(Bloomberg) -- Emerging-market assets staged one of their best monthly rallies of the year in November as traders repositioned their portfolios on bets that the Federal Reserve will cut interest rates in the first half of next year.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest
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MENLO PARK, Calif. (AP) — The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18.In a lawsuit filed late Wednesday in federal court in Washington, D.C., Meta
Read more ...DETROIT (AP) — With manufacturing kinks still to be worked out, Tesla delivered the first dozen or so of its futuristic Cybertruck pickups to customers Thursday, two years behind the original schedule amid uncertainty over when large-scale production will begin.CEO Elon Musk showed off the angular electric trucks with an event at the company's factory outside of Austin, Texas, that
Read more ...WASHINGTON (Reuters) - U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with similarly sized deals is any indication. The deal could exceed $60 billion in value.The DOJ in 2017 successfully stopped Anthem, now Elevance Health, from buying Cigna for $54
Read more ...Stocks ended mostly higher on Wall Street and closed out November with big gains.The S&P 500 rose 0.4% Thursday. The index rose 8.9% in November, its biggest monthly gain in more than a year. The Dow jumped 520 points with an assist from Salesforce, which reported better-than-expected results and raised its outlook. The Nasdaq composite fell 0.2%.The stock market has
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