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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 “Politics”

Trump Picks R.F.K. Jr. to Be Head of Health and Human Services Dept.

Trump Picks R.F.K. Jr. to Be Head of Health and Human Services Dept.

Robert F. Kennedy Jr. has spread false information about vaccines and publicly contradicted the Centers for Disease Control and Prevention’s recommendation that communities fluoridate their water.Credit...Adriana Zehbrauskas for The New York Times

Whether the Senate would confirm Robert F. Kennedy Jr., a vaccine skeptic who has unorthodox views about medicine, is an open question. President-elect Donald J. Trump said on Thursday that he would nominate Robert F.…

U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats

U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats

Tariffs imposed on $300 billion of Chinese imports by President Trump in 2018 started a trade war between the United States and China that affected farmers.Credit...Libby March for The New York Times

Despite their concerns, some farm operators still support the former president and prefer his overall economic plan. To former President Donald J. Trump, “tariff” is the most beautiful word in the dictionary. But to farmers…

Crypto Industry Lobbies Trump and His Allies to Capitalize on Election Wins

Crypto Industry Lobbies Trump and His Allies to Capitalize on Election Wins

Donald J. Trump, at the Bitcoin Conference in Nashville in July, has promised to end the Security and Exchange Commission’s crackdown on the cryptocurrency industry.Credit...Doug Mills/The New York Times

As Bitcoin soars to record highs, cryptocurrency executives are maneuvering to influence Donald J. Trump’s transition and secure their policy goals. A cryptocurrency enthusiast as chair of the Securities and Exchange Commission. A presidential committee…

On Midterms’ Hints, Down-Ballot Republicans and the Race for the House

On Midterms’ Hints, Down-Ballot Republicans and the Race for the House

Donald Trump’s edge didn’t extend to candidates like Kari Lake.Credit...Rebecca Noble for The New York Times

What 2022 was telling us all along. And Trump has advantages that don’t seem transferable to his MAGA allies. It’s been just over a week since the election, and we’re still working to nail down…

At Mar-a-Lago, ‘Uncle’ Elon Musk Puts His Imprint on the Trump Transition

At Mar-a-Lago, ‘Uncle’ Elon Musk Puts His Imprint on the Trump Transition

Elon Musk has taken a prominent role in President-elect Donald J. Trump’s transition team, sitting in on many job interviews and spending significant time at Mar-a-Lago.Credit...Hiroko Masuike/The New York Times

He’s on the patio. He’s on the golf course. Everywhere Donald Trump looks, there is the world’s richest man. In nearly every meeting that President-elect Donald J. Trump holds at Mar-a-Lago, alongside him is someone…

Decision on whether to overturn Trump’s New York hush money conviction is delayed

Decision on whether to overturn Trump’s New York hush money conviction is delayed

Former President Donald Trump appears in court with his lawyers Todd Blanche, Emil Bove and Susan Necheles for his hush money trial at Manhattan Criminal Court on May 28 in New York City. Spencer Platt/Getty Images

New York Judge Juan Merchan on Tuesday agreed to give Manhattan prosecutors and Donald Trump’s lawyers a week to hash out how to proceed in Trump’s hush money case now that Trump has been reelected, raising new…

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.