News

China's exports likely grew in November, slower than last month's bumper data but continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming U.S. administration. Outbound shipments are expected to have risen 8.5% year-on-year by value in November, the median forecast of 22 economists in a Reuters poll showed, compared to a 12.7% jump in October. Meanwhile, South Korea, a leading indicator of China's imports, reported a fourth-straight month of slowing exports growth in November, hitting a 14-month low, as shipments to the U.S. and China fell amid tariff uncertainty.

Former Treasury Secretary Larry Summers has dismissed the idea of a national Bitcoin (CRYPTO: BTC) reserve as “crazy” amidst ongoing deliberations in Congress and the crypto industry. What Happened: In an interview with Bloomberg on Friday, Summers ...

Prediction markets saw surging interest during the election. A month later, sites like Kalshi say they're seeing more activity in non-political bets, too.

Staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff questioned financial analyst Jim Cramer’s bullish stance on the cryptocurrency on Thursday, likening it to remarks made at market tops. What Happened: Schiff took to X to share his thoughts on Cramer’s ...

The exchange-traded fund (ETF) closely tracks the price of Bitcoin (CRYPTO: BTC), allowing investors to gain exposure to the cryptocurrency on major brokerage platforms without having to purchase it directly on a crypto exchange. Bitcoin has rallied big time in the wake of Donald Trump's election on Nov. 5, so this Bitcoin ETF followed suit. Although incoming President Trump lambasted Bitcoin and its legitimacy back when he was in office in 2019, he appeared to change his mind on the cryptocurrency earlier this year.

(Reuters) -U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. Trump added that he didn't think Powell, who he has sparred with in the past over interest rate levels, would go quietly.

This is what could happen next to GitLab shares.

Big trends could make these stocks winners next year.

(Bloomberg) -- Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the market remains weak.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitState oil producer Saudi Aramco will sell its main Arab Light crude grade at

• CPI inflation, producer prices, and the last batch of earnings will be in focus this week. • Oracle’s accelerating cloud business and bullish market sentiment make it a top pick to buy this week. • AutoZone faces near-term challenges that warrant caution, making it a stock to sell this week. • Looking for more actionable trade ideas? Subscribe here for 55% off InvestingPro as part of our Cyber Week Extended sale! U.S. stocks closed higher on Friday, as the S&P 500 and Nasdaq Composite both end