(Bloomberg) — Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, fueling hopes that spending on AI hardware should remain resilient in 2025. Most Read from Bloomberg The main chipmaker to Apple Inc. and Nvidia Corp. foresees spending $38 billion to $42 billion on technology and capacity this year, or […]

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters As Congress wrestles over President-elect Donald Trump’s agenda, several key tax provisions are in limbo, including the child tax credit claimed by millions of families.   Enacted by

US stocks were mixed on Thursday, with the major indexes hoping to build on the previous day’s surge as investors assessed another round of big bank earnings and a fresh reading on retail sales. The S&P 500 (^GSPC), the tech-heavy Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all meandered slightly above the

U.S. stock futures are pointing mostly higher ahead of earnings and retail sales data; Taiwan Semiconductor Manufacturing Co. (TSM) shares are surging in premarket trading after the firm reported better-than-expected profit; UnitedHealth Group (UNH) shares are sinking after the health insurer reported results that missed expectations; Bank of America (BAC) joins other financial firms in

By Akash Sriram and Marie Mannes (Reuters) -Polestar’s (PSNY) CEO said on Thursday it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company’s U.S.-listed shares down about 9% in premarket trading. The company, backed by China’s

I’ve got all the paperwork here Delmaine Donson | E+ | Getty Images More than half of U.S. consumers planned to make a financial resolution for 2025, according to a December poll by Discover Personal Loans.  Even if you didn’t ring in the new year with some money goals in mind, it’s not too late

Bank of America’s (BAC) fourth-quarter profit more than doubled as it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals. Its earnings in the quarter were $6.7 billion, up 111% from the $3.1 billion earned in the same year-ago period. The results lifted its full-year profits to $27.1 billion. “We

By Stella Qiu SYDNEY (Reuters) -Australian employment sped past forecasts in December although the jobless rate ticked higher as many more people went looking for work – the combination of trends signalling a healthy labour market that leaves alive the chance of a near-term cut in rates. Driven by an increase in part-time roles, net

Professional athletes make millions on and off the field. As of 2024, the 10 highest-paid athletes made between $85.6 million to $285 million. They play several sports, from soccer to football to basketball to golf. Professional athletes also make millions off the field from lucrative endorsements, brand partnerships, and other business ventures. Here are the

US President Joe Biden, left, and Antony Blinken, US secretary of state, speak on the ceasefire deal between Israel and Hamas, in the Cross Hall of the White House in Washington, DC, US, on Wednesday, Jan. 15, 2025. Israel and Hamas agreed to a ceasefire deal, bringing at least a temporary halt to the war