Business

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%.

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STORIES UNDER 60 SECONDS

Brokers fees are banned in NYC

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The origins of “Black Friday”

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Where do your cranberries come from?

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Working Well: The simple act of taking deep breaths

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Working Well: Seeking the elusive work-life balance, one step at a time

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Medical debt in numbers

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Jennifer Lopez and Ben Affleck didn’t get a prenup. Should you?

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Buy now, pay later companies must adhere to credit card standards

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IRS makes free tax return program permanent

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Let’s talk about Earned Wage Access

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How to talk about money with your significant other

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Inspired by the Met, the Debt Gala fundraises for medical debt

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Five no-buy rapid questions with Elysia Berman

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Domestic workers are often excluded from many federal workplace protections

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Financial Markets

China’s manufacturing activity slows in December as trade risks grow

Financial Wellness

10 tips from experts to help you change your relationship with money in 2025

Economy

China raises its estimate for the size of its economy in 2023

Tech

‘Wallace & Gromit’ are back for a full-length adventure with a familiar foe

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Ivory Coast asks French troops to leave, the latest African country to do so

Ivory Coast says that French troops will leave the country starting January 2025, becoming the latest African nation to downscale military ties with its former colonial power.

Ceremonies mark full membership of Bulgaria and Romania in Europe’s Schengen travel zone

Bulgaria and Romania are holding ceremonies to mark their full membership in Europe’s Schengen area, the culmination of years of negotiations by the Eastern European countries to join the ID check-free travel zone.

How major US stock indexes fared Tuesday, 12/31/2024

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%.

Toxic fumes sicken 20 workers at New Mexico cheese plant

Investigators are trying to determine what caused a mechanical failure that resulted in 20 workers inhaling toxic fumes at a cheese manufacturing plant in eastern New Mexico.

Massachusetts lawmakers approve bill to close loopholes in health care market

The Massachusetts Legislature approved a bill Monday aimed at closing loopholes in the state’s health care market regulatory process exposed by the collapse of Steward Health Care.

Man arrested in shooting of 2 security guards outside a Los Angeles Target

LOS ANGELES (AP) — Two security guards at a downtown Los Angeles shopping plaza were wounded in a gunfight with a man as they tried to stop him from making off with more than $1,000 of stolen merchandise, police said Tuesday.

Dartmouth basketball players end their unionization attempt in anticipation of shifting NLRB

The Dartmouth men’s basketball team is dropping its attempt to form a union.

Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

A New Jersey offshore wind project is seeking a second delay because it still can’t find someone to build equipment for its turbines.

US stock markets to remain closed in honor of Jimmy Carter on National Day of Mourning

U.S. stock markets will close on Thursday of next week in honor of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation’s leaders.

Stephen King’s rock radio station won’t go silent after all

Author Stephen King’s rock ‘n’ roll radio station is going to continue rocking into the new year. Two businessmen purchased Maine-based WKIT-FM from the best-selling writer after he announced that the station and two others would go silent after New Year’s Eve.

Montenegro extradites cryptocurrency mogul to the United States

Montenegro has extradited a South Korean mogul known as “the cryptocurrency king” to the United States.

Nearly all of Puerto Rico is without power on New Year’s Eve

A blackout has hit nearly all of Puerto Rico as the U.S. territory prepares to celebrate New Year’s.

Swiss flight attendant dies a week after plane’s emergency landing due to smoke on board

A flight attendant aboard a Swiss passenger plane that made an emergency landing in Austria due to smoke in the cabin has died.

3 must-knows about employee stock options

If stock options are part of your compensation package, it’s worth your while to get familiar with how they work generally, as well as how your company handles stock options specifically.

Moldovans fear looming energy shortage as Russia halts gas supplies

Moldovans are bracing for a difficult winter ahead as a looming energy shortage could leave them without enough energy.

Zimbabwe’s new currency woes hit traditional stores while illegal night bazaars flourish

People in Zimbabwe are shunning traditional grocery stores to do their shopping at informal and illegal markets that pop up at night to avoid police raids.

South Korean adoptees and families rocked by fraud allegations

Peg Reif was among more than 120 who contacted The Associated Press this fall, after a series of stories and a documentary made with Frontline exposed how South Korea created a baby pipeline, designed to ship children abroad as quickly as possible to meet Western demand.

How major US stock indexes fared Monday, 12/30/2024

Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note. The S&P 500 closed 1.1% lower Monday.

California will soon require insurers to increase home coverage in wildfire-prone areas

California will start requiring property insurers to increase coverage in wildfire-prone areas after homeowners across the state increasingly struggle to find policies.

Chinese hackers accessed workstations and documents in a ‘major’ cyber incident, Treasury says

The Treasury Department said Chinese hackers remotely accessed several employee workstations and unclassified documents after compromising a third-party software service provider.