Republican Mike Johnson elected House speaker after dramatic vote reversals
President-elect Donald Trump congratulated Johnson, who eked out election as speaker of the House after a first ballot was kept…
Category: Economy
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad…
These airlines were the most on time in 2024
Supply chain issues and strong travel demand continued in 2024. ...
Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025
Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year. ...
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales. ...
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.…
Bitcoin was the best investment of 2024, but not without its usual volatility
Bitcoin was far and away the best performing asset class in 2024 thanks to new ETFs and hopes for a…
Art Cashin’s sons pay homage to NYSE legend by carrying on New Year’s poem tradition
For decades, UBS' Art Cashin wrote a New Year's poem. With Cashin's passing, his sons sent this homage to their…
Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain
Intel lost over 60% of its value in 2024, the biggest drop in its 53 years as a public company.…