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Business Rundown: Delivery Hubs Strike & Inflation Flashes Warning For The Fed

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Amazon warehouse workers are striking this week, pushing for higher wages and improved benefits and safety conditions. A local Teamster president said the strike will last “as long as it takes” but Amazon tells customers last-minute holiday orders will not be impacted. In Washington, the Federal Reserve cut rates by a quarter point—in line with expectations. Fed Chair Jerome Powell signaled that the inflation data guides future rate cut decisions…but is the battle to rein in rising prices over yet? Fox Business correspondent Lydia Hu speaks with President and Chief Investment Officer at Equinox Partners Investment Management Sean Fieler to discuss how unions are testing their political capital and what to expect from inflation and interest rates in 2025. Photo Credit: AP
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US Congress races to avoid government shutdown

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US Congress races to avoid government shutdown after bipartisan spending agreement was derailed following interventions by President-elect Donald Trump and his efficiency czar, Elon Musk. Also in the programme: A high level US delegation holds talks with Syria’s new leader Ahmed al-Shara’a; At least two dead and 68 injured after a car drove into a crowd at German Christmas market; and 27 new species discovered in Peru, including an amphibious mouse. (Photo: Mike Johnson, Republican Speaker of the House, talking to journalists. Credit: EPA-EFE/REX/Shutterstock)

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Stock market today: Wall Street rises to turn a dismal week into just a bad one

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Stocks rebounded to end the week.

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NPR News: 12-20-2024 5PM EST

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NPR News: 12-20-2024 5PM EST Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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AP Headline News – Dec 20 2024 17:00 (EST)

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Dow Gains Nearly 500 Points to Regain Some of Week’s Losses

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Plus: Netflix shares rise after securing the U.S. streaming rights to show the next two women’s soccer World Cups. Warren Buffett’s Berkshire Hathaway increases its stake in Occidental Petroleum. J.R. Whalen reports. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Roundup: Spending Bill Fight Continues; TikTok Ban Looms

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Lawmakers are up against a deadline of midnight Friday to pass a bill to fund the government. What’s behind the hold up? Then, a ban on TikTok heads to the Supreme Court, and we go back to when dinosaurs roamed the Earth. This episode: political correspondent Sarah McCammon, congressional correspondent Deirdre Walsh, political correspondent Susan Davis, technology correspondent Bobby Allyn, and voting correspondent Miles Parks. The podcast is produced by Kelli Wessinger, and edited by Casey Morell. Our executive producer is Muthoni Muturi. Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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More Men Are Getting Addicted to Playing the Stock Market

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P.M. Edition for Dec. 20. For a growing number of men, what started as an interest in meme stocks or crypto has turned into a gambling addiction. WSJ markets reporter Gunjan Banerji went to Gamblers Anonymous meetings to understand more. And U.S. lawmakers are racing to avoid a government shutdown at midnight. Katy Stech Ferek, who covers Congress for The Wall Street Journal, gives us her read from the Hill. Plus, at least two people were killed and more than 60 wounded in an attack at a Christmas market in eastern Germany. You can follow the developing story on wsj.com. Alex Ossola hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Rising butter prices give European consumers and bakers a bad taste

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AP correspondent reports on a price spike overseas for butter.

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AP Headline News – Dec 20 2024 16:00 (EST)

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