Stocks in 2024: Investors are betting on Fed rate cuts and a broader market rally in the new year
One view generally accepted on Wall Street is that the market rally will broaden further in 2024, though investors differ on which parts will lead.
SpaceX sets new rocket record with 96 successful launches in 2023
SpaceX this year launched 96 successful missions with its Falcon series of rockets, topping its previous annual record of 61 orbital launches in 2022.
Apple’s stock underperformed top tech peers in 2023 due to longest revenue slide in 22 years
Apple has reported four straight quarters of sliding sales, its longest stretch of declines since 2001
From FedEx to airlines, companies are starting to lose their pricing power
Faced with weakening demand, price-sensitive consumers and easing inflation, some sectors are now forced to grow profits without the tailwind of price hikes.
U.S. intelligence officials determined the Chinese spy balloon used a U.S. internet provider to communicate
An American intelligence assessment found that the balloon used a commercially available U.S. network to communicate, primarily for navigation, U.S. officials say.
Boeing urges inspections of 737 Max planes for ‘possible loose bolt’
Boeing recommended the inspections after “an international operator discovered a bolt with a missing nut,” the FAA said in a statement Thursday.
Startup bubble fueled by Fed’s cheap money policy finally burst in 2023
In 2023, numerous tech startups that had raised big rounds at premium valuations before and during the pandemic finally ran out of cash
Trump on trial: What to expect in 2024 from the former president’s legal cases
Trump, who is leading the Republican presidential primary polls, faces the prospect of up to five trials during the busy campaign year.
Biden administration’s Medicare drug price negotiations will face major tests in 2024
Next year could set the precedent for the Inflation Reduction Act’s controversial talks, which could affect dozens of medications by the end of the decade.
A 10-year initiative in Boston has helped narrow the gender wage gap by 30%
New research shows the gender pay gap in the greater Boston area decreased by 30% over the last two years.
