News - 2025-01-02

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In a post on Meta's Facebook, Sir Nick Clegg said he was departing after nearly seven years with the company.

Rival technology giant Huawei has also cut smartphone prices in the run-up to the Lunar New Year holiday.

Parks involved in the legal action have defended their sales practices and pitch fee rises.

Tesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker.

(Bloomberg) -- President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resoluti

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Gold's rally is expected to continue in 2025, according to Wall Street analysts.

Nvidia stock led the so-called “Magnificent 7” tech stocks higher to start the year after a group-wide selloff in the last days of 2025.

Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.

Wall Street is coming off a choppy trading session, with investors taking profits in some notable 2024 gainers such as Apple and Tesla.

The ruling marks a significant moment in the long running battle over how to regulate internet providers.

The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.

Markets attempted to kick off the new year on the front foot as faith in techs reemerged.

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Turo, which investigators say was used to acquire the vehicles involved in the attack in New Orleans and explosion in Las Vegas, was emerging as an alternative car-rental service.

The International Longshoreman's Association (ILA) union and USMX have agreed to return to the negotiating table ahead of this month's strike deadline.

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Joel Kaplan, who was a former senior adviser to George W. Bush, replaces Nick Clegg, who was a former deputy prime minister of Britain, as Meta’s head of policy.

After nearly two decades of fighting, the battle over regulations that treat broadband providers like utilities came to an end on Thursday.

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He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.

The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.

Markets are set to kick off the new year on the front foot as faith in techs reemerges.

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Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.

Dominari Financial CEO Kyle Wool gives advice on ETFs and forecasts market trends in 2025 on ‘Varney & Co.’

Markets are set to kick off the new year on the front foot as faith in techs reemerges.

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The average 30-year fixed-rate mortgage rose to 6.91% to start the new year.

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are already making Donald Trump unhappy.

The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.

Tesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker.

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.

Markets are set to kick off the new year on the front foot as faith in techs re-emerges.

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Markets are set to kick off the new year on the front foot as faith in techs re-emerges.

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Shares of the company fell 3.5% before the bell, in a sign of investor worries over the challenges facing CEO Elon Musk, who expected promotions including zero-interest financing to power a "slight growth" in deliveries in 2024. Reduced European subsidies, a shift in the U.S. toward lower-priced hybrid vehicles and tougher competition from China's BYD have pressured Tesla. In response, Musk pivoted Tesla to self-driving taxis and backed President-elect Donald Trump with millions of dollars in campaign donations in hopes that it could bring regulatory relief for the company.

Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year.

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(Bloomberg) -- US mortgage rates climbed to an almost six-month high during the Christmas holiday week, suppressing applications for home purchases and severely undercutting refinancing activity.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe contract rate on a 30-year mortgage advanced 8 basis points to 6.97% in the period ended Dec. 27 after risi

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A wave of predictions that a polar vortex will make this January the coldest in years sent natural gas prices up this week, and experts say it could test supplies in the US and Europe.

The stock market has been on a blistering two-year rally. But Wall Street is warning that a number of factors, including Donald Trump’s policies, could slow or derail that momentum

Markets are set to kick off the new year on the front foot as faith in techs re-emerges.

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The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.

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Rail managers who are RMT union members are locked in a row over rest day working.

The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.

It’s hard work to harvest, but a growing cadre of small farmers and home gardeners are cultivating the spice for profit, or simply pleasure.

Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.

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