(Reuters) – Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Dec. 18, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstS[...]
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NEWSLETTER
Dow Rallies to Year’s Highest Close, Caps Blockbuster Month
By Stephen Culp NEW YORK (Reuters) -The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling[...]
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US will be forced to curtail crypto if industry fails to act on illicit finance threats- official
By Hannah Lang (Reuters) – The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary[...]
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Treasury yields fall on data, rate cut expectations; dollar gains
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -Treasury yields fell on Wednesday while the dollar gained and MSCI’s global stock index barely rose as U.S. Federal Reserve officials pr[...]
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Lotus Tech Secures $870 Million Ahead of Deal Completion With L Catterton Spac
SINGAPORE (Reuters) – Lotus Technology, the luxury electric vehicle arm of sports car brand Lotus, said on Tuesday it has secured $870 million in financing ahead of the completion of its merger[...]
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A Lot Quieter’ Black Friday Brings Out Discount Hunters
By Siddharth Cavale, Katherine Masters and Arriana McLymore NEW YORK/RALEIGH, N.C. (Reuters) -Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years[...]
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Elon May Lose Up to $75 Million by Year-End on Advertiser Exodus
(Reuters) – Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the[...]
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Us Retail ETFS Deliver Solid Black Friday Gains
By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market index[...]
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Dollar Slips on Bets Us Rates Have Peaked
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector employment declined in lin[...]
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