All three major averages posted weekly losses despite seeing a rebound in Friday’s session.
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December 21, 2024December 21, 2024Worldwide
Novo Nordisk shares plunge 20% after disappointing trial results; Lilly jumps
Shares of Danish pharmaceutical giant Novo Nordisk plummeted more than 24% at one point Friday after reporting trial results that missed expectations.
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December 21, 2024December 21, 2024Worldwide
Vehicle plows into crowded Christmas market in Germany, killing 2 and injuring dozens
A short video of the incident posted on X and geolocated to the city of Magdeburg in eastern Germany showed a vehicle speeding through a large group of shoppers.
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December 21, 2024December 21, 2024Worldwide
Government shutdown: House passes stopgap funding bill, sends it to Senate for vote
The House passed a bipartisan funding bill just hours before the midnight deadline. The Senate will take it up next.
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December 21, 2024December 21, 2024Worldwide
A Santa Claus rally could come just in time next week to help stocks end the year on a high note
Investors will measure the response to this week’s selloff, which came at a time when markets are entering a strong seasonal period.
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‘Tariffs all the way’: Trump says European Union must buy U.S. oil and gas in trade ultimatum
Donald Trump made threats of sweeping tariffs on U.S. trading partners a key part of his presidential campaign.
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December 21, 2024December 21, 2024Country, United States, Worldwide
Editor’s Picks: Top 3 Book Reviews of 2024 and a Sneak Peek at 2025
What books reviewed in 2024 stand out for their applicability to practical issues confronting investment decision-makers?
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China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China’s one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.
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An inflation gauge tracked by the Bank of Japan just jumped to a seven-month high
The “core-core” inflation rate, which strips out prices of both fresh food and energy and is tracked by the BOJ, rose to 2.4% from 2.3%, a seven-month high
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CNBC’s Inside India newsletter: Delhi’s suffocating smog conundrum
Delhi’s smog conundrum is a yearly problem. CNBC’s Inside India looks at the implications of this – and what can be done to circumvent this problem.