Prices soared earlier this year as weak harvests in West Africa plunged the world into a third straight supply deficit. https://yhoo.it/3Dm6khG
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Updates
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Nvidia stock (NVDA) is on pace for a comfortable triple-digit percentage gain again in 2024, after a nearly 240% surge in 2023. This year's rise is due in no small part to a product that wasn’t even shipped until the last quarter of the year — Blackwell. That hot demand for Blackwell and the 170% surge in Nvidia shares is what led Yahoo Finance to name the chip its 2024 Product of the Year. https://yhoo.it/4iYIWHB
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Sentiment has shot higher in recent weeks, with confidence in the business outlook over the next 12 months hitting its highest level in two and a half years. But even that hasn't come without caveats. https://yhoo.it/4iV9Sbd
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"This was, for General Motors, the year of EVs," says GM CEO Mary Barra.
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Shira Yevin, CEO and Founder of Gritty In Pink, has some advice for women looking for new career opportunities: "Never accept the first offer." More: https://lnkd.in/e-t9Z_9Y
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Party City is closing down all of its stores, ending nearly 40 years in business. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment. ✍️ via CNN Business: https://yhoo.it/4iIzuaV
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Despite signals of fewer rate cuts for 2025 Wednesday, Powell said he is satisfied with the way 2024 is ending. He noted the US economy is strong, the labor market is in solid shape, and inflation is still down significantly from where it was a year earlier. https://yhoo.it/49OxdqF
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US consumer sentiment rose for a fifth month in December and views on inflation edged up. ✍️ via Bloomberg: https://yhoo.it/405JkME
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