Day: December 24, 2024
Multiple U.S. states consider strategic bitcoin reserves: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Eli Cohen […]
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FDA raises recall alert to highest level on Costco eggs over risk of severe illness or death due to salmonella
Eggs are displayed for sale inside a Costco store in Hawthorne, California, on January 26, 2023. Patrick T. Fallon | AFP | Getty Images Federal food regulators raised their alarm for recalled eggs sold from Costco stores over possible salmonella exposure, reclassifying the targeted product to their highest risk level. The FDA had previously announced on Nov. 27 that about […]
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Stocks making the biggest moves midday: American Airlines, Broadcom, big banks and more
Check out the companies making headlines in midday trading: American Airlines — Shares slipped less than 1%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 2%, extending its December rally. Shares have surged more than 46% this month, propelling […]
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These stocks will be the biggest Nasdaq losers of 2025, according to analysts
It is no secret that tech has been responsible for most of the market’s gains this year. But that tech trade may not look the same in 2025 as favorites such as AppLovin and Netflix could actually take a hit. Investors piled money into the tech sector for the second straight year in 2024, particularly […]
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The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]
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American Airlines temporarily grounded U.S. flights because of technical issue
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines grounded flights nationwide Wednesday morning due to a technical issue, snarling travel during what carriers expect to be a period of record demand for the holidays. By 7:55 a.m. […]
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Here’s why business leaders are spending big on Trump’s inaugural committee
Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as […]
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Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 […]
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Biggest banks planning to sue the Federal Reserve over annual stress tests
A general view of the Federal Reserve Building in Washington, United States. Samuel Corum | Anadolu Agency | Getty Images The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests, according to a person familiar with the matter. A lawsuit is expected this week and could come as soon […]
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Airlines brace for record travel
CNBC’s Andrew Ross Sorkin reports on the latest news. Source
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