Month: January 2025
Goldman says it’s not too late to move out of cash to nab more yield. Here’s what it likes
It is not too late to start thinking about moving out of short-term cash instruments and into longer-duration bonds, according to Goldman Sachs Asset Management. Investors have been enjoying solid yields on their cash , although those payouts are down from recent highs. The Crane 100 Money Fund Index , which is based on the […]
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Supreme Court allows anti-money laundering law to take effect
A woman carries a “SCOTUS v THE PEOPLE” sign in front of the U.S. Supreme Court in Washington on Monday, October 7, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images The Supreme Court cleared the way on Thursday for the enforcement of an anti-money laundering federal law that requires corporate entities to disclose […]
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OpenAI introduces Operator to automate tasks such as vacation planning, restaurant reservations
OpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks such as planning vacations, filling out forms, making restaurant reservations and ordering groceries. The tool, announced on Thursday, is called Operator. OpenAI describes it as “an agent that can go to the web to perform tasks for you,” and […]
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Sen. Lisa Murkowski to vote against Hegseth, first Republican to oppose a Trump Cabinet pick
U.S. Sen. Lisa Murkowski (R-AK) ahead of a session on Capitol Hill in Washington on Jan. 22, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Sen. Lisa Murkowski announced Thursday that she will vote against confirming Pete Hegseth to lead the Pentagon, becoming the first Republican to oppose one of President Donald Trump’s Cabinet […]
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Google restores Joe Biden to ‘U.S. presidents’ search results, blames ‘data error’ for omission
David Gray | Bloomberg | Getty Images Google on Thursday blamed a “data error” after users reported that former President Joe Biden was missing from the company’s search results. Users on Wednesday noticed that results for search queries that included “US Presidents,” “United States Presidents” and “US Presidents in order” did not include Biden, who […]
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This retailer just broke out and is entering a new bullish phase, according to the charts
After gapping higher into a new all-time high in March 2024, Dick’s Sporting Goods Inc. (DKS) settled into a rangebound phase into the end of the year. Numerous attempts to break to new heights were repelled, pushing the price back to previous support levels. This week, DKS finally appears to have completed a bullish rotation […]
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Trump just took a shot at Bank of America. Here’s what he’s talking about
Key Points President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives. Both banks deny the accusations, which Trump and others in his orbit have repeated in recent months. The accusations may have roots in allegations from state attorneys general last year. Source
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A norovirus vaccine could be on the horizon as cases rise
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Norovirus is raging across the U.S. this winter. Moderna might soon have a vaccine for it. A large phase three trial of the shot is underway, with results […]
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Airlines flex pricing power, signaling higher fares in 2025
Travelers walk through O’Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform […]
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President Donald Trump says he’ll ‘demand that interest rates drop immediately’
President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates. Speaking via video to an assembly of global leaders at the World Economic Forum in Davos, Switzerland, the new president in a wide-ranging policy speech did not mention the Fed by name […]
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