Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City.Michael M. Santiago | Getty ImagesU.S. stock futures were flat on Thursday night as traders looked ahead to the widely anticipated release of September’s jobs report on Friday morning.Futures tied to the Dow Jones Industrial Average lost 26 points, or less than 0.1%. S&P 500 futures and Nasdaq 100 futures were little changed.The closely watched port strike also ended Thursday night as the International Longshoremen’s Association and the United States Maritime Alliance reached a tentative agreement on wages. The…
Author: usaeverydaylife
The oil tanker ‘Devon’ prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018.Ali Mohammadi | Bloomberg | Getty ImagesOil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs.U.S. crude futures rose around 5% on Thursday and ticked higher again Friday morning on concerns that Israel could strike Iran’s oil industry in retaliation for Tehran’s missile attack this week.It is estimated that “if you were to see a sustained 1 million barrels per day drop in Iranian…
The days of spotty — or worse, no — Wi-Fi on airplanes are numbered, said Air New Zealand CEO Greg Foran.Reliable and fast Wi-Fi will become “ubiquitous” on full-service carriers, he told “Squawk Box Asia” Friday.But not just any Wi-Fi will do. As airlines race to entice passengers with fast — and ideally free — internet in the skies, SpaceX’s Starlink services are emerging as the latest “it” product to have on board.Air New Zealand announced in December 2023 that Starlink services would be installed on two domestic aircraft in late 2024. The service, which provides high-speed internet via some 6,000…
Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill on May 07, 2024 in Washington, DC. Kevin Dietsch | Getty Images News | Getty ImagesNext year, more than 30 million Americans in 24 states will be eligible for Direct File, the IRS’ free tax filing program, the agency and U.S. Department of the Treasury announced on Thursday.The Direct File pilot was open to limited taxpayers in 12 states for the 2024 filing season, including Arizona, California, Florida, Massachusetts, Nevada, New Hampshire, New York, South Dakota, Tennessee, Texas, Washington and Wyoming.For the 2025 season, the program…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHours after a meeting with SpaceX and Starlink, Air New Zealand CEO Greg Foran told “Squawk Box Asia” that the company is making “terrific progress” on introducing Starlink Wi-Fi services to its fleet, which is set to begin in 2025. Source link
Portfolio manager Sean Peche is betting on one global biotech stock — and it’s not Danish drug manufacturer Novo Nordisk . Instead, Peche, who is also the founder of the U.K.-based Ranmore Fund Management, likes the Hong Kong-listed United Laboratories , which produces drugs ranging from insulin to animal medication. The company is also in the process of producing a weight management drug, an area that has seen immense competition following the hype around glucagon-like peptide-1 (GLP-1) drugs. “The last time I checked there were 170 competing weight loss products in development … there’s not a company out there that’s…
Hedge fund manager Dan Niles is particularly bullish on one tech stock going in to 2025. That stock is Meta Platforms — the tech giant behind social media platforms Facebook and Instagram as well as instant messaging app WhatsApp. Niles, who runs an actively managed fund of 20 to 40 large-cap U.S. stocks at Niles Investment Management , highlighted that the company has been using artificial intelligence effectively in their internal platforms. For instance, the company is able to preempt the kind of videos and advertisements a user would like to see, through AI algorithms, he explained. “That’s generating much…
2025 Ford Expedition Platinum UltimateFordDETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition.The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, and the addition of the automaker’s BlueCruise hands-free highway driving system.”We spent more than 1,100 hours talking with customers about their everyday lives. And with those insights we’ve rethought and redesigned Expedition to help customers make the most of their precious time with family and to make life…
In difficult times during the regular season, New York Yankees manager Aaron Boone often remarked that the team’s path to the playoffs remained wide open, saying, “it’s right in front of us.”The same can now be said of the American League title.After 14 years of wandering through the October desert, the Yankees have stumbled onto an oasis. Or maybe the upsets of the Baltimore Orioles and especially the Houston Astros in the Wild Card Series are more like a baseball parting of the Red Sea.The Yankees suddenly loom as favorites to capture their first AL title since 2009, the year…
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province.Jade Gao | Afp | Getty ImagesShein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering, three sources with knowledge of the matter said, pushing ahead with preparations as it awaits U.K. regulatory approval.The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors’ questions and tests their investment appetite.The sources declined to be identified as they were not authorized to…
