Day: January 15, 2025
Cushion your portfolio in 2025 with these fixed income assets. Where to put your cash to work
Investors are facing the prospect of “higher for longer” interest rates, and that presents an opportunity for those who want to build up portfolio income. The Federal Reserve dialed back its expectations for 2025 rate cuts at its December meeting, penciling in only two reductions this year – down from the four predicted in September. […]
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Who’d buy Ubisoft? Top potential suitors for beleaguered Assassin’s Creed maker
With Ubisoft’s latest Assassin’s Creed game facing delays and independent board members reviewing strategic options, analysts are speculating on whether the gaming giant may finally put itself up for sale. The beleaguered French publisher last week postponed the launch of its upcoming “Assassin’s Creed Shadows” game by another month and appointed advisors to review its […]
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How VPNs might allow Americans to continue using TikTok
If TikTok does indeed go dark on Sunday for Americans, there may be a tool for them to continue accessing the popular social app: VPNs. The Chinese-owned app is set to be removed from mobile app stores and the web for U.S. users on Sunday as a result of a law signed by President Joe […]
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JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via Reuters JPMorgan Chase executives said the bank would increase share buybacks so that a mounting pile of […]
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DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights. The lawsuit follows a […]
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YouTube donating $15 million in LA wildfire relief, support for creators days before TikTok ban
Charred remains of buildings are pictured following the Palisades Fire in the Pacific Palisades neighborhood in Los Angeles, California, U.S. Jan. 15, 2025. Mike Blake | Reuters Google and YouTube will donate $15 million to support the Los Angeles community and content creators impacted by wildfires, YouTube CEO Neal Mohan announced in a blog post […]
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Stocks pop on cool inflation, hot bank earnings — plus, new rules on biotech exports to China
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street surged Wednesday thanks to the second encouraging inflation report this week and a batch of strong bank earnings. The consumer price index, excluding […]
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Citibank customers report fraud alerts and account access issues
In this article C Follow your favorite stocksCREATE FREE ACCOUNT A Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty Images Numerous Citibank customers reported receiving fraud alerts and difficulties accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users […]
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FTC sues Deere, alleging equipment repair ‘monopoly’ raises costs for farmers
John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. David Becker | Getty Images The Federal Trade Commission has sued agricultural equipment giant Deere & Company, arguing it holds a monopoly on repair services that raises costs and creates delays for […]
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Saudi Arabia vows to be ‘fast and furious’ in mining as it reveals $100 billion investment
Saudi Energy Minister Abdulaziz bin Salman speaks during the annual Future Investment Initiative (FII) conference in Riyadh on October 29, 2024. Fayez Nureldine | Afp | Getty Images RIYADH, Saudi Arabia — Saudi Arabia is pushing ahead to put itself on the global critical minerals map, announcing a number of deals, investment plans and discoveries […]
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