Business

Dow Jones Tumbles 1,100 Points, Recording 1st 10-Day Losing Streak Since 1974

Dow Jones Industrial Average extended its losing streak to 10 days, the first skid since 1974, as Fed interest rate outlook for 2025 disappointed investors.
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Michelob Ultra Surpasses Bud Light as Top Draft Beer, Data Shows

According to statement from Anheuser-Busch InBev, Bud Light has been surpassed by Michelob Ultra, also owned by the company, as top draft beer in the U.S..
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Realtor Association Reveals Top 10 Hottest US Housing Markets for 2025

NAR listed housing markets in the U.S. expected to perform well next year, noting that financing conditions in these regions are “favorable” for buyers.
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5 Takeaways From the Stock Market Over the Last 4 Years

Since touching the bottom of the pandemic-fueled market crash in March 2020, the Dow Jones and the Nasdaq have surged about 136 and 192 percent, respectively.
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US Labor Market Rebounds in November as Economy Adds 227,000 New Jobs

The U.S. labor market rebounded in November following the previous month’s abysmal jobs report, which was fueled by labor strife and natural disasters.
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Target Loses Bid to Toss Shareholder Lawsuit Over Pride Backlash

Target shareholders have survived a motion to dismiss in a lawsuit brought over Target’s promotion of pro-LGBT gear.
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What’s Next for Intel After CEO’s Exit and Multibillion-Dollar Losses

Intel Corp. CEO Pat Gelsinger, who spent 40-year career with CA-based semiconductor manufacturer, retired on Dec. 1 amid multibillion dollar losses.
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US Steel Takeover by Japanese Company Will Be Blocked, Says Trump

President-elect Donald Trump said on Dec. 3 that he would prevent the acquisition of U.S. Steel Corp. by Japan’s Nippon Steel Corporation.