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Tiny but vital metal markets rush to adjust to Chinese clampdown
cryptocurrency newsDec 21, 2024

Tiny but vital metal markets rush to adjust to Chinese clampdown

(Bloomberg) — Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply…

Why a housing market ‘thaw’ never came in 2024
cryptocurrency newsDec 21, 2024

Why a housing market ‘thaw’ never came in 2024

Wall Street analysts had hoped the housing market would show signs of life in 2024. Instead, it remained stagnant. The reason is largely tied to mortgage rates’ bumpy path this…

3 Fantastic Stocks That Could Enjoy a Santa Claus Rally
cryptocurrency newsDec 21, 2024

3 Fantastic Stocks That Could Enjoy a Santa Claus Rally

Santa Claus will soon be on his way delivering presents to kids around the world. But could the jolly gift-giver bring something for investors, too? So-called “Santa Claus rallies” can…

Money market account rates today, December 21, 2024 (best account provides 5.00% APY)
cryptocurrency newsDec 21, 2024

Money market account rates today, December 21, 2024 (best account provides 5.00% APY)

Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed…

CD rates today, December 21, 2024 (best account provides 4.27% APY)
cryptocurrency newsDec 21, 2024

CD rates today, December 21, 2024 (best account provides 4.27% APY)

Today’s certificate of deposit (CD) interest rates are some of the highest we’ve seen in more than a decade thanks to several rate hikes by the Federal Reserve. However, the…

Savings interest rates today, December 21, 2024 (best account provides 4.75% APY)
cryptocurrency newsDec 21, 2024

Savings interest rates today, December 21, 2024 (best account provides 4.75% APY)

Today’s savings account interest rates are some of the highest we’ve seen in more than a decade due to several rate hikes by the Federal Reserve. However, the Fed finally…

Mortgage and refinance rates today, December 21, 2024: Rates are unsteady
cryptocurrency newsDec 21, 2024

Mortgage and refinance rates today, December 21, 2024: Rates are unsteady

Mortgage rate movements are a bit unsteady today. For example, according to Zillow, the average 30-year fixed rate has increased by four basis points to 6.67%, and the 15-year fixed…

The Dow’s losing streak showed its big weakness: Chart of the Week
cryptocurrency newsDec 21, 2024

The Dow’s losing streak showed its big weakness: Chart of the Week

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: With its 0.04% gain Thursday, the Dow finally…

Billionaire Paul Tudor Jones’ Fund Just Sold Boeing and Bought This Popular Cryptocurrency Instead
cryptocurrency newsDec 21, 2024

Billionaire Paul Tudor Jones’ Fund Just Sold Boeing and Bought This Popular Cryptocurrency Instead

There aren’t too many better investors than the billionaire hedge fund manager Paul Tudor Jones. Jones launched Tudor Investment Corp in 1980. In 1987, Jones correctly predicted the stock market…

Better Artificial Intelligence Stock: Wolfspeed vs. AMD
cryptocurrency newsDec 21, 2024

Better Artificial Intelligence Stock: Wolfspeed vs. AMD

Seemingly overnight, artificial intelligence became a major growth industry. The global AI market was valued at $93 billion in 2020, and now, it’s expected to hit $244 billion in 2025.…

Retailer Party City files for bankruptcy, will wind down 700 stores
cryptocurrency newsDec 21, 2024

Retailer Party City files for bankruptcy, will wind down 700 stores

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second…

3 Things You Need to Know If You Buy Lemonade Stock Today
cryptocurrency newsDec 21, 2024

3 Things You Need to Know If You Buy Lemonade Stock Today

No topic in the investment community has gotten more attention in the past couple of years than the rise of artificial intelligence (AI). Executives in a range of industries are…

Party City to shut down after nearly 40 years in business
cryptocurrency newsDec 20, 2024

Party City to shut down after nearly 40 years in business

A shopper leaves a Party City store in Vernon Hills, Ill. The retailer is shutting down after 40 years. (Nam Y. Huh / Associated Press) Party City, the party and…

IVV Pulls in $31B; VOO and SPY Both Shed Billions
cryptocurrency newsDec 20, 2024

IVV Pulls in $31B; VOO and SPY Both Shed Billions

Finance Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 31,338.39 578,100.70 5.42% SPYV SPDR Portfolio…

Battery maker Northvolt makes progress toward longer-term bankruptcy financing
cryptocurrency newsDec 20, 2024

Battery maker Northvolt makes progress toward longer-term bankruptcy financing

NEW YORK (Reuters) – Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and…

Strategic cargo theft leaves drivers, brokers liable for massive losses
cryptocurrency newsDec 20, 2024

Strategic cargo theft leaves drivers, brokers liable for massive losses

Cargo theft is a growing problem in the United States. (Photo: Jim Allen/FreightWaves) Cargo theft by fraud is a growing freight industry issue and has resulted in a massive increase…

Barr to VP investor relations for Norfolk Southern
cryptocurrency newsDec 20, 2024

Barr to VP investor relations for Norfolk Southern

A Norfolk Southern train at Elizabethport, N.J. (Photo: Stuart Chirls/FreightWaves) Norfolk Southern Corp. has named Michael Barr as vice president of investor relations and treasurer. Barr most recently worked as…

Big Money Pumping Up Planet Fitness
cryptocurrency newsDec 20, 2024

Big Money Pumping Up Planet Fitness

PLNT franchises and operates fitness clubs around the world. It is one of the largest and fastest-growing fitness companies in terms of its number of members and locations. PLNT’s low-cost…

Treasuries Gain as Key Fed Inflation Figures Trail Estimates
cryptocurrency newsDec 20, 2024

Treasuries Gain as Key Fed Inflation Figures Trail Estimates

(Bloomberg) — US Treasuries were off their sessions highs late on Friday after a closely watched batch of inflation data came in below expectations, leading traders to lift the outlook…

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
cryptocurrency newsDec 20, 2024

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the…

We want to finish the inflation fight
cryptocurrency newsDec 20, 2024

We want to finish the inflation fight

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The market is spooked by an inflation-concerned Fed not smashing the pedal down…

President-elect Trump transfers close to $4 billion worth of his Trump Media shares to a trust
cryptocurrency newsDec 20, 2024

President-elect Trump transfers close to $4 billion worth of his Trump Media shares to a trust

Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing.…

Fed’s Goolsbee says policy uncertainty led to his shift on rate-cut path
cryptocurrency newsDec 20, 2024

Fed’s Goolsbee says policy uncertainty led to his shift on rate-cut path

(Reuters) – Chicago Federal Reserve President Austan Goolsbee said on Friday he now projects a shallower rate-cutting path in 2025 than he had previously, but added he still believes the…

Tips to Reach That Goal
cryptocurrency newsDec 20, 2024

Tips to Reach That Goal

A woman looks over a financial statement for her retirement savings. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Americans believe they’ll…

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