Day: January 9, 2025
Ford reveals a special edition of its $325,000 Mustang GTD called ‘Spirit of America’
2025 Mustang GTD Spirit of America Ford DETROIT — Ford Motor on Thursday revealed a special edition of its $325,000 Mustang GTD called “Spirit of America,” a nod to historical jet-propelled cars sharing the same name. The white vehicle features red and blue stripes down its center, matching the overalls that Spirit of America driver […]
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Stock futures slip as Wall Street braces for Friday’s jobs report: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures fell on Thursday night as investors anxiously await the release of new economic data on Friday. S&P […]
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Nvidia’s tiny $3,000 computer steals the show at CES
Nvidia CEO Jensen Huang speaks about Project Digits personal AI supercomputer for researchers and students during a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Gadgets, robots and vehicles imbued with artificial intelligence will once again vie for attention at the Consumer Electronics Show, as vendors behind […]
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Want to invest in the UK? Barclays names 3 stocks to buy — giving 2 over 40% upside
There may be some questions about the strength of the U.K. economy right now, but Barclays continues to see investment opportunities in the country, naming small- and mid-cap stocks it is betting on right now. The benchmark FTSE 100 index logged returns of 5.7% in 2024, significantly below its U.S. counterparts, with the S & […]
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Judge scraps Biden’s Title IX rules, reversing expansion of protections for LGBTQ+ students
U.S. President Joe Biden delivers remarks during the Tribal Nations Summit at the Department of the Interior in Washington, D.C., U.S., December 9, 2024. Elizabeth Frantz | Reuters The Biden administration’s Title IX rules expanding protections for LGBTQ+ students have been struck down nationwide after a federal judge in Kentucky found they overstepped the president’s […]
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Friday’s jobs report could present a mixed view of the labor market. Here’s what to expect
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring. From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000 in nonfarm payrolls, a step […]
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Aerospace firms brace for protectionism under Trump, Airbus CEO says
An Airbus A321 XLR aircraft, with CFM LEAP engine, is pictured on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald […]
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Los Angeles wildfires could be costliest blaze in U.S. history
A U.S. flag flutters amid the remains of burnt buildings as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, in the Pacific Palisades neighborhood of west Los Angeles, California, U.S. Jan. 8, 2025. Mike Blake | Reuters The wildfires wreaking devastation in the Los Angeles area could become the […]
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Venezuela opposition leader Machado arrested, local media says, citing staffer
Venezuelan opposition leader Maria Corina Machado waves a national flag during a protest called by the opposition on the eve of the presidential inauguration, in Caracas on January 9, 2025. Juan Barreto | Afp | Getty Images Venezuela opposition leader Maria Corina Machado has been arrested, internet broadcaster VPI TV said on Thursday, citing opposition […]
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Fed Governor Bowman says December interest rate cut should be the last
Key Points Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process. Even with the full percentage points of cuts from September through December, there are still “upside risks to inflation,” she added. Other Fed speakers this […]
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