Jeeno Thitikul of Thailand wins the CME Group Tour Championship and its record-setting $4 million prize
NAPLES, Fla. (AP) — Jeeno Thitikul of Thailand wins the CME Group Tour Championship and its record-setting $4 million prize.
Latest stories
ReutersBYD on track to top 2024 sales goal and outsell Ford, Honda
China's top electric vehicle maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda. Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024.
- The Telegraph
China plots spending spree to battle economic slowdown
China is planning a spending spree aimed at boosting its ailing economy after a meeting of its ruling body signalled it would adopt a more “relaxed” approach to interest rates.
- INSIDER
Ultrawealthy investors are vying to buy TikTok — here's what some would do if they took over the mega-app
Several ultrawealthy investors like Kevin O'Leary and Frank McCourt have expressed interest in buying TikTok — here's what they'd do with it.
- The Telegraph
Rare whisky prices tumble as bubble bursts
Whisky aficionados will find it easier to justify splashing out on a bottle of rare Scotch this Christmas after prices for the finest single malts almost halved.
- Yahoo Finance Video
AMD stock slips after BofA downgrade to Neutral. Here's why.
Advanced Micro Devices (AMD) slips by nearly 6% on Monday after Bank of America analysts downgraded their rating on the stock from Buy to Neutral, also cutting the price target to $155 per share. Market Domination's Julie Hyman and Josh Lipton check out the analyst commentary on the chipmaker as it faces stiffer competition from Nvidia (NVDA). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.
- CoinDesk
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.
- Zacks
Western Digital (WDC) Stock Moves -0.46%: What You Should Know
Western Digital (WDC) concluded the recent trading session at $70.74, signifying a -0.46% move from its prior day's close.
- Yahoo Finance UK
FTSE up and US stocks tepid as markets look to inflation data
Consumer Price Index data on Wednesday will stress-test widespread expectation for a quarter-point rate cut on 18December.
- The Hill
Opinion - An unseen financial threat looms before Trump and his Treasury
We need to build a smarter regulatory mousetrap that relates to the economy that exists to prevent the next financial crisis.
- Bloomberg
Boutique bank Raine to shut HK base, offers staff Singapore move
Raine Group plans to close its Hong Kong office and is offering the staff to relocate to Singapore as the New York-based boutique adviser seeks to consolidate its operations in Asia, according to people with knowledge of the matter.
- Yahoo Finance
Wall Street's 2025 outlook for stocks
It’s extremely difficult to predict short-term moves in the market with any accuracy. But the research, analysis, and commentary behind these forecasts can be very informative.
- Yahoo Life
The spotlight is on health insurance companies. Patients are telling their stories of denied claims, bankruptcy and delayed care.
People are speaking out about the issues they have faced with private health insurance in America, from thousands of dollars in bills to denial of coverage.
- Zacks
Bigbear.ai Surges 97% Year to Date: Should You Buy the Stock?
BBAI stock benefits from a growing product portfolio and major partnerships despite the macroeconomic challenges and losses from Virgin Orbit.
- AFP News
ECB to cut rates again amid bleak eurozone outlook
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture. Even before the latest turbulence, the eurozone's biggest economy was struggling with a manufacturing slowdown, and its anaemic growth rates are weighing down the broader single currency area.
- The Independent
When a medical insurance CEO was shot dead, people celebrated his death. What does this tell us about American healthcare?
The reaction to Brian Thompson’s murder reveals a deep anger among many Americans about the unfairness of the US health insurance industry, Richard Hall writes
- Yahoo Finance
Why Apple has little to do with these 2 rocking telecom stocks
Go figure, two of America's largest telecom stocks have been rocking.
- Reuters
Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing's promise of stimulus and the sudden collapse of the Syrian government boosted oil and gold prices more than 1%. U.S. inflation data this week could cement a December interest rate cut by the Federal Reserve at its meeting next week. China's decision on Monday to alter the wording of its stance toward monetary policy for the first time since 2010 helped global sentiment.
- Reuters
Wall Street closes down as tech stocks fall
(Reuters) -Wall Street's main indexes closed lower on Monday, driven by a drop in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell 2.5% after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging the information technology sector down 0.45%. Advanced Micro Devices slipped 5.7% after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index, which slipped 0.87%.
- Yahoo Finance UK
Pound, gold and oil prices in focus: commodity and currency check, 9 December
Oil climbs as Assad's fall brings more uncertainty to Middle East.
- Malay Mail
Singaporean tourist dies after body massage at Patong Beach, second death linked to massage in Thailand this weekend
PHUKET, Dec 9 — A Singaporean tourist has died shortly after a body massage session at Patong Beach, according to local...