The Daily Editor

Dalio dumped more than 1.8 million shares of Wall Street’s favorite artificial intelligence (AI) stock and respectively quadrupled and 10X’d Bridgewater’s position in two other AI stock-split stocks.

 » Read more about: Billionaire Ray Dalio Sold 27% of Bridgewater's Stake in Nvidia and Is Piling Into 2 Artificial Intelligence (AI) Stock-Split Stocks  »

By Archie Hall, Britain economics correspondent, The Economist

Bumpily and with a few shudders, central bankers made the landing in 2024. The grim predictions that only deep recessions could pull sky-high inflation back down to earth proved misplaced. Instead, a sharp increase in interest rates, supply-side improvements and the passage of time did the job well enough.

 » Read more about: Interest rates will come down sharply in 2025  »

In a world where the phrase “protecting Social Security” is little more than an election-year slogan, two members of Congress deserve recognition for their efforts to keep their word. On election night, Republicans Andy Harris of Maryland and Robert Good of Virginia moved to table the Social Security Fairness Act of 2023, which will at least postpone its consideration by Congress.

 » Read more about: Smith: Protecting Social Security from Congress  »

PHILADELPHIA (KYW) – A 66-year-old grandmother from Philadelphia says Social Security is a “pain in the behind” after she was mistakenly declared dead by the agency, setting off a devasting domino effect.

Renee Williams, 66, says she recently lost access to her bank accounts, health insurance and retirement benefits after being mistakenly placed on the Social Security Administration’s “Death Master File.”

“I want people to know that Social Security is a pain in the behind,” Williams said.

 » Read more about: Grandmother declared dead in Social Security error loses access to money, benefits  »

You’re reading a free article with opinions that may differ
from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to
get instant access to our top analyst recommendations, in-depth research, investing resources,
and more. Learn More

 » Read more about: Here's the Maximum Possible Social Security Benefit — and How Many People Actually Get It  »

After watching wind and solar stocks plummet in the hours after Donald Trump’s election victory, asset managers are zeroing in on a corner of the green transition they say will defy the president-elect’s anti-ESG agenda: the grid.

One day after the election, analysts at TD Securities told clients that grids and the equipment needed to build them now represent one of “the best-positioned energy transition sub-sectors.”

 » Read more about: Asset Managers Bet Grid Stocks to Defy Trump’s Anti-ESG Era  »

 » Read more about: Nvidia Stock Investors Got Great News From Elon Musk  »

Semiconductor Manufacturing International Corp.’s stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition and geopolitical tensions.

Shanghai-listed shares of China’s largest outsourced chipmaker are up 120% from a September low, trouncing global sector names including Nvidia Corp.

 » Read more about: SMIC’s Nvidia-Beating 120% Stock Rally Faces Chip War Threats  »

 » Read more about: Stock Market News: Dow Set to Rise, Treasury Yields Up, Nvidia Earnings on Deck  »

Tennis Legend Rafael Nadal announced his retirement from the sport after Spain were knocked out of Davis Cup by the Netherlands. Rafael Nadal lost the final match of his professional career to Netherlands Botic van de Zandschulp in straight sets (6-4, 6-4) on Wednesday.

Social media was flourished with congratulatory messages from various athletes following Nadal’s farewell speech.

 » Read more about: 'Can Watch Real Madrid Together': David Beckham Makes Post-Retirement Plans With Rafael Nadal In Heartfelt Message; Video  »