China Keeps Benchmark Lending Rates Steady As Fed Signals Fewer Cuts Ahead
China kept its benchmark lending rates unchanged on Friday, with the one-year loan prime rate held at 3.1% and the five-year LPR at 3.6%. read more
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Nike, Fedex, Blackberry, Rigetti, And Tesla: Why These 5 Stocks Are On Investors’ Radars Today
Major U.S. indices closed Thursday with mixed results. The Dow Jones Industrial Average edged up by 0.04% for the day. read more
Bitcoin, Ethereum, Dogecoin Retreat Further As Crypto Liquidations Top $1 Billion: Analyst Lays Out Scenario For BTC Losing $96K Support
The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve’s hawkish statements. read more
Tom Lee Explains Why ‘Fewer Cuts In 2025’ Could Boost The Market, Urges Investors To ‘Buy The Dip’ Amid Recent Volatility
U.S. stock markets could benefit from fewer interest rate cuts in 2025 despite recent volatility, according to Fundstrat’s head of research Tom Lee, who sees the Federal Reserve’s hawkish stance as potentially beneficial for investors. read more
Instagram Boss Shows How You Can Turn Yourself Into A Puppet — And That’s Just The Beginning
Meta plans to launch an AI-powered video editing feature in 2025, leveraging its Movie Gen AI to enable creators to transform videos with text prompts, as teased by Instagram boss Adam Mosseri. read more
Cathie Wood’s Thursday Moves: Dumps Buzzing Stocks Tesla And Palantir
On Thursday, Dec. 19, 2024 Cathie Wood-led Ark Invest sold shares of Tesla and Palantir, both of which have run up considerably for the month. read more
House Rejects Trump-Endorsed Backup Plan To Prevent Government Shutdown And Suspend Debt Limit: Lawmakers Chant ‘Hell No’
The House rejected Speaker Mike Johnson’s debt-limit suspension plan, increasing the risk of a government shutdown ahead of Friday’s deadline on Thursday, December 19, 2024. read more
Here’s What The Latest Congressional AI Report Could Mean For Big Tech
The House Artificial Intelligence Task Force released a report on Tuesday with recommendations on how Congress can boost the development of AI while also protecting against potential risks of the technology. read more
EV Lease Nearly Free With $0 Down, $0 Month Offer In This State
Select electric vehicle customers in one state can lease a new Fiat 500e for nearly $0 thanks to tax incentives. read more
Cansortium Completes RIV Capital Acquisition, Adding New York Retail, Wholesale, Cannabis Cultivation Operations
FLUENT and RIV Capital complete a merger, creating a well-positioned cannabis operator with a strong balance sheet and strategic footprint. read more