Outlook for Dec. 2-6, 2024

The final trading month of 2024 kicks off in the week ahead, and promises one final push to the finish line to turn this year’s monster rally into one for the history books. A jobs report is on deck as well. Stocks are at or near all-time highs, and as far as investors are concerned, … Read more

Canadian news companies challenge OpenAI over alleged copyright breaches

Five Canadian news media companies filed a legal action on Friday against ChatGPT owner OpenAI, accusing the artificial-intelligence company of regularly breaching copyright and online terms of use. The case is part of a wave of lawsuits against OpenAI and other tech companies by authors, visual artists, music publishers and other copyright owners over data … Read more

Student loan borrowers may face higher payments under Trump

Tomas Rodriguez | Corbis | Getty Images President-elect Donald Trump has made his dislike for student debt relief clear. Experts expect he will abandon or roll back many of the Biden administration’s student loan efforts — which on the campaign trail he called “vile” and “not even legal.” Assuming the Trump administration abandons the U.S. … Read more

Trump-election bump: Small business confidence surges

Scholars and political strategists have long observed a tendency among voters to seek change in leadership during periods of economic hardship, a phenomenon rooted in the belief that new leadership may offer solutions to pressing economic challenges. Our recent quarterly polls have highlighted small business owners’ concerns about inflation and other difficulties faced during the Biden … Read more

Bitcoin heads for nearly 40% November gain as it edges closer toward $100,000

“Make Bitcoin Great Again” hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Former US President Trump used to be a crypto critic but in recent weeks adopted a much friendlier stance alongside the sector’s emergence as an influential player in the 2024 presidential election through … Read more

Ether could be crypto’s biggest Trump 2.0 beneficiary, after investors nearly abandoned it this year. Here’s why

Ether , the digital silver to bitcoin’s gold, has outperformed the rest of crypto since the U.S. election and brought ether ETFs to life at last. It may just be getting started. Ether and the exchange-traded funds that track it are up about 49% since Nov. 5, compared to bitcoin at 38% in the same … Read more

New bitcoin bull market, beware of the same old crypto scams

Consumers beware: With bitcoin trading solidly over $90,000 this month, cybercriminals will be circling the wagons. “This is going to create a lot of FOMO and a lot of urgency around investing in bitcoin and paying with bitcoin,” said Eva Velasquez, president and chief executive of the Identity Theft Resource Center. Scammers “love, love, love … Read more