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

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 is up roughly 24% year-to-date, even with a recent … Read more

Dollar holds firm as US rates outlook still dominates

By Rae Wee and Greta Rosen Fondahn SINGAPORE (Reuters) -The dollar defended its recent dominance on Tuesday in a holiday-lined week, as investors considered the prospect of higher-for-longer U.S. interest rates, leaving other major currencies struggling near milestone lows. The U.S. dollar has leaped ahead over the past three months against a basket of currencies, … Read more

A million taxpayers will get up to $1,400 from the IRS : NPR

The Internal Revenue Service (IRS) headquarters building in Washington. J. David Ake/AP hide caption toggle caption J. David Ake/AP Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail … Read more

Bank CEO brings back employee 2-week ‘recharge period’ at the end of December

Robin Vince says BNY Mellon employees will circle back to bureaucracy in 2025.Saul Loeb/AFP via Getty Images BNY CEO Robin Vince said the bank is currently in a “recharge period” until 2025. Employees at the finance giant are encouraged to focus on “core business activities. The move is part of a larger push by the bank to … Read more

How the holidays could be affecting your medical care : Planet Money : NPR

Holiday medicine Tatyana/Getty Images hide caption toggle caption Tatyana/Getty Images It’s the holiday season, a time for family, festivities — and shoddy medical practices?! Okay, so maybe that’s a bit alarmist. But a new, holiday-related study has us thinking about how doctors are humans with cognitive biases, quirks, and flaws like the rest of us … Read more