Day: December 10, 2024
Stock futures are little changed as investors brace for key inflation data: Live updates
Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters Stock futures are near flat Tuesday night as investors gear up for incoming inflation data. Dow Jones Industrial Average futures rose 18 points, sitting near the flatline. S&P 500 futures and Nasdaq 100 futures ticked higher […]
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What’s behind Siemens Energy’s 300% rise this year — and what’s next?
Spun off from its parent company during the Covid-19 pandemic, Siemens Energy has been on a roller coaster over the past 18 months — from a near-death drop to a dizzying climb of over 310% this year. Yet, despite the gains, investors and analysts say the shares are set to rise further still. The big […]
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China ramps up Wall Street meetings as Trump inauguration looms
Key Points Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China. He Lifeng is one of China’s four vice premiers, and heads the ruling Chinese Communist Party’s economic and finance committee. “The Chinese […]
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Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on Nov. 7, 2024. Kent Nishimura | Getty Images Federal Reserve Chair Jerome Powell can finish his term leading the U.S. central bank despite prior insinuations that he could be pushed to step down, said Scott […]
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Insurance stocks have fallen since UnitedHealthcare CEO’s killing
A banner hanging from on overpass along the southbound lane of I-83 that says, “Deny Defend Depose Health Care 4 All.” Lloyd Fox | Baltimore Sun | Tribune News Service | Getty Images Major insurance stocks have fallen more than 6% since their closing prices last Tuesday, the day before the deadly shooting of Brian […]
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Lab-grown meat is on the rise — here’s how it is made
Lab-grown food is being hailed by proponents as the answer to some of the negative aspects that come along with modern agriculture and food production. But how does it work, and what are the pros and cons to the process? Lab-grown food is being hailed by proponents as the answer to some of the negative […]
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Trump promises ‘fully expedited’ permits for investors of $1 billion-plus in U.S.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters President-elect Donald Trump vowed Tuesday that people or companies who invest at least $1 billion in the U.S. will get “fully expedited approvals […]
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Stocks making the biggest moves after hours: General Motors, Dave & Buster’s, GE Vernova and more
Check out the companies making headlines in extended trading: General Motors — Shares of the automotive giant popped nearly 3%. General Motors said it would no longer fund robotaxi development by self-driving car company Cruise. GM said it will instead turn its focus on advanced driver assistance systems and autonomous systems in personal vehicles. Dave […]
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Adidas’s German headquarters raided in connection with tax investigation
The “Arena” office building at the headquarters of the sporting goods manufacturer adidas AG is reflected in an artificial lake. Daniel Karmann | Picture Alliance | Getty Images Adidas’s German headquarters were raided on Tuesday in connection with a years-long tax investigation, the company confirmed to CNBC in a statement. Authorities are investigating customs and […]
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If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says
Your Money If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says Published Tue, Dec 10 20243:45 PM ESTUpdated 3 Hours Ago Greg Iacurci@GregIacurci WATCH LIVE Source
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