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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 tagged as “China”

What’s next for TikTok now that the app might get banned?

What’s next for TikTok now that the app might get banned?

TikTok’s US-based users could have only a few more weeks to enjoy scrolling through their For You Page before the app is banned in the country starting on January 19, 2025.

What is high bandwidth memory and why is the US trying to block China’s access to it?

What is high bandwidth memory and why is the US trying to block China’s access to it?

Samsung Electronic's 12-layer HBMs, top, and other modules arranged in Seoul, South Korea on April 4, 2024 SeongJoon Cho/Bloomberg/Getty Images

The US government has imposed fresh export controls on the sale of high tech memory chips used in artificial intelligence (AI) applications to China.

How China Became the World’s Largest Car Exporter

How China Became the World’s Largest Car Exporter

A graph by The NewYorkBudgets World's Largest Car Exporter. Harlet Jonson

In a historic shift within the global automotive industry, China recently surpassed Japan to become the world’s largest car exporter. This milestone highlights the rapid transformation of China’s automotive sector, which has evolved from producing…

During meeting with Biden, China’s Xi cautions the U.S. to ‘make the wise choice’ to keep relations stable

During meeting with Biden, China’s Xi cautions the U.S. to ‘make the wise choice’ to keep relations stable

U.S. President Joe Biden meets with China’s President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Leah Millis | Reuters

China’s leader Xi Jinping met for the last time with U.S. President Joe Biden on Saturday but was already looking ahead to President-elect Donald Trump and his “America first” policies, saying Beijing “is ready to work with a new U.S. administration.”…

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.