Money Report

Last week, the bank of Korea cut its headline inflation outlook for 2024 and 2025 to 2.3% and 1.9% respectively, down from 2.5% and 2.1%.

Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a “suicide race.”

The broad market index ended Monday’s session at an all-time closing high.

Elon Musk’s pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.

Gov. Gavin Newsom’s special legislative session to safeguard California from potential “federal overreach” from the incoming Trump administration begins Monday.

Art Cashin was UBS’ director of floor operations at the NYSE and a man The Washington Post called “Wall Street’s version of Walter Cronkite.”

Former Fox News host Pete Hegseth, President-elect Donald Trump’s pick for secretary of Defense, was investigated in 2017 for an alleged sexual assault.

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be “stalling.”

Kai Cenat, a 22-year-old live streamer, completed a so-called subathon on Saturday, streaming 24 hours a day for the entire 30 days of November.

Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.

The S&P 500’s performance is all over the map in the 12 months following previous presidential elections. The lesson for investors: don’t do much.

Adding a child as an authorized user to your credit card account can help jumpstart their credit history. But there can be risks, experts said.