Year: 2024
Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval, source tells Reuters
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Japan’s Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel‘s production capacity, as part of its efforts to secure President […]
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U.S. sanctions Russian and Iranian entities over attempted election interference
Voters fill out their ballots at a polling station in New York City on Election Day, November 5, 2024. Leonardo Munoz | Afp | Getty Images The U.S. announced Tuesday that it is leveling sanctions on entities in Iran and Russia over attempted election interference. The Treasury Department said the entities — a subordinate organization […]
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Stock market makes it all the way through 2024 without a major correction
The final session of 2024 is here and it will mark the end of a remarkably smooth year for Wall Street. The S & P 500 has rallied more than 23% for the year, hitting record highs along the way. The Dow Jones Industrial Average and Nasdaq Composite also soared to record levels, as a […]
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Berkshire Hathaway buys more of internet value play in the last few sessions of 2024
Warren Buffett’s Berkshire Hathaway spent the last few trading days of 2024 buying more of an internet company whose shares are trading near their cheapest level in seven years. The conglomerate bought 76,487 shares of Verisign via transactions on Thursday, Friday and Monday for $15.6 million, according to a regulatory filing Monday night. Berkshire now […]
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Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more
Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising close to 1.2% in midday trading. Intel has plunged more than 60% in 2024, making the stock poised to see its worst year on record and be the second-worst performer in the S & P 500 […]
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The housing market is heading into 2025 with a worrying supply trend
A home available for sale is shown in Austin, Texas, on May 22, 2024. Brandon Bell | Getty Images There’s good news in the housing market to close out 2024: There’s a lot more supply. The bad news: A lot of that supply is stale, sitting unsold for much longer than usual. Active listings in […]
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‘Magnificent 7’ stocks responsible for more than half of the S&P 500’s 2024 gain
Despite an attempt to broaden away from megacap tech, Wall Street remains reliant on those names. The S & P 500 climbed around 23% between the start of 2024 and Dec. 19. Bespoke Investment Group found that the “Magnificent 7” — a group that includes high fliers such as Nvidia , Microsoft , Apple and […]
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5 advisors offer important tips for managing your money in 2025
Key Points Financial stability is top of mind for many Americans heading into 2025. Five financial planners on CNBC’s Advisor Council discuss the financial resolutions households should target next year. Source
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Bitcoin was the best investment of 2024, but not without its usual volatility
Bitcoin was far and away the best performing asset class in 2024 as new ETFs ushered in more widespread adoption and hopes for deregulation under a new presidential administration lifted digital assets to record levels. But owning cryptocurrency also came with its usual unpredictability and dizzying swings, as this month’s trading clearly illustrates. Bitcoin has […]
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Horse racing is set for a resurgence, even as America’s oldest track closes
Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse – 1930. Robert Sennecke | Ullstein Bild | Getty Images America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024. Freehold Raceway […]
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