Author: Anthony M. Orbison

By Gram Slattery (Reuters) – President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. Trump’s comments before a crowd of conservative supporters in Phoenix, Arizona, were one of the strongest signals yet that he opposes a potential exit of TikTok from the U.S. market. The U.S. Senate passed a law in April requiring TikTok’s Chinese parent company, ByteDance, to divest the app, citing national security concerns. TikTok’s owners have…

Este artículo también está disponible en español. Bitcoin has been on a correction path since it reached a new all-time high of $108,135 on December 17. Notably, this correction has seen the leading cryptocurrency decline by about 10% up until the time of writing and even breaking below $93,000 very quickly. Related Reading This notable decline has seen Bitcoin retesting the Bollinger Bands, and technical analysis suggests a bounce from here to reach a price target around $178,000. Bitcoin Retests Monthly Upper Bollinger Band Bitcoin’s recent price correction has caught the eye of crypto analyst Tony Severino, who highlighted a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nick Candy, the new treasurer of Nigel Farage’s rightwing Reform party, has promised Britain “political disruption like we have never seen before” as he claimed to have several other billionaire backers in addition to Elon Musk. The property developer told the Financial Times that he would “raise more money than any other political party” and that Reform would have more members than the Conservative party within three months as it drew disillusioned Tory and Labour voters. “We have a number of billionaires…

Royal Caribbean, Norwegian Cruise Line, Carnival, and MSC Cruises all regularly call on Roatan, Honduras, despite the US State Dept. issuing a Level 3: Reconsider Travel advisory for the country. In fact, multiple cruise ships visit Roatan most days, and the cruise lines have not made any effort to curtail excursions that leave the walled-off port area. Passengers can leave that closed-off section on foot or take local transportation despite the travel advisory, which make the dangers in Honduras very clear.Related: US shares travel advisory on 2 more Caribbean cruise ports”Violent crime, such as homicide, armed robbery, and kidnapping, remains…

In the cryptocurrency space, XRP is gaining much attention, and many people are making predictions regarding its prospects for 2025. Bitstamp, a cryptocurrency exchange, excites investors with its promising future. The XRP Army, a dedicated group of aficionados, is feeling hopeful after Bitstamp declared that the altcoin will “make history” next year. A Year Of Development And Transformation For XRP, 2024 has been a great year. The digital asset has gained more than 250% since the March 2020 low of $0.1151 up to a current high of $2.30. The impressive gain comes after significant events that have made the climate…

A photo showing $100 bills being counted out.Kham/Reuters A secretary bought three shares of her company’s stock for $60 each in 1935. Grace Groner reinvested her dividends for 75 years, and her stake ballooned to $7.2 million. Her employer, Abbott, shared Groner’s story in a recent website post. A secretary paid $180 in 1935 for three shares of her employer’s stock. By the time she died in 2010, her investment had mushroomed to $7.2 million. Abbott, a pharmaceutical company, gave a shout-out to the former employee in a recent post on its website. “As we celebrate 101 years of dividend…

(Reuters) – Unifor said on Sunday that its members at Canadian National Railway (TSX:) have ratified a new four-year collective agreement, averting a potential strike action. Unifor, which represents more than 3,000 members at the railroad’s Council 4000 and Local 100 committees, said the agreement includes improvements to wages and benefits as well as job protections for members working in CN terminals and headquarters across Canada. The railroad earlier this month had reached a new tentative four-year collective agreement with the union. “This agreement secures important gains that reflect the critical contributions of Unifor members to CN’s operations,” Unifor National…

The asset risks losing its current support level within the bullish pattern it is trading in, potentially leading to a deeper correction. Metrics reveal active participation from both long and short traders, but with a clear direction. dogwifhat [WIF] has been predominantly bearish, with a monthly market performance of -43.11%. However, there are signs that the downtrend may pause in the coming trading sessions. Before any rally materializes, WIF is likely to experience an additional price drop from its current level. The recent 14.69% decline over the past 24 hours may extend further. WIF remains bullish but risks a short-term…

Stay informed with free updatesSimply sign up to the Russian politics myFT Digest — delivered directly to your inbox.Slovakia’s prime minister Robert Fico visited Moscow on Sunday and met with Vladimir Putin, the Kremlin has said, one of the few meetings the Russian president has had with an EU leader since he ordered a full-scale invasion of Ukraine almost three years ago. The visit, not announced in advance but confirmed on Sunday by the Kremlin when it shared a video of Fico in Moscow shaking Putin’s hand, follows an uptick in contacts between Russian and western politicians in anticipation of…

In case you have not been counting, 2024 has five-and-half trading days left. And  2024 has been a very good year so far. Not record-breaking, but a 24.3% gain for the Standard & Poor’s 500 Index, as of Dec. 20, is not something to thumb your nose at. If it’s a record you seek, go back to 1995, when the index jumped 34.1% and started a 5-year streak when the index grew 20% a year. (Okay, 1999 was only a 19.5% gain.) 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸Besides, this past week reminded investors and…