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Wayne Osmond dead at 73: The Osmonds legend passes away peacefully as family pay tribute
01/02/2025

Wayne Osmond dead at 73: The Osmonds legend passes away peacefully as family pay tribute

Wayne Osmond has died aged 73.

U.S. National Debt  |  Debt to the Penny*The latest findings from the Congressional Budget Office indicate that the nati...
01/02/2025

U.S. National Debt | Debt to the Penny

*The latest findings from the Congressional Budget Office indicate that the national debt will grow to an astonishing $54 trillion in the next decade, the result of an aging population and fishing federal health care costs. Higher interest rates are also compounding the pain of higher debt.

Should that debt materialize, it could risk America's economic standing in the world.

Biden is giving the 2nd highest civilian award to the leaders of the Jan. 6 congressional committee*President Joe Biden ...
01/02/2025

Biden is giving the 2nd highest civilian award to the leaders of the Jan. 6 congressional committee

*President Joe Biden is bestowing the second highest civilian medal on Liz Cheney and Bennie Thompson, leaders of the congressional investigation into the Capitol riot who Donald Trump has said should be jailed for their roles in the inquiry.

Biden will award the Presidential Citizens Medal to 20 people in a ceremony Thursday at the White House, including Americans who fought for marriage equality, a pioneer in treating wounded soldiers, and two of the president’s longtime friends, former Sens. Ted Kaufman, D-Del., and Chris Dodd, D-Conn.

President Joe Biden is bestowing the second highest civilian award on Liz Cheney and Bennie Thompson, who led the congressional investigation into the Capitol riot.

01/02/2025
Why Do We Say “Easy as Pie” When Baking Isn’t Easy?If you’ve experienced soggy bottoms and burned crusts, you know bakin...
01/02/2025

Why Do We Say “Easy as Pie” When Baking Isn’t Easy?

If you’ve experienced soggy bottoms and burned crusts, you know baking a pie isn’t easy — so where did this phrase come from? The answer is easy as … you know.

If you’ve experienced soggy bottoms and burned crusts, you know baking a pie isn’t easy — so where did this phrase come from? The answer is easy as … you know.

Cap de Formentor, Mallorca, Spain
01/02/2025

Cap de Formentor, Mallorca, Spain

Tsomgo (Changu) Lake. It is a sacred natural glacial lake on top of mountain in Gangtok, East Sikkim, India. Its located...
01/02/2025

Tsomgo (Changu) Lake. It is a sacred natural glacial lake on top of mountain in Gangtok, East Sikkim, India. Its located at the height of 12,400 feet on the Gangtok-Nathula Road.

The Church of the All-Merciful Savior - Patriarchal Compound (Temple) in Mitino is located at Pyatnickoe Highway, Moscow...
01/02/2025

The Church of the All-Merciful Savior - Patriarchal Compound (Temple) in Mitino is located at Pyatnickoe Highway, Moscow.

LIVE UPDATESStock Market Today: Futures Rise to Start New YearIndexes in Shanghai and Hong Kong sink on first trading da...
01/02/2025

LIVE UPDATES
Stock Market Today: Futures Rise to Start New Year
Indexes in Shanghai and Hong Kong sink on first trading day of 2025.

Last Updated:
Jan. 2, 2025 at 6:11 AM EST

Markets are kicking off the new year on a brighter note.

Technology stocks are leading gains in premarket trading, with chip stocks and cryptocurrency-linked names rising. Bitcoin is above $96,000, after ending 2024 on a losing streak.

The sunnier mood contrasts with the final sessions of 2024, when the S&P 500 fell for four straight trading days. That has jeopardized the so-called Santa Claus rally that frequently happens over the holidays.

In recent trading:

U.S. stock futures rose. The tech-focused Nasdaq-100 led the gains, rising more than 0.5%.

The 10-year Treasury yield ticked lower. It settled at 4.577% Tuesday to close out 2024.

Bitcoin traded above $96,000, compared to a late-afternoon level of about $93,400 on Tuesday.

Chinese stock indexes fell, with Hong Kong’s Hang Seng Index and the Shanghai Composite both losing more than 2%.

European natural-gas prices hit a 14-month high, as the region looked ahead to colder winter temperatures. In addition, on Wednesday Russia halted natural-gas flows to Europe via Ukraine, following the year-end expiry of a gas-transit deal.

The benchmark Stoxx Europe 600 ticked down.

Up ahead:

Initial jobless claims, due at 08:30 a.m. ET, are expected to tick up to 225,000—an increase of 6,000 from a week earlier.

Survey data from S&P Global, due at 9:45, will likely show U.S. manufacturing remained in contraction last month.

Tesla is expected to release sales data. Analysts expect deliveries to fall just shy of the roughly 515,000 units needed for the full-year tally to top 2023’s total.
—By Caitlin McCabe

Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Today in history:On Jan. 2, 2016, a heavily armed group led by brothers Ammon and Ryan Bundy seized the Malheur National...
01/02/2025

Today in history:
On Jan. 2, 2016, a heavily armed group led by brothers Ammon and Ryan Bundy seized the Malheur National Wildlife Refuge in Oregon, beginning a 41-day standoff to protest the imprisonment of two ranchers convicted of setting fires on public land and to demand the federal government turn over public lands to local control.

1959: Soviet spacecraft Luna 1 launches 1974: Highway speed limit set at 55 mph 2023: Damar Hamlin suffers cardiac arrest in NFL game

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