How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
Edward E. Crutchfield, a banker who grew a small North Carolina bank into one of the nation’s largest through a deal-making spree that earned him the nickname “Fast Eddie” and helped establish Charlotte as a national financial hub, died on Jan. 2 at his home in Vero Beach, Fla. He was 82. His death was…
Elon Musk admitted to being “naive” about the recent rise in antisemitism after visiting the Auschwitz-Birkenau concentration camp in Poland on Monday — an experience the tech mogul described as “incredibly moving.” “It hits you much more in the heart when you see it in person,” Musk, the world’s richest person, said after touring the…
NEW YORK — U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as “free” unless they are free for all customers, or if eligibility is clearly disclosed. In an opinion and final order issued Monday, the Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could…
JPMorgan’s board awarded chief executive Jamie Dimon a 4.3% raise in 2023, lifting his annual pay to $36 million after the bank posted record profits for the fiscal year. The board granted Dimon a $1.5 million salary and $34.5 million of performance-based incentive compensation, according to a regulatory filing Thursday reviewed by Bloomberg. The 67-year-old’s compensation marks…
ULAANBAATAR, Mongolia — A truck carrying 60 tons of liquefied natural gas and a car collided at an intersection in the Mongolian capital early Wednesday, causing a massive fireball and a series of explosions that killed three firefighters and injured 11 people, officials said. Images showed the huge blaze at the scene of the crash…
Mr. Jefferies said the railroads had taken several steps after the East Palestine accident to improve safety. Previously, the industry required that railroads stop and remove a rail car if a wheel bearing’s temperature hit 200 degrees Fahrenheit. In July, the association required that action at 170 degrees. (The wheel bearing on the East Palestine…