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A sports car reported stolen slammed into a utility pole in Miami, knocking out electricity to nearby homes and businesses and scattering debris across the roadway, according to local authorities. Surveillance video released by investigators captures the moment the Ferrari loses control, strikes the pole and sends sparks showering onto the street. The collision occurred […]
Oracle Corp. shares declined roughly 5% on Wednesday after a Financial Times report indicated that talks with Blue Owl Capital to finance a planned $10 billion data-center project in Saline Township, Michigan, had stalled. The story said Blue Owl grew wary of Oracle’s mounting debt and aggressive spending on artificial-intelligence infrastructure, prompting the private-equity firm to […]
Yields on U.S. Treasury securities have edged lower during the second half of the year amid mounting concern about a slowdown in employment growth. The shift has been mirrored in the corporate debt market, where yields have also fallen, leaving the differential between government and corporate borrowing costs unusually tight by historical standards. Data covering […]
Newly released government statistics, delayed by a 43-day shutdown, offer a mixed view of the U.S. economy heading into the final weeks of 2025. The reports, issued Tuesday, indicate slower job creation, a higher unemployment rate and flat retail sales at the start of the holiday season, while also highlighting pockets of continued strength in […]
A new online video titled “H-Town Frankie” is drawing attention for pairing a vivid holiday light display with an energetic musical soundtrack. The footage, released this season and circulating on social media platforms, presents rapidly shifting colors and patterns that appear to be timed precisely to the beat of the accompanying music. Viewers watching the […]
Bridgewater Associates founder Ray Dalio and his wife, Barbara Dalio, have joined a growing roster of philanthropists funding “Trump accounts,” a recently established, tax-advantaged savings vehicle intended to help children build long-term wealth. U.S. Treasury Secretary Scott Bessent announced the couple’s commitment on Wednesday during a press conference in New York. The Dalios’ grant will […]
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LOS ANGELES — Newly obtained surveillance and police videos chronicle the final movements of Nick Reiner before his arrest on Sunday, December 14, in connection with the deaths of his parents, film director Rob Reiner and producer Michele Singer. The 32-year-old was formally charged on Tuesday, December 16, with two counts of first-degree murder, according […]
Equity benchmarks across the Asia-Pacific region closed with varied performances on Wednesday, with investors weighing stronger-than-expected Japanese trade figures against uneven moves in commodities and Wall Street’s overnight results. Official data from Japan’s Ministry of Finance showed exports rising 6.1% year on year in November, surpassing the 4.8% growth forecast in a Reuters survey and […]
JPMorgan Chase & Co. is expanding its use of blockchain technology by launching its inaugural tokenized money-market fund, a move that places the largest U.S. bank among a growing group of traditional financial institutions experimenting with digital assets. The firm’s asset-management division, which oversees approximately $4 trillion, will provide an initial $100 million of its own capital […]
Shanghai, China — Shares of graphics processor developer MetaX Integrated Circuits surged almost 700 percent in their first day of trading on Wednesday, underscoring strong investor appetite for Chinese semiconductor makers positioned to serve the country’s expanding artificial-intelligence market. The stock opened on the Shanghai Stock Exchange at more than 835 yuan, well above the […]
A weak credit profile does not automatically rule out a home equity loan, but borrowers must approach the process strategically. Lenders rely on several criteria beyond credit scores, and applicants who address those factors can improve their chances of approval while limiting borrowing costs. The following five actions summarize the steps most often recommended by […]