Trump was set to take over a robust economy, but circumstances shifted.
The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
The Dow Jones Industrial Average on Wednesday finished above 45,000 for the first time, as it extended a 2024 rally that's driven major benchmarks to a series of records.

Egg Prices Surge Just in Time for the Holidays
Egg Prices Surge Just in Time for the Holidays
December 21, 2024 9:10 pm
Americans stocking up on holiday cooking essentials may be greeted with an unwelcome surprise in the grocery aisles: higher prices for eggs, spurred by an intensifying bird flu outbreak.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone.
December 5, 2024 3:56 pm
The Dow Jones Industrial Average on Wednesday finished above 45,000 for the first time, as it extended a 2024 rally that's driven major benchmarks to a series of records.
Disney Increases Dividend by 33% Following Streaming Profit Milestone
Disney Increases Dividend by 33% Following Streaming Profit Milestone
December 5, 2024 3:47 pm
Disney’s announcement comes on the heels of significant milestones in its streaming division, which includes Disney+, Hulu, and ESPN+. The company reported that its direct-to-consumer business turned profitable in the most recent quarter, a major achievement in an industry where profitability has often been elusive.
The funds which invest in Indian small- and mid-cap companies
The funds which invest in Indian small- and mid-cap companies
December 5, 2024 2:54 pm
How these managers deal with high valuations and the risks associated with this category of...
Tesla stock target raised at Bank of America after Giga Texas visit
Tesla stock target raised at Bank of America after Giga Texas visit
December 5, 2024 2:25 pm
Bank of America raised its price objective for Tesla shares to $400 from $350 on Thursday, citing enhanced growth confidence following a visit to Tesla's Giga Texas factory in Austin.
“Years Later, Citigroup Still Faces Fallout from Firing Eight Asia Traders”
“Years Later, Citigroup Still Faces Fallout from Firing Eight Asia Traders”
December 4, 2024 5:29 pm
By Harlet Jonson | Dec 04, 2024 Updated 05:38 a.m. ET Citigroup’s decision to terminate eight foreign exchange...
Oracle Stock Achieves Record Performance with 75% Surge Since Dot-Com Era
Oracle Stock Achieves Record Performance with 75% Surge Since Dot-Com Era
December 3, 2024 6:45 pm
Oracle Corporation has experienced a remarkable year in 2024, with its stock surging by 75%. This impressive performance marks Oracle's best year since the dot-com boom, reflecting strong investor confidence and robust financial results.
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
BlackRock to Acquire HPS Investment Partners to Deliver Integrated Solutions Across Public and Private Markets
December 3, 2024 6:34 pm
BlackRock is acquiring HPS Investment Partners, a leading global credit investment manager, for approximately $12 billion in an all-stock deal. The acquisition is expected to close in mid-2025.

Posts published in “Business”

How Southwest Airlines Lost Its Groove

Southwest started flying from Dallas Love Field in 1971. In its early days it connected Dallas to Houston and San Antonio.Credit...Desiree Rios for The New York Times

For decades, the company made money even as other airlines stumbled and went bankrupt. But the carrier has struggled to adapt to changes in air travel. By Abraz Khan | Nov. 23, 2024 Updated 11:35 a.m.…

Why Elon Musk thinks ‘impoundment’ could be the key to making his DOGE ideas a reality

Elon Musk and President-elect Donald Trump talk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on Nov. 19 in Brownsville, Texas. (Brandon Bell/Getty Images) · Brandon Bell via Getty Images

Donald Trump and “first buddy” Elon Musk aren’t even formally in power yet, but they already appear to be chafing at the spending constraints Congress could place on them. By Bill Henery Photographs by Shutterstock | Nov. 25,…

Gautam Adani, the Indian billionaire and businessman who was just charged in a massive bribery case in the US

By David Danyel Photographs by Bloomberg | Nov. 22, 2024 Updated 12:31 a.m. ET Gautam Adani, the second-richest person in India, is facing bribery charges in the US and business tumult globally. Adani is the founder and…

Urban areas are getting hotter. A startup from one of the world’s hottest cities wants to help

Solar panels double as shade for walkways at Masdar City on November 3, 2023, in Abu Dhabi, United Arab Emirates. Andrea DiCenzo for The Washington Post/Getty Images

Climate change is impacting urban areas especially hard, and densely populated cities are suffering the most. The urban heat island effect means that city temperatures can be several degrees higher than nearby rural regions. That’s because materials…

Warner Bros Discovery, NBA settle legal battle over broadcast rights, The Wall Street Journal reports says

General view of a sideline TNT broadcast camera. Ron Chenoy-USA TODAY Sports

Warner Bros Discovery has settled its breach of contract lawsuit against the National Basketball Association (NBA), the Wall Street Journal reported on Saturday, citing people familiar with the matter. The agreement will keep the media…

A Search in Syria for the Disappeared
A Search in Syria for the Disappeared
For over a decade, tens of thousands of people living in Syria would disappear without explanation. They were picked up off the street. Plucked from university classes. Yanked out of stores as they bought groceries, and from taxis on their way home from work.
Live: Assad Flees Amid Syrian Rebels’ Capture of Damascus
Live: Assad Flees Amid Syrian Rebels’ Capture of Damascus
President Bashar al-Assad’s immediate location was not initially clear after rebels took control of Syria’s capital. Russia’s Foreign Ministry did not provide details on where he had gone, saying only that he had resigned and left the country.
The Gaza war followed years of weak diplomacy, says top U.N. envoy
The Gaza war followed years of weak diplomacy, says top U.N. envoy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.
Investigation Into Forced Adoptions From Ukraine Points Finger at Putin
Investigation Into Forced Adoptions From Ukraine Points Finger at Putin
Yale researchers traced hundreds of children taken to Russia in the war, finding what they described as “a higher level of crime than first understood.”...

AWS bets on liquid cooling for its AI servers
It’s AWS re:Invent 2024 this week, Amazon’s annual cloud computing extravaganza in Las Vegas, and as is tradition, the company has so much to announce, it can’t fit everything into its five (!) keynotes. Ahead of the show’s official opening, AWS on Monday detailed a number of updates to its overall data center strategy that are worth paying attention to.
The Browser Company teases Dia, its new AI browser
The Browser Company, the company behind Arc Browser for both desktop and mobile, teased its new web browser Monday called Dia — and this time, it focuses on AI tools. In the last few years, the startup launched Arc on Mac and Windows and Arc Search on iOS and Android, but the company is beginning work on a new product with a broader appeal.