Finance News Update - Page 50

Stay informed with the latest finance news and economic updates. Fresh insights on markets, money trends, and financial events that matter to you.

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Johnson & Johnson Finalizes $3.05 Billion Purchase of Halda Therapeutics, Expanding Oncology Pipeline

New Brunswick, N.J.—Johnson & Johnson has closed the $3.05 billion cash acquisition of Halda Therapeutics, bringing the biotechnology company’s Regulated Induced Proximity Targeting Chimera (RIPTAC) platform and a series of investigational cancer medicines into the healthcare group’s innovative medicine segment. The transaction, completed on 30 December 2025, follows a definitive agreement signed in November. By […]

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Fire at Denny Hamlin’s Parents’ Home Claims Father’s Life, Leaves Mother Hospitalized

A weekend house fire in Gaston County, North Carolina, resulted in the death of Dennis Hamlin, father of NASCAR Cup Series driver Denny Hamlin, and left the driver’s mother, Mary Lou Hamlin, with serious burn injuries, according to information released by county emergency officials. Gaston County firefighters were dispatched at 6:19 p.m. on Sunday to the […]

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How to Dispose of Christmas Trees Without Sending Them to a Landfill

An estimated 10 million natural Christmas trees are discarded in U.S. landfills each year, according to the Nature Conservancy. Once covered by soil, the trees decompose without oxygen, a process that can take years and release methane and carbon dioxide—gases linked to climate change—that may also leach into groundwater. Homeowners looking to avoid that outcome have […]

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Silver Futures Suffer Sharpest One-Day Slide Since 2021 After Overnight Record

Silver prices reversed course dramatically on Monday, posting their steepest single-day decline in almost four years only hours after reaching an all-time high. March silver futures sank 8.7% to settle at $70.46 per ounce on the Comex division of the New York Mercantile Exchange, erasing a portion of the precious metal’s extraordinary advance in 2025. […]

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Accenture Stock Outlook Upgraded to Intermediate-Term Bullish by Argus Research

Accenture plc, headquartered in Dublin, Ireland, remains one of the world’s largest providers of management consulting, technology services and outsourcing solutions. The company operates through two principal business segments—consulting and outsourcing—and structures its client offerings around five industry verticals: Communications, Media & Technology; Financial Services; Products; Health & Public Service; and Resources. On 29 December […]

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SoftBank to Acquire DigitalBridge for $4 Billion, Expanding AI Infrastructure Portfolio

SoftBank Group Corp. has entered into a definitive agreement to purchase DigitalBridge Group Inc., an investment firm focused on data-center assets, for approximately $4 billion in cash. The Japanese technology conglomerate announced on Monday that it will pay $16 per share for all outstanding common stock, representing a 15 percent premium to DigitalBridge’s closing price […]

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Dividend Income Remains a Key Driver of Equity Returns Amid Market Volatility

Dividend payments, frequently overshadowed by day-to-day price movements, continue to play a central role in the overall performance of U.S. equities. Market data from recent years illustrate how cash distributions can cushion losses in weak environments and enhance gains when share prices climb. In 2024, the S&P 500 delivered a total return of more than 24 percent, […]

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Silicon Valley Donors Turn on Rep. Ro Khanna Over Proposed California Billionaire Tax

WASHINGTON — Representative Ro Khanna, a four-term Democrat whose district covers the heart of Silicon Valley, is facing sharp pushback from longtime supporters in the technology sector after endorsing a proposed California wealth tax aimed at residents worth at least $1 billion. The tension arose after a labor-backed initiative, the 2026 Billionaire Tax Act, moved closer […]

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Wall Street Projects S&P 500 to Reach Between 7,000 and 8,100 by End-2026

The largest investment banks and research houses on Wall Street have outlined new year-end 2026 targets for the S&P 500, setting expectations that span a flat performance to a double-digit advance over current levels. Twenty major firms were surveyed, and their projections place the benchmark index between 7,000 and 8,100 on 31 December 2026. Key Forecast […]

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Airlines Cancel More Than 1,500 U.S. Flights as Northeast Braces for Heavy Snow

Airlines scrubbed more than 1,500 flights across the United States on Friday as a fast-moving winter storm targeted the Northeast during one of the peak travel periods of the year. The widespread disruptions came just as millions of passengers were beginning holiday journeys, forcing carriers to adjust schedules and activate flexible rebooking policies. The National […]

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Improving Yield Curve Bolsters Mid-Term Economic Outlook After Fed’s Third 2025 Rate Cut

The yield curve has resumed an upward slope, a development widely monitored by investors as a barometer of future growth. After months of inversion, shorter-term rates now sit below longer-term yields, signaling expectations of firmer economic activity over the next several quarters. The change coincides with the Federal Reserve’s latest policy decision. At its most […]

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Heavy Christmas-Week Rains Drench California Coast, Trigger Flood and Mudslide Concerns

Torrential rain swept across California’s coastline throughout Christmas week, soaking communities from the Bay Area to the Mexican border and prompting repeated warnings about flooding, mudslides and hazardous travel. The unsettled pattern coincided with a powerful winter storm that disrupted holiday plans nationwide, grounding thousands of flights and bringing snow and ice to the Northeast. […]