>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning as the first full trading week of 2025 gets underway. Wall Street closed higher Friday after a volatile start to the new year. Tech stocks helped boost the market with chipmaker Nvidia up more than four percent. Tesla shares jumped nearly seven percent as stocks rebounded in a broad rally to end the week. Shares of U.S. Steel fell about five percent after President Biden blocked Nippon Steel's 15-billion-dollar takeover bid on national security grounds. At the closing bell, the Dow Jones Industrial Average gained 339 points to 42-732. The S&P 500 rose 73 points to 59-42. The Nasdaq climbed 340 points to 19-621.
>>Economic Reports On The Horizon
(Undated) -- Coming up in the business week ahead, things start off slow with not much on the schedule today. We'll get data on job openings and the U.S. trade deficit tomorrow. Wednesday brings the release of the minutes from the Fed's December meeting, the ADP employment report and the latest consumer credit numbers. Weekly jobless claims are due Thursday. And, the week wraps up Friday with the monthly jobs report. Most analysts expect to see 155-thousand new jobs created compared to the previous month's 227-thousand. The unemployment rate is expected to remain unchanged at four-point-two-percent.
>>More Than A Third Of Workers Consider Job Changes In 2025
(New York, NY) -- Over a third of workers are considering moving jobs in 2025. That's according to the Global Talent Barometer from Manpower Group. It asked more than 12-thousand workers across 16 countries. For younger workers between 18 and 27, it's closer to one-half planning on a job change this year. Meanwhile, over four in ten remote workers, who tend to report better wellbeing and work-life balance, reported themselves likely to change jobs.
>>Surgeon General's Warning Hits Alcohol Stocks
(New York, NY) -- Alcoholic beverage companies stock took a hit on Friday following the U.S. Surgeon Generals recommendation to add cancer warning labels on alcohol products. Boston Beer Company the producer of Angry Orchard, Truly Hard Seltzer, Samuel Adams and Twisted Tea saw a nearly four-percent drop. Canadian American brewer, Molson Coors producer of Miller Lite and Coors Light stock fell three-percent and Jack Daniel's Whiskey fell 2.5-percent in trading value. Surgeon General Vivek Murthy said alcohol consumption is the third leading preventable cause of cancer in the U.S. behind tobacco and obesity. Murthy warned that alcohol raises the risk for seven types of cancer affecting the breast, colorectum, esophagus, liver, mouth, throat and voice box.
>>Nazi-Linked Accounts Discovered At Swiss Bank UBS
(Undated) -- Accounts at Swiss bank UBS linked to Nazi-affiliated entities are being investigated. UBS, which purchased Credit Suisse after it collapsed, is working with ombudsman Neil Barofsky in the investigation. The Wall Street Journal recently reported Credit Suisse had not previously disclosed the accounts. They cited a letter last month from Barofsky to the U.S. Senate suggesting "signs of a cover-up" of the accounts in previous reviews. Barofsky told the Senate he expects to have a complete report finalized by early 2026, according to the Wall Street Journal report.
>>DOT Fines JetBlue For 'Chronically Delayed Flights'
(Washington, DC) -- JetBlue is being fined two-million-dollars for "chronically delayed flights." The Department of Transportation announced the move Friday calling it the first penalty of its kind. The DOT cited four JetBlue routes that were delayed at least 145 times between June 2022 through November 2023. They include service between the low-cost carrier's home hub at JFK International and Raleigh-Durham in North Carolina, and between Fort Lauderdale and Orlando, along with service from JFK and Windsor Locks, Connecticut.
>>Nvidia's Jensen Huang To Deliver Keynote At CES
(Las Vegas, NV) -- Nvidia's Jensen Huang is giving the keynote address at this year's CES, formerly the Consumer Electronics Show, in Las Vegas. The AI chipmaker's founder and CEO will kick off the event this evening. Huang's keynote will be live-streamed on YouTube and Nvidia's website.
