Year: 2025
At least 10 killed in New Orleans truck attack, driver identified as U.S. citizen with ISIS flag
Police officers stand at the scene where a truck drove into a large crowd on Bourbon Street in the French Quarter of New Orleans, Louisiana, U.S. January 1, 2025 in this screengrab taken from a video. Abc Affiliate Wgno | Via Reuters A 42-year-old Texas man crashed a pickup truck into a crowd celebrating New […]
Read MoreRussian gas era in Europe ends as Ukraine stops transit
YANTAI, CHINA – SEPTEMBER 11, 2023 – A large LNG tank deck ship loaded with liquefied natural gas imported from Malaysia is docked at the Longkou Port area of Yantai Port in Yantai, Shandong province, China, September 11, 2023. As the country’s first oil and gas terminal, tank farm, pipeline integrated operation of the port, […]
Read MoreThe breakout stocks of 2024 that are not in the tech sector
While 2024 saw megacap technology stocks propel the stock market to new heights, there were some standouts outside of the tech space. The last year was a record-breaking one for the market, with the bull run of key tech names like artificial intelligence darling Nvidia helping power the market’s gains and becoming one of the […]
Read MoreThe battered bond market starts 2025 facing some difficult issues about debt
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is […]
Read MoreThe yield on the 10-year Treasury when stock returns disappear
The bull market enters 2025 under threat from a familiar menace over the years: rising interest rates. History has shown that when the 10-year Treasury yield rises to its current levels, equity returns begin to turn negative. After a banner year for stocks, the broader S & P 500 benchmark ended December in the red, […]
Read MoreThese restaurant chains closed locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers pulled back their restaurant spending in 2024 and instead sought value and discounts when they did choose to dine outside their homes. Overall U.S. restaurant […]
Read MoreBig Lots approved for last-minute sale of 200 to 400 stores
Carle Place, N.Y.: The Big Lots store in Carle Place, New York on July 23, 2024. Newsday Llc | Newsday | Getty Images Retailer Big Lots on Tuesday received a bankruptcy judge’s approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership. U.S. Bankruptcy Judge Kate Stickles […]
Read MorePresident-elect Donald Trump says he will attend Jimmy Carter’s funeral
U.S. President-elect Donald Trump looks on during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Rebecca Noble | Getty Images President-elect Donald Trump said he would attend next week’s state funeral for Jimmy Carter, the former U.S. president who died on Sunday at the age of 100, […]
Read MoreXi says no one can stop China’s ‘reunification’ with Taiwan
China’s President Xi Jinping speaks during an awards ceremony at the Great Hall of the People in Beijing on Sept. 29, 2024, ahead of China’s National Day. Adek Berry | Afp | Getty Images No one can stop China’s “reunification” with Taiwan, Chinese President Xi Jinping said in his New Year’s speech on Tuesday, laying […]
Read MoreSouth Korea export growth rebounds in December, but risks loom
A South Korea flag is displayed against skyscrapers and businesses in Gangnam-gu, Seoul. Ann Hermes | Christian Science Monitor | Getty Images South Korea’s exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead. […]
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