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Plus: The Federal Reserve says U.S. industrial production declined in November for the third straight month. The Biden Administration will provide a record $15 billion low-interest loan commitment to California utility company PG&E. J.R. Whalen reports.
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Plus: A New York judge declines to toss out Donald Trump’s hush-money conviction. And, Alibaba shares drop as the tech giant expects a more than $1 billion loss on the sale of a department-store chain. Kate Bullivant hosts.
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Plus: The price of bitcoin hits an all-time high. Shares of Honeywell International climb to a new high mark after the industrial conglomerate said it was considering a potential separation of its aerospace business. J.R. Whalen reports.
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Plus: U.S. economic activity rose in November, marking the highest level of activity in nearly three years. Deposed Syrian leader Bashar al-Assad said he stayed in the country until the regime’s last defenses crumbled, before being evacuated to Russia. J.R. Whalen reports.
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Plus: WHP Global nears a deal to buy wedding-dress maker Vera Wang. And, China’s economy loses momentum, with retail sales growth slowing. Luke Vargas hosts.
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Plus: Nike and Coca-Cola shares decline amid rising concerns over softer spending by lower-income customers. The yield on the 10-year Treasury note, which often influences mortgage rates, rose by its highest mark since October 2023. J.R. Whalen reports.
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Plus: Former House Speaker Nancy Pelosi is hospitalized after falling during an overseas trip. McKinsey reaches a settlement with the U.S. Justice Department over its consulting work with opioid producers. J.R. Whalen reports.
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Plus: Jeff Bezos is the latest tech leader to attempt to repair ties with Donald Trump. And, Boeing attempts to speed up 787 Dreamliner production in South Carolina. Luke Vargas hosts.
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Plus: Adobe shares fall after the software developer issued a weak financial outlook for its new fiscal year. Bitcoin miner Riot Platforms shares rise following a WSJ report that activist investor Starboard Value has built a significant position in the company. J.R. Whalen reports.
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Plus: Warners Bros. Discovery said it plans to restructure into two operating divisions. The European Central Bank lowered interest rates by a quarter point, the third cut in as many meetings. J.R. Whalen reports.
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