Year: 2025
Singapore economy grew 4.0% in 2024, advance estimate shows
Buildings in the central business district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed. Nicky Loh | Bloomberg | Getty Images Singapore’s economy grew 4.0% in 2024, accelerating from 1.1% growth in 2023, preliminary government data showed on […]
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Australia stocks open higher as Asian markets resume trading after New Year’s Day holiday
Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Australia stocks opened higher with other Asian markets set to resume trading after New Year’s Day holiday. Australia’s S&P/ASX 200 rose 0.17% at open, while Nikkei 225 Chicago futures were trading at 39,605, lower than the index’s last close of […]
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Stock futures rise slightly to begin 2025 after S&P 500 notches back-to-back annual 20%-plus gains
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty Images Stock futures were slightly higher as trading got underway for 2025, with hopes that the market can regain the momentum that propelled […]
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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 […]
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Russian 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, […]
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The 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 […]
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The 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 […]
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The 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, […]
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These 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 […]
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Big 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 […]
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