Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over
Bitcoin rose above $85,000 on Monday as the cryptocurrency continued its sharp rally over the past few days.
City & Markets
Trump admin won't give AI leaders a 'liability shield,' Bessent tells CNBC
Artificial intelligence developers "need to take responsibility for themselves" instead of expecting the federal government to give them a "liability shield," Treasury Secretary Scott Bessent told CNB…
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore. “On each of these weekends away, she’s probably spending $500.” Read at source
Nissan eyes increasing U.S. production as new Rogue hybrid launches
Nissan Motor is looking to increase its U.S. production as it launches the 2027 Rogue crossover, including with a new hybrid model that the company views as a crucial offering for American consumers.
Earnings Mean Reversion: When Estimates Snap Back
Consensus earnings estimates now sit close to 50% above trend, and that gap is exactly where an earnings mean reversion tends to begin.
Novo shares slide as drugmaker lays out post-Wegovy growth strategy
Novo shares fell as much as 7% on Monday after the company laid out new growth ambitions to revive its fortunes in the booming obesity drug market.
Trump to be sued by MS NOW, CNN, Politico to reverse White House ban
MS NOW, CNN and Politico sued President Donald Trump on Monday morning, seeking to reverse his total ban on those three media outlets from the White House.
Cotton Bulls Head into the Weekend with Their Tails Tucked
Cotton futures were down 79 to 103 points across the front months on Friday, as December was down 491 points on the week. Crude oil was back down $2.38 per barrel on the session, with the US dollar in…
Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers
The shutdown of Saudi Arabia's East-West pipeline stands to squeeze already-scarce crude supply for Asia's four biggest crude importers, with South Korea appearing the most directly exposed.
My husband and I are in our 50s and have no kids. We have $2 million. Do we need a will?
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U.S.-listed Greenland stocks surge after Trump agrees security deal with Denmark
Shares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal regarding security arrangements on the Arctic territory.
Kylie Jenner sells California mansion for $5 million below asking
In 2018, it was out with the old and in with the new for stars like Kylie Jenner, Tyra Banks, and Selena Gomez. Many sold their lavish properties for many millions, and most pocketed at least a millio…
Global stock markets bounce higher; government bond yields tumble as oil slides – business live
European stock markets have also bounced higher, while government borrowing costs retreated, as oil prices slid on reports that more supplies are passing through the Gulf than though.
All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott
War, AI disruption and markets in turmoil: the warnings are all there. But lessons from the 2008 crash could help us Continue reading...
Chinese biopharma stocks jump as U.S. weighs keeping door open to drug deals
Chinese biopharma stocks jumped in Hong Kong on Monday after a report that the U.S. is considering rules that would allow American pharmaceutical companies to continue licensing most drugs from Chines…
Iran vows 'painful' retaliation as Trump piles on pressure ahead of UN General Assembly meeting
President Donald Trump threatened to destroy Iran's economy or eliminate its leadership if Tehran doesn't strike a deal, raising the stakes as Iranian officials head to New York for this week's gather…
Treasury yields ease as global borrowing costs tumble
Treasury yields were lower early Monday, tracking a global easing of government borrowing costs amid falling oil prices.
Oil falls as crude flows remain 'surprisingly strong'
Oil fell Monday, as traders keep watch for a recovery in shipments from Saudi Arabia even after attacks by Iran-backed Houthis on Saudi Arabia with missiles and drones on Saturday.
Stocks Finish Mostly Higher as Crude Prices Fall
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-…
Neocloud Boom: Comparing Nebius, CoreWeave, & IREN
The current artificial intelligence buildout is the largest industrial buildout since the railroad boom in the 1800s. America’s leading big tech companies are spending hundreds of billions of dollars …
3 Bullish Setups for the Week Ahead
On Wall Street, the single, most reliable truth teller is the price and volume action in stocks. Though headlines can be misleading, economic indicators lag, and fundamentals aren’t always priced in r…
Cattle Posting Mixed Action at the End of the Week
Live cattle futures are mixed, with nearbys up a tick to a nickel lower. Cash trade was reported at $350-355 dressed in the North with a few $224 live bids in the South. The Thursday Fed Cattle exchan…
Trump to meet with NYC Mayor Zohran Mamdani on Monday ahead of UN General Assembly
President Donald Trump will meet with New York City Mayor Zohran Mamdani on Monday ahead of the upcoming U.N. General Assembly, the mayor's office confirmed to CNBC on Sunday.
Hogs Facing Weakness on Friday
Lean hog futures are down 50 cents to $1. USDA’s national base hog price was $81.77 in the Friday AM report. The CME Lean Hog Index was down another 79 cents on September 14 at $85.02.