A building at Nippon Steel’s East Nippon Works Kashima Area facility in Kashima, Ibaraki prefecture, north of Tokyo on Dec. 6, 2024. Richard A. Brooks | Afp | Getty ImagesU.S. President Joe Biden has decided to block Nippon Steel’s $14.9 billion takeover bid of U.S. Steel, The Washington Post reported on Friday, citing two unnamed administrative officials who did not have permission to speak about the matter.The White House is expected to announce Biden’s decision as soon as Friday, according to The Washington Post.The decision on whether to let the deal proceed was referred to Biden on Dec. 23 after the…
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Kennie Bukky, co-founder of The Pivot PlaceCourtesy of Kennie BukkyOne millennial managed to save enough money to buy her own property by the age of 25, despite the gloomy economic landscape facing young people.Kennie Bukky, a U.K. based professional who’s under 30, is a compliance officer who has worked at firms including KPMG and Visa.By 25, she had managed to save £50,000 (around $63,000) and got a mortgage on her first home. Her savings and mortgage have been verified by CNBC Make It.Bukky explained that she didn’t have financial help from her parents and instead had to be extremely financially…
Residential 19th century style residential buildings in historic center of Paris, France.Kolderal | Moment | Getty ImagesEurope’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted.A gradual uptick in transactions in 2024 looks set to gain pace in the coming 12 months, with further interest rate reductions seen easing pressure on the sector and reviving lackluster growth from recent years.Real estate investment activity is now forecast to increase 15% next year across the U.K. and other major European markets, according to real estate firm…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Rough ride: Stocks were off to a rocky start in the new year after giving back strong gains earlier in Thursday’s session. If the S & P 500 ‘s losses hold at the close, it would mark the fifth straight session of declines. Continued pressure from Treasury yields, with the 10-year almost touching 4.6% at one point Thursday might be the culprit behind the decline. The stock market ended 2024 with…
The first 12-team College Football Playoff is now down to a stage more familiar to the sport’s postseason.Following three days of quarterfinal games, the expanded bracket has reached the semifinals, with a final four filled with blue-blood programs still playing for a shot at the national championship on Jan. 20 in Atlanta.Here’s an early look at the next round’s matchups, which will be played Jan. 9 and 10 at the Orange and Cotton bowls.Where: Cotton Bowl (Arlington, Texas)When: Jan. 10, 7:30 p.m. ET on ESPNHistory lessonThese are two of the most prestigious programs in college football history, both in the…
A Tesla Bot on display as people look at a Tesla Cybertruck in a showroom in New York City on Jan. 2, 2025.Adam Gray | ReutersU.S. electric vehicle maker Tesla said on Friday its sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.Tesla’s sales in the world’s largest auto market also increased 12.8% in December from a month earlier to a record high of 83,000 units, according to Tesla China.In 2024, Tesla delivered 36.7% of its cars to customers in China, its second-largest…
U.S. President Joe Biden shakes hands with U.S. President-elect Donald Trump in the Oval Office of the White House on November 13, 2024 in Washington, DC. Alex Wong | Getty ImagesThe country’s roughly 40 million federal student loan borrowers should brace for changes related to their debt when President Joe Biden exits office toward the end of the month.President-elect Donald Trump takes a more critical view of student loan forgiveness policies, for example. And the Biden administration’s latest repayment plan for borrowers, the Saving on a Valuable Education plan, or SAVE, may not survive.”For those worried about SAVE going away, I…
NEW ORLEANS — Thirty-six hours after a deadly attack rocked the heart of one of America’s most vibrant cities, New Orleans went back to doing what it does as well as anywhere: Hosting a major event.It happened 19 and a half hours later than planned, in front of a smaller-than-expected Caesars Superdome crowd and in an environment that felt neither normal nor abnormal. But it happened. And it delivered a performance Notre Dame fans have waited three decades to watch.Notre Dame used a swarming defense and 54-second scoring surge to top second-seeded Georgia 23-10 in Thursday’s Sugar Bowl, the last…
A screens shows footage of South Korean President Yoon Suk Yeol delivering an address to the nation at Seoul station on Dec. 7, 2024 in Seoul, South Korea.Chung Sung-jun | Getty Images News | Getty ImagesAuthorities sought on Friday to execute an arrest warrant for impeached South Korean President Yoon Suk Yeol, as a crowd of protesters faced off with police outside his residence and vowed to block any attempt.Yoon is under criminal investigation for insurrection over his short-lived martial law attempt on Dec. 3. An arrest would be unprecedented for an incumbent South Korean president.Officials from the Corruption Investigation…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Chris Kuiper, director of research at Fidelity Digital Assets, shares his 2025 outlook for bitcoin, ether, and stablecoins.10:05Thu, Jan 2 20253:00 PM EST Source link
