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Dow, S&P rise after Apple forecasts strong sales
The U.S. S&P 500 stock index (.SPX), opens new tab rose 0.42% in early trading and was on track to end the week broadly flat, while the tech-heavy Nasdaq (.NDX), opens new tab climbed 0.77% but was
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see approach
Tech giants to turn into ‘Lagnificent 7’ as U.S. exceptionalism peaks, say Bank of America strategists
The ”Magnificent Seven” grouping of tech stocks that have powered markets is set to start lagging the market, a team of strategists says.
Swiss criminal court convicts commodities firm Trafigura in Angola bribery case
Switzerland's top criminal court on Friday convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry
AbbVie’s newer immunology drugs are offsetting Humira’s decline, sending stock up 5%
AbbVie Inc.’s stock rose 5% early Friday to lead S&P 500 gainers premarket, after the drug company beat fourth-quarter earnings estimates and offered an upbeat view of 2025, as its newer immunology
Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years.
Can you deduct your home office on your taxes? It's not just 'if.' The key is the 'why'.
Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the deduction and how to take it.
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures
Inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and
Nvidia CEO Huang to Meet Trump at White House on Friday
President Donald Trump will meet with Nvidia Corp. chief executive Jensen Huang at the White House on Friday, according to people familiar, days after a new Chinese AI model from DeepSeek sparked
Exxon Mobil's strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per
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