The Department of Justice (DOJ) and 16 states on Thursday filed a civil lawsuit against Apple Inc. and accused the company of illegally monopolizing the smartphone market. The DOJ and 16 state attorneys general claimed Apple attempted to limit competition, which harms consumers, small businesses, and app developers via the firm’s App Store and other […]
MISSOULA, Mont.—A Washington state man accused of helping kill thousands of birds pleaded guilty in federal court on Wednesday to shooting eagles on an American Indian reservation in Montana and selling their feathers and body parts on the black market. Travis John Branson pleaded guilty to conspiracy, wildlife trafficking and two counts of trafficking federally […]
China’s ruling Chinese Communist Party (CCP) has replaced the head of its securities regulator, as public anger grows over the Chinese stock market crash. Meanwhile, the communist regime has resorted to administrative intervention to stop stocks from plunging. China’s stock market has continued melting down since the new year, reaching its lowest points in years […]
Chinese stocks tumbled to a five-year low on Monday after regulators vowed to pull the dwindling market back toward stability. Alongside the issue, Beijing is boasting about its self-reported 5.2 percent GDP growth in 2023, but calculations from a Japanese financial commentator suggest a different picture.
From hope to hesitancy to a total halt as global investors appear unimpressed with Beijing’s economic rescue package. It’s not just 2024 that’s a bad start for Chinese stocks, it’s been an uphill battle since 2021. Over the past three years, about $6 trillion has been wiped off the value of Chinese and Hong Kong […]
In today’s job seekers’ market, Cynthia Favre, director of vocation and career readiness programs at Gustavus Adolphus College, credits the trend to retiring baby boomers. Favre advises candidates not to just haphazardly apply but to demonstrate alignment with the employer’s mission.
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups […]
There’s nothing quite like a festive market to bring out the Christmas spirit in people. While these events can be traced back to Vienna—the city’s first recorded December market was in 1298—the tradition has spread across the world over the centuries. From Germany, to Switzerland, to Singapore, to New York, it’s difficult to find a […]
PEARLAND, Texas—Two children and three other people were shot at a Texas flea market and one child later died at a hospital, police said. Officers responded to a call of shots fired at Cole’s Flea Market in the Pearland area about 5:30 p.m. Sunday, the Pearland Police Department posted on X, formerly known as Twitter. […]
The U.S. job market is continuing to cool down, adding just 187,000 positions in July, according to data released Friday by the Bureau of Labor Statistics. It’s less than the net gain of 200,000 jobs economists were expecting. A cooling labor market is in line with the Federal Reserve’s goal. The July unemployment rate ticked […]
The stock market has been soaring for most of this year, with much of the gains due to excitement surrounding artificial intelligence. Nvidia’s stock alone is up more than 200 percent this year. Many investors are comparing what’s happening now to the dot-com bubble of the early 2000s. But it is really a bubble this […]
The S&P 500 has rallied 15 percent year-to-date. The index ended on Friday at 4,409, up 23 percent from its October lows. Some worry stocks are already getting overheated, while others see more room on the upside. The International Monetary Fund (IMF) is working on a platform for central bank digital currencies to enable transactions […]
Is right now a good time for selling a house, financially speaking? What are the costs a seller is typically faced with when selling a house? How can they minimize those costs, or maybe avoid some of them altogether? Is there any way to speed up the process? How can the seller avoid having a […]
The highly anticipated Federal Reserve interest rate decision is today. The biggest question is whether the Fed will raise interest rates yet again or decide to pause hikes this time. NTD spoke with a senior analyst who’s closely following this.
The S&P 500 is up 20 percent from its lowest point in October, matching the definition of a bull market. Billionaire investor turned philanthropist George Soros is giving control of his $25 billion empire to a younger son, Alexander Soros. Americans’ expectations for inflation a year from now fell to the lowest level in two […]
The CEOs of some of America’s biggest companies were in China this week, taking the pulse of one of their top markets. Among the biggest names in town were Tesla and Twitter leader Elon Musk, JP Morgan Chase CEO Jamie Dimon, and Starbucks’ Laxman Narasimhan. They followed earlier visits by Apple’s Tim Cook, Pfizer’s Albert […]
An analysis shows that the market value of Anheuser-Busch InBev, the maker of Bud Light and Budweiser, dropped more than $15 billion since April 1—or the day that transgender influencer Dylan Mulvaney pitched the Bud Light brand during an NCAA tournament. Citing S&P Global Market Intelligence, Investor’s Business Daily said in its report that Anheuser-Busch saw […]
Investors are closely watching the consumer price index report this Wednesday for signs that inflation is slowing down. But Lance Roberts, chief investment strategist for RIA advisors, says recent core CPI data shows that inflation is still sticky. The federal reserve has been hiking interest rates to fight inflation. While it says it’s going to […]
