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By Lewis Krauskopf NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump. The benchmark S&P 500 was up 23.31% in 2024, even with a recent …

Investors hope for US stock market trifecta in 2025 after back-to-back boom years Read More »

By Curtis Williams HOUSTON (Reuters) – U.S. natural gas demand from LNG plants hit a record on Tuesday, the last day of the year, climbing to 15.2 billion cubic feed (bcf) in a sign of a strong year ahead from the startup of two new gas-processing plants, preliminary data from financial firm LSEG showed. U.S. …

US LNG gas demand hits record high on last day of the year Read More »

By Jonathan Stempel (Reuters) -A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as “spring water.” While rejecting some claims in the proposed class action, U.S. District Judge Jeffrey Alker Meyer in New Haven called it …

Judge will not dismiss lawsuit claiming Poland Spring water is not from a spring Read More »

By Stephen Culp NEW YORK (Reuters) -Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin engines of the artificial-intelligence boom and the U.S. Federal Reserve’s first interest rate cuts in three-and-a-half years. The …

Wall Street ends lower, capping a banner year Read More »

WASHINGTON/NEW YORK (Reuters) -The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according to two sources familiar with the matter. The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, the …

US to issue hydrogen credit rule this week, with path for nuclear, sources say Read More »

(Reuters) – U.S. planemaker Boeing is on track to be the biggest loser of 2024 in the Dow Jones Index, tumbling 32% as it bounced from one crisis to another.  Rival Airbus rose more than 11% for the year, and the benchmark S&P 500 gained more than 23% during 2024.  Boeing’s shares opened the year …

Boeing on track to be 2024’s biggest loser in Dow Jones Index Read More »

(Reuters) -The National Highway Traffic Safety Administration said on Tuesday that Ford Motor Co would recall 20,484 hybrid crossover SUVs over battery concerns. The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024. “A manufacturing defect in one or more of the high voltage battery cells may result …

Ford to recall 20,484 hybrid SUVs over battery concern Read More »

By Saqib Iqbal Ahmed NEW YORK (Reuters) -U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform. The changing of the …

How investments may fare during Trump 2.0 and Fed easing Read More »

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged violations of federal law. The Justice Department and the Federal Trade Commission alleged the company lured users to its personal finance app by …

US files complaint against fintech app Dave and its CEO Read More »