Dow Jones Industrial Average had a smaller gain, adding just 66.69 points higher, or 0.16%. Trading was light Monday, which is expected to continue today. The market will close at 1 p.m. for the Christmas Eve holiday. FollowShoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20.Nordstrom Inc. agreed to a $6.
25 billion buyout from members of the founding Nordstrom family and the Mexican department store El Puerto de Liverpool. The family will have majority ownership of the private company, with 50.1%, while Liverpool will own 49.9%. Common shareholders, meanwhile, will receive $24.25 in cash for each share of Nordstrom common stock they hold.U.S. President-elect Donald Trump looks on during Turning Point USA's AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Scott Kupor and Sriram Krishnan, high-profile leaders at tech venture capital firm Andreessen Horowitz, were both recently selected for key roles, following a slew of other nominations. The moves come asAn injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.The FDA said tirzepatide, the main ingredient in Eli Lilly's weight loss drug Zepbound, is no longer in shortage. That means patients will likely be unable to access compounded — or cheaper, off-brand — versions of the drug that compounding pharmacies were legally allowed to make during the shortage. Six patients told CNBC that they're worried about the price of the brand-name medicine. 'I am extremely concerned for what it's going to cost,' said Erin Hunt, 31, a communications analyst based in Maryland. 'This medication has literally changed my life.' Read more aboutUS President Joe Biden speaks about a ceasefire between Israel and Hezbollah in Lebanon, in the Rose Garden of the White House on November 26, 2024, in Washington, D
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