Business news
- China keeps benchmark lending rates steady for a seventh straight month despite weak economic data - The People's Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting.
- Asia-Pacific markets poised for gains ahead of China's key lending rate decision - Asia-Pacific markets were set to climb Monday as investors look toward benchmark lending rate decisions coming out of China later in the day.
- Why the chocolate in your holiday candy could be ‘fake’ this year - Unpredictable cocoa markets have prompted some candy makers to rethink how they're sourcing chocolate.
- Epstein files: DOJ restores image showing Trump after backlash - The Department of Justice faces criticism for not releasing all of the Epstein files on Friday, despite a law signed by President Donald Trump requiring it.
- Here are 5 bear cases for Nvidia — and why each one of them is wrong - It's a brutal parade of horrors, so steel yourself, and — spoiler alert — I don't believe any of it.
- Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected - As power outages spread Saturday, videos shared on social media appeared to show multiple Waymo vehicles stalled in traffic in different parts of San Francisco.
- Disney's 'Avatar: Fire and Ash' disappoints with weak $88 million domestic opening - Disney's "Avatar: Fire and Ash" tallied just $88 million during its domestic debut, well shy of the $110 million to $125 million range analysts had expected.
- Here are 2 things we're watching in the stock market this week - Will Santa Claus come to Wall Street? And, how do holiday shoppers feel about the economy?
- To lower crypto investment risk, the market is starting to diversify - Cryptocurrency market volatility won't go away, but the market is beginning to apply portfolio diversification ideas to assets like bitcoin.
- Xbox is losing the console race by miles. It's part of Microsoft's big gaming pivot - Sales of Microsoft's Xbox Series S and Series X are even behind the original Nintendo Switch, which launched in 2017.