(Bloomberg) — Stocks lost traction following a furious post-election rally that spurred calls for a pause amid signs of buyer fatigue. Most Read from Bloomberg Equities fell from near all-time highs, with the S&P 500 pushing away from technically overbought levels. That’s after a surge that drove the benchmark gauge up 25% this year. Several measures highlight “stretched” trader optimism, including the latest figures from the American Association of Individual

The U.S. Consumer Product Safety Commission on Thursday issued an urgent warning about portable adult bed rails, saying the devices are behind the suffocation deaths of 18 people since 2021. The agency’s safety alert coincided with the ninth recall of portable bed rails in three years. Medical King of Brooklyn, New York, is recalling about 220,000 adult portable bed rails due to entrapment and asphyxia risks. The recall follows the

Warren Buffett doesn’t like stocks as much as he used to. That’s evident from the fact that he’s been a net seller of stocks for eight consecutive quarters. But Buffett hasn’t lost his enamor with all stocks. The “Oracle of Omaha” has even invested $2.9 billion in one stock this year. What is it — and is it a no-brainer buy now? Start Your Mornings Smarter! Wake up with Breakfast news

Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts. Evelyn Cheng | CNBC BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining multiple images. Vidu already allows users worldwide to create 8-second clips based on written prompts. While OpenAI — the maker of ChatGPT —

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More people have gotten sick in the E. coli outbreak linked to Quarter Pounders More people have gotten sick in the E. coli outbreak linked to Quarter Pounders 00:18 A deadly E. coli outbreak linked to slivered onions on McDonald’s Quarter Pounder burgers has sickened 104 people in 14 states, federal health officials said in an update on Wednesday.  At least 34 people have been hospitalized, and four developed hemolytic

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Check out the companies making headlines in extended trading. CNH Industrial — Shares popped nearly 8% after Greenlight Capital’s David Einhorn at CNBC’s Delivering Alpha conference told attendees he took a medium-sized position in the agricultural equipment company. Cisco Systems — Shares inched lower by less than 1% even after Cisco Systems posted a beat on the top and bottom lines in the fiscal first quarter. The San Jose, California-based

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Breadcrumb Trail Links News Economy Retail & Marketing ‘Hopeful that we will kind of hold our nose and get through it’ Published Nov 13, 2024  •  Last updated 1 hour ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Michael McCain was the keynote speaker at a Canadian Club event at the Fairmont Royal York Hotel, Nov. 12,