides little comfort, according to a new report.
Planes didn’t fall from the sky on Jan. 1, 2000. A technology reporter who wrote a front-page article early that morning reflects on a crisis that never was.
Bill Ackman is 'confident' Trump will privatize Fannie Mae and Freddie Mac
Dec 31, 2024, 12:28 PM
Billionaire investor Bill Ackman is stoking new speculation that the Trump administration could end one of the oldest fights on Wall Street by loosening the federal government’s grip over Freddie Mac and Fannie Mae.
5 advisors offer important tips for managing your money in 2025
Dec 31, 2024, 11:45 AM
Financial stability is top of mind as households get set to ring in the new year.
A standoff between BlackRock and the FDIC is dragging into 2025
Dec 31, 2024, 10:52 AM
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of President Joe Biden’s administration.
Stock market today: Dow, S&P 500, Nasdaq slide as Wall Street tries to end roaring 2024 on a high note
Dec 31, 2024, 11:15 AM
Stocks were setting up for a fitting end to a roaring year of trading after an uncharacteristic limp into the finish.
10 stocks retail investors craved in 2024
Dec 31, 2024, 11:12 AM
It has been another great year for retail investors.
The Top Movies of 2024: ‘Wicked’ and Nine Sequels
Dec 31, 2024, 11:05 AM
Box office returns have started to stabilize. But nine of the top 10 box office hits this year were sequels. And the 10th was “Wicked.”
A standoff between BlackRock and FDIC is dragging into 2025
Dec 31, 2024, 10:52 AM
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of President Joe Biden’s administration.
Stock Market Set for More Gains in 2025, Analysts Predict
Dec 31, 2024, 9:33 AM
The S&P 500 is set to post back-to-back annual gains of more than 20 percent for the first time since the late 1990s. Analysts expect stocks to continue rising in 2025.
Stock market today: Dow, S&P 500, Nasdaq rebound as stocks look to end roaring 2024 with a bang
Dec 31, 2024, 9:32 AM
Stocks were setting up for a fitting end to a roaring year of trading after an uncharacteristic limp into the finish.
Do Kwon: fugitive cryptocrash boss finally extradited to US
Dec 31, 2024, 8:34 AM
US authorities allege he was responsible for the collapse of two coins, prompting a massive crypto sell-off.
Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop
Dec 31, 2024, 8:23 AM
(Bloomberg) -- For all the exuberance about Tesla Inc. benefiting from Donald Trump’s return to the White House, Wall Street isn’t so sure the carmaker can avoid its first annual sales decline in over a decade.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Analysts surveyed by Bloomberg are estimating the company may deliver around 510,400 vehicles in the final three months of the year. That would set a new quarterly record for Tesla, but the company would ne
Art Cashin's sons pay homage to NYSE legend by carrying on New Year's poem tradition
Dec 31, 2024, 7:38 AM
For decades, UBS' Art Cashin wrote a New Year's poem. With Cashin's passing, his sons sent this homage to their father.
The Atlantic Beefs Up Politics Coverage Under Trump
Dec 31, 2024, 7:00 AM
The magazine is recruiting from a crosstown rival, The Washington Post, to bolster its political staff.
These were the top-searched money topics of 2024
Dec 31, 2024, 6:00 AM
People looked up financial topics on Investopedia over the course of the year, with searches for some emerging as very popular. Investopedia's Caleb Silver discussed the findings.
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
Dec 31, 2024, 5:02 AM
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
Why Trumpers are tripping over immigration
Dec 31, 2024, 4:40 AM
Immigration is supposed to be one of Trump's strong suits, yet his own supporters are now bickering over it.
How the Fed and Trump could collide in 2025
Dec 31, 2024, 4:00 AM
President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they could do so again in 2025.
Nationwide boss: Women working at home could risk missing out
Dec 31, 2024, 3:18 AM
The boss of the world's biggest building society told the BBC that more needs to be done to support women at work.
The boldest bitcoin predictions for 2025 are in — and most see prices doubling to $200,000
Dec 31, 2024, 1:03 AM
Several industry watchers who spoke to CNBC forecast bitcoin will hit $200,000 in 2025.
Migrant Chinese Muslims in NYC Say They Now Fear Trump
Dec 31, 2024, 12:01 AM
At a shelter in the Flushing area of New York, Hui Muslims who fled oppression in China are concerned about the president-elect’s vows to tighten asylum policy.