November 25, 2024
Business - 11/25
đŸ’ŧ Scott Bessent Nominated as Treasury Secretary, đŸŽŦ Gladiator II, Wicked Dominate Box Office...
đŸ’ŧ Scott Bessent Nominated as Treasury Secretary President-elect Trump has nominated Scott Bessent, a hedge fund manager, as secretary of the Treasury. đŸŽŦ Gladiator II, Wicked Dominate Box Office Gladiator II and Wicked movies had strong pre-Thanksgiving box office performances in a post-pandemic return. 📱 TikTok CEO Collaborates With Elon Musk TikTok's CEO is engaging with Elon Musk to navigate potential regulatory challenges with the incoming administration. 📈 US Stocks Rise Amid Dollar Surge The major US stock indexes rose last week as the dollar reached a two-year high, with bitcoin nearing $100K. đŸšĢ DOJ Proposes Google Chrome Sale The DOJ proposed forcing Google to sell its Chrome browser, citing an illegal search-engine monopoly. ✈ī¸ Delta Expands Premium Seating Options Delta Airlines announced plans to expand its premium seating, recognizing its increased importance to their revenue. 💸 Fed's PCE Index Focus of Trading The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, is a key focus for the holiday-shortened trading week. â‚ŋ Bitcoin Nears $100K, Surges 50% Bitcoin's price has surged nearly 50%, recently nearing $100,000 following changes in regulatory outlook. 📊 Wall Street Bullish on S&P 2025 Gains Wall Street research suggests a bullish outlook for the S&P 500, projecting gains of around 15% in 2025. đŸ’Ē US Labor, Low Rates Support Economy The US labor market and low interest rates are expected to support economic resilience through 2025.
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