December 2024 | Page 4 of 11 | Stock Market News

Volkswagen and Labor Unions Near Historic Pay and Jobs Deal

Volkswagen (VW) is edging closer to an agreement with labor representatives after months of tense negotiations over wages, jobs, and plant operations. These discussions, which began in September, mark the company’s longest-ever

4 weeks ago

Business

Starbucks Workers Strike Nationwide Over Union Contracts

Baristas at Starbucks stores in Burbank swapped their aprons for picket signs on Friday as part of a growing nationwide strike demanding collective bargaining agreements. The walkout is spearheaded by Starbucks Workers

4 weeks ago

Business

US Stocks Rebound as November Inflation Data Offers Hope

US stocks bounced back strongly on Friday, recovering from a tumultuous week as investors responded to inflation data that showed price increases slowing in November. The report brought some optimism to markets

4 weeks ago

Markets

Inflation Slows in November but Remains Above Fed’s 2% Target

Prices in November saw little movement, according to the Commerce Department’s personal consumption expenditures (PCE) price index, but inflation remains above the Federal Reserve’s 2% annual target. The report, released Friday, offers

4 weeks ago

Economy

CFPB Sues Zelle and Major U.S. Banks Over Fraud Allegations

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against Zelle, the leading peer-to-peer payments network, and three of its major bank partners—JPMorgan Chase, Bank of America, and Wells Fargo—alleging failures

4 weeks ago

Business

U.S. Economy Grows 3.1% in Q3, Ending 2024 on a Strong Note

The U.S. economy expanded at a robust annual rate of 3.1% in the third quarter of 2024, driven by resilient consumer spending and a surge in exports, according to an upgraded estimate

4 weeks ago

Economy

U.S. Existing-Home Sales Surpass 4 Million in November Amid High Rates

Existing-home sales in the U.S. hit an annualized rate of 4.15 million in November, marking the first time in six months that sales surpassed the 4-million mark. The 4.8% monthly increase, reported

4 weeks ago

Economy

Rising Treasury Yields Challenge U.S. Stock Rally Amid Fed’s Hawkish Shift

The U.S. stock market rally hit a major roadblock on Wednesday as the Federal Reserve signaled fewer rate cuts for 2025 than previously expected, raising Treasury yields and stoking concerns about elevated

4 weeks ago

Investing

Amazon Faces Historic Strike as Workers Demand Union Negotiations

Thousands of Amazon workers across seven U.S. facilities staged a strike early Thursday during the peak holiday shopping season, demanding that the retail giant enter contract negotiations with their union. The action,

4 weeks ago

Business

Trump and Musk Block Spending Bill, Plunging Washington into Chaos

President-elect Donald Trump and billionaire Elon Musk joined forces on Wednesday to block a $100 billion stopgap spending bill crafted by Republican House Speaker Mike Johnson. The bill aimed to keep the

4 weeks ago

Politics

December 2024 - Page 4

Volkswagen and Labor Unions Near Historic Pay and Jobs Deal

Starbucks Workers Strike Nationwide Over Union Contracts

US Stocks Rebound as November Inflation Data Offers Hope

Inflation Slows in November but Remains Above Fed’s 2% Target

CFPB Sues Zelle and Major U.S. Banks Over Fraud Allegations

U.S. Economy Grows 3.1% in Q3, Ending 2024 on a Strong Note

U.S. Existing-Home Sales Surpass 4 Million in November Amid High Rates

Rising Treasury Yields Challenge U.S. Stock Rally Amid Fed’s Hawkish Shift

Amazon Faces Historic Strike as Workers Demand Union Negotiations

Trump and Musk Block Spending Bill, Plunging Washington into Chaos

Latest Posts

UK Retail Sales Fall in December, Raising Recession Fears

Wall Street Rallies as S&P 500 and Dow Head for Best Week Since November

Goldman Sachs Boosts CEO David Solomon’s Pay to $39M, Adds $80M Retention Bonus

China’s Economy Grew 5% in 2024, But Growth Remains Uneven