Thursday, January 2, 2025
UAE plans to scrap monopolies of some big merchant families – FT
The United Arab Emirates government has told some of its biggest business families that it plans to remove their monopolies...
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Fed to taper bond purchases by $15B a month as it unwinds pandemic-era stimulus
The Federal Reserve on Wednesday announced plans to begin slowing its aggressive bond-buying program by $15 billion a month in...
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Unemployment benefits delayed? You can collect past the Labor Day cutoff
Federal unemployment benefits lapsed on Labor Day. But there’s good news for Americans who’ve been waiting weeks or months for that...
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Stimulus checks: California and other states send payments to their residents
States are using leftover stimulus funds to send their residents stimulus payments as more federal direct aid appears unlikely. California...
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Amazon’s ‘Achilles heel has emerged:’ Volition Capital managing partner
Disappointing Q2 revenue reports and Q3 forecasts for Amazon (AMZN) may be symptomatic of a larger weakness, Volition Capital Managing Partner Larry...
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Crypto to see long-term benefits from new infrastructure bill regulations: analyst
The latest congressional infrastructure bill, which includes provisions on the regulation of crypto assets, could help legitimize cryptocurrencies within the mainstream...
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This Bill Gates-backed battery maker is on track to do big things for electric vehicles: CEO
With its stock price down about 72% year-to-date amid an overall cooling in the SPAC craze, QuantumScape founder and CEO Jagdeep Singh...
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Stock market news live updates: Stocks rise as investors look past disappointing GDP, jobless claims
Stocks rose on Thursday as investors looked beyond a weak set of economic data and a mixed batch of corporate...
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