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Economists are already worried Trump’s ‘Maganomics’ will hurt growth in 2025
While President-elect Trump is looking forward to another turn in the Oval Office, economists looking at their 2025 calendar can't find the same optimism.
New jobless claims data shows labor market slowdown is 'gradual'
Weekly unemployment claims hit their lowest level since April during the final full week of 2024. In the latest sign that layoffs remain low, data from the Department of Labor released Thursday
Stock market today: Wall Street opens 2025 with gains
U.S. stock indexes are starting 2025 with gains on Thursday. The S&P 500 rose 0.8% in morning trading and was on track to break a four-day losing streak that dimmed the end of its stellar 2024. The
Bill Ackman is making good on one threat to exit Amsterdam. Here’s the other.
After riots that appeared to target Israeli soccer fans in Amsterdam, hedge-fund investor Bill Ackman said that was the tipping point for his plan to delist an investment fund based there. That’s now
FBI Says New Orleans, Las Vegas Attacks Don’t Appear Coordinated
FBI officials said Thursday they haven’t found evidence linking separate deadly New Year’s attacks in New Orleans and Las Vegas.
These ideal investments for retirees have almost never been this attractive heading into 2025
TIPS bonds at current levels can offer dramatic help to retirees — and others — seeking to draw down a portfolio in a low-risk manner. They even offer a zero-risk approach to the so-called “4% rule,”
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0850 GMT – BASF’s near-term earnings guidance is surprisingly
Multistrategy Hedge Funds Delivered Again in 2024
Multistrategy funds of all sizes produced mostly double-digit gains in 2024, in what was generally an upbeat year for the hedge fund industry.
10-year Treasury yield not far from 7-month high as new trading year begins
Yields on U.S. government debt slipped Thursday morning, though the benchmark 10-year rate remained near its highest level since late May as analysts continued to focus on the deficit outlook and a
Morgan Stanley Follows Citi, BofA in Quitting Climate Group
Morgan Stanley said it has quit a global climate-banking group, joining other Wall Street firms to have left an alliance designed to support the reduction of greenhouse-gas emissions.
48-year-old turned his side hustle into a business that brings in over $6.6 million a year: 'I feel like I’m living the dream’
Jono Pandolfi started a pottery side hustle in 2004. After years of growing the company, it brought in an estimated $6.6 million in 2024.
US Initial Jobless Claims Fall to Eight-Month Low to End 2024
Initial applications for US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.
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