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A trader works on the floor of the New York Stock Exchange (NYSE) on December 10, 2025 in New York City, USA, as Federal Reserve Chairman Jerome Powell’s press conference after the Fed’s interest rate announcement is broadcast on a screen.Brendan McDiarmid | Reutersof Dow Jones Industrial Average Stocks soared on Wednesday after the U.S. Federal Reserve decided to cut interest rates again this year, with traders betting more easing is on the way next year.The 30-issue average rose 497.46 points (1.1%) to close at 48,057.75. of S&P500 It rose 0.7% to close at 6,886.68, briefly trading above its all-time…
Google is testing AI-powered article summaries on participating publishers’ Google News pages as part of a new pilot program, the search giant announced Wednesday. News publishers participating in the pilot program include Der Spiegel, El País, Folha, Infobae, Kompas, The Guardian, The Times of India, The Washington Examiner, and The Washington Post. The purpose of the new commercial partnership program is to “explore how AI can further drive audience engagement,” Google said in a blog post. As part of its new AI pilot program, the company will work with publishers to experiment with new features in Google News. By adding…
Cisco CEO Chuck Robbins speaks to Bloomberg at the World Economic Forum in Davos, Switzerland, on January 17, 2024.Stefan Vermes | Bloomberg | Getty ImagesFew companies were this hot in the early 2000s. Cisconetwork equipment served as the backbone of the Internet boom.On Wednesday, Cisco stock exceeded the dot-com market high for the first time. The stock rose nearly 1% to $80.25, surpassing its previous split-adjusted all-time high of $80.06 on March 27, 2000. That’s the same day the Cisco stock transfer took place. microsoft To become the world’s most valuable listed company. At the time, companies looking to go…
Ukraine on Wednesday crashed an oil tanker belonging to Russia’s so-called shadow fleet in the Black Sea, according to a Security Service of Ukraine (SBU) official. A Ukrainian security official told CNN that the SeaBaby maritime drone was used in joint operations by the SBU and the navy. This was the third attack on a Russian tanker in two weeks. Russia uses hundreds of tankers flying various flags to secretly transport oil to customers in defiance of Western sanctions. The Dashan tanker, flying the flag of the Comoros Islands, sustained “significant damage” and preliminary information suggested the vessel was “disabled”.…
Alana “Honey Boo Boo” ThompsonAnna’s younger sister, who appeared in Toddlers & Tiaras and Here Comes Honey Boo Boo and later appeared with her mother in Mama June: Hot Not to Hot, posted a photo on her Instagram. “This is one of those posts I wish I didn’t have to make. Last night, we all surrounded Anna with love and told her it was okay to go. Unfortunately, around 11pm, Anna passed away,” she wrote to Lamb. He added: “Anna was in so much pain last night and we all know as a family that she is now at peace.…
CNBC’s Jim Cramer told investors on Tuesday that it’s worth having faith in blue-chip stocks, even as negative press about the company gains momentum on Wall Street.”If you want to make a lot of money in individual stocks, you have to have faith,” he said. “Sometimes it doesn’t pay off. We all make mistakes, but if you don’t believe in your stock, you won’t stick with it no matter what.”He reviewed the salient concerns of the three major companies. NvidiaiPhone manufacturer apple and entertainment costumes warner bros discovery.Nvidia has grown rapidly in recent years as hyperscalers increasingly demand its advanced…
Spotify announced for the first time Wednesday that it will give users more control over the streaming service’s algorithms. At least that’s how the company plans to launch its new ‘Promoted Playlists’, a feature that will be available to premium subscribers in New Zealand first. Spotify says the feature, currently only available in English, is still in beta and will evolve before rolling out to other markets. The company says the new tool allows users to write what they want to hear into a personalized playlist that reflects the “complete arc” of their tastes. That means this playlist focuses on…
Australian children are facing unprecedented change. From December 10, owners of social media platforms such as Instagram and TikTok will be required to take “reasonable steps” to prevent internet users under 16 in the country from creating accounts on their websites, as well as disable or delete existing profiles. The restrictions, approved by the Australian Government in November 2024, were introduced as a measure to reduce young people’s reliance on the world wide web and limit their exposure to potentially dangerous content. In fact, a national survey released last month found that 7 out of 10 children between the ages…
Aerial view of vehicles traveling on a road through the central business district of Beijing, China. Video Visual China Group | Getty ImagesAsia-Pacific markets traded mixed on Wednesday as investors parsed China’s inflation data and awaited the US Federal Reserve’s interest rate decision. hong kong Hang Seng Index Mainland China’s CSI300 index last closed 0.14% lower at 4,591.83, as consumer prices in China rose 0.7% year-on-year to the highest level since February last year. This followed a 0.2% rise in October and was in line with expectations for a 0.7% rise in a Reuters poll of economists.Factory gate prices in…
Violence between Thailand and Cambodia continued on Wednesday, defying calls from the United States to halt fighting and abide by a months-old peace deal backed by President Trump, but is now on the verge of complete collapse. At least eight people have been killed since the latest skirmishes began, according to reports from both sides. By Tuesday, fighting had spread to more points along the disputed border, with some areas claiming rocket and drone attacks. As the situation escalates, approximately 400,000 people living along the borders that divide Southeast Asian countries have been evacuated. In a sit-down interview with CNN,…