Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
WASHINGTON—Nippon Steel Corp. faced skepticism about the Biden administration's $14.9 billion bid to buy U.S. Steel, while also battling headwinds from unforeseen sources. The CEOs of the company's rival bidders had repeatedly questioned the prospects for the deal. To all investors. Lourenco Goncalves, CEO of Cleveland-Cliffs, the steelmaker whose $7 billion takeover bid for U.S. […]
Illinois man discovers Christmas gift in wall with his name on it decades after it was first wrapped
A gift from a Christmas gone by. An Illinois man renovated his childhood home and found a Christmas present with his name written on the wall. This was 46 years after it was first packaged. Tim King, 53, was helping his parents with a renovation project a few days after Christmas when he discovered a […]
Wall Street shrugs off political drama, readies for Trump 2.0
As Washington, D.C. approaches 2025, it faces a minefield of deadlines with serious political and economic consequences. But Wall Street doesn't seem too worried. The stock market ended 2024 with strong gains across all sectors, despite a slight decline in December. Experts see plenty of greenery ahead, despite the high potential for political turmoil. The […]
Stock market today: Wall Street indexes drift higher into the close of another record-breaking year – The Associated Press
U.S. stock indexes were trending higher in early trading Tuesday as Wall Street ended the year with another milestone-breaking rally. The S&P 500 rose 0.2%. The benchmark index is coming off a streak of more than 1% decline. As of 9:56 a.m. ET, the Dow Jones Industrial Average was up 120 points, or 0.3%. The […]
US stock futures edge lower after Wall Street slips amid year-end profit taking – Investing.com
Investing.com — U.S. stock index futures were slightly lower Monday night as Wall Street tumbled amid strong year-end profit-taking. By 18:34 ET (23:34 GMT), it fell 0.2% to 5,946.25 points and fell 0.2% to 21,374.75 points. It remained almost unchanged at 42,911.0 points. Tech stocks fall during year-end trading, Treasury yields rise Investors took advantage […]
Dow closes down 400 points as Wall Street limps into year-end: Live updates – CNBC
Professional traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Brendan McDiarmid | Reuters Stocks fell on Monday in one of the last trading sessions of 2024, as a great year for investors appears to be ending on a bitter note. of Dow Jones Industrial Average It lost […]
Judge blocks Biden admin from selling Trump’s border wall materials in final days
A federal judge on Friday blocked President Joe Biden from selling any more border wall material in the final days of his administration. Office of Texas Republican Attorney General Ken Paxton announced “victory” motion asked the court last week to determine whether the Biden administration violated the court's permanent injunction. The injunction prohibited the federal […]
Wall Street Journal backs Trump on H-1B visas: 'Enlightened nationalism'
The Wall Street Journal has endorsed President-elect Trump's stance on visas for high-skilled workers amid a controversy between his Silicon Valley supporters and anti-immigrant factions in his MAGA base. President Trump on Saturday joined Department of Government Efficiency (DOGE) co-chairs Elon Musk and Vivek Ramaswamy in expressing support for the H-1B visa program. “Donald Trump […]
Jeju Air crash: almost all presumed dead after South Korean aircraft veers off runway and hits wall | South Korea
Fire authorities announced that all but two of the 181 people on board the plane that veered off the runway and crashed into a wall at a South Korean airport died, Yonhap News reported. If confirmed, it would be the worst civil aviation accident in South Korea. Footage of the incident shows the Boeing 737-800 […]
Wall Street’s week in review
Liz Ann Saunders, chief investment strategist at Charles Schwab, speaks on Barron's Roundtable about market growth and her outlook as 2024 draws to a close. -Stocks end shortened Christmas week lower, but it's not all bad news -Apple hones in on new milestone as first U.S. company – Immigration debate intensifies as tech industry supports […]