U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt

David Burritt, president and chief executive officer of US Steel Corp., speaks during an Economic Club of Detroit event in Detroit, Michigan, US, on Tuesday, Sept. 17, 2024. Nic Antaya | Bloomberg | Getty Images Biden formally blocked the more than $14 billion deal on Friday, citing national security concerns after a monthslong review by … Read more

Hightower’s Stephanie Link says the worst is over for Boeing, names it a top 2025 pick

Boeing shares are set for a turnaround after a rough 2024, according to Hightower Advisors’ Stephanie Link. “I think the worst is behind the company,” the firm’s chief investment strategist and portfolio manager said Tuesday on CNBC’s ” Halftime Report .” “I think this is a 2025 story — my favorite one.” Link’s remarks come … Read more

Don’t be fooled by Nvidia stock’s slide after CEO Jensen Huang laid out an AI roadmap

AI chip giant Nvidia’s blistering growth in recent years has sprung from the data center. On Monday night, CEO Jensen Huang made the case that Nvidia’s next wave of expansion will encompass much more — stretching from the warehouse floor to city streets and beyond. Huang’s slate of announcements and pronouncements on artificial intelligence at … Read more

These midcap utilities are a play on data center demand, Morningstar says

Utilities surged in 2024 as investors sought a way to play the burgeoning artificial intelligence trend, but attractive opportunities still exist for those willing to do the legwork, according to Morningstar energy and utilities strategist Travis Miller. The utilities sector climbed nearly 20% last year, led by the likes of Vistra Corp . and Constellation … Read more

Why your paycheck is slightly bigger

Simpleimages | Moment | Getty Images Why your take-home pay could be higher If you’re starting 2025 with similar wages to 2024, your take-home pay — or compensation after taxes and benefit deductions — could be a little higher, depending on your withholdings, according to Long. “When all the tax brackets go up, but your … Read more