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CSX stock falls as railroad warns on impact of hurricanes, lower fuel prices

Shares of CSX Corp. fell after hours on Wednesday after the railroad operator said the fourth quarter would be “more challenging” in the wake of falling fuel prices, weaker coal demand and two massive hurricanes in the Southeast.

Phunware stock climbs 18% after mobile-advertising company touts generative AI

Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.

Meme coins could be among the biggest moneymakers in crypto next year. What to know before investing.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus

Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.

Betting markets put chance of Trump win at 3-month high, but analysts express some skepticism

Donald Trump’s chance of winning the White House race has climbed to levels last seen in late July, but some analysts are questioning the latest action in the betting markets.

LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.

The comments come as the French luxury brand saw a 3% sales decline this quarter.

The FTC is making it easy to cancel subscriptions. You still need to remember one thing.

People who want to stop paying for a subscription or membership will soon be able to do so with just a call or a click instead of getting caught in a discouraging maze, according to federal rules unveiled Wednesday.

Space stocks climb again as ‘momentum sector’ drives gains

Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches. 

Trump’s rising election odds have powered bitcoin to its highest level since July

Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.

Telecom exec pleads guilty to stealing $100 million from fraud-plagued government program

Issa Asad admitted to submitting phony customer data for years to Lifeline, an FCC program providing discounted telephone and internet service to low-income Americans,

Bond investors position for new debt from Goldman Sachs and Morgan Stanley

Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan Stanley both tapping the high-grade debt market on Wednesday.

Parents trust Republicans more on the economy, but they’re split on Trump vs. Harris

In a survey by the National Parents Union, more parents said they trust the Republican party to handle economic issues than said they trust Democrats, but when presented with anonymized economic positions, Harris’s proposals were more popular with respondents than Trump’s. 
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