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Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory.

Biden to ban new oil drilling over vast stretch of US Atlantic, Pacific waters

Getty Images Explores Merger With Rival Shutterstock

Getty Images explores merger with rival Shutterstock

ROME, ITALY – DECEMBER 16: Businessman and investor Elon Musk and son XAE A-12 attend Atreju 2023, conservative politcal festival, on December 16, 2023 in Rome, Italy. Italian Prime Minister Giorgia Meloni’s right-wing political party organised a four-day political festival in the Italian capital. (Photo by Alessandra Benedetti – Corbis/Corbis via Getty Images)

Musk investments not a threat to Italy, Meloni tells Corriere

By Jerrold Colten, Alberto Brambilla, and others

People check Huawei’s new Mate 70 mobile phone inside a Huawei store at the Wangfujing shopping area in Beijing on November 26, 2024. Chinese tech giant Huawei on November 26 unveiled its first smartphone equipped with a fully homegrown operating system, a key test in the firm’s fight to challenge the dominance of Western juggernauts. (Photo by ADEK BERRY / AFP) (Photo by ADEK BERRY/AFP via Getty Images)

China to subsidize smartphone purchases in bid to lift spending

US Treasury Says It Was Breached By Chinese-Backed Hacker

Computers of senior US Treasury leaders accessed in hack

A Carvana vending machine in Uniondale, New York

Hindenburg shorts Carvana, alleging ‘grift for the ages’

Delta Air Lines Airbus A220

These are the 10 most on-time airlines in the world for 2024

Close-up rear view of real estate agent adjusting for sign in front yard of house

U.S. mortgage rates approach 7% in ominous sign for housing market

Buildings at dawn in Seoul, South Korea, on Monday, Dec. 16, 2024. South Korea’s currency and its stock market rose at the open on Monday, as investors responded to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law. Photographer: SeongJoon Cho/Bloomberg via Getty Images

South Korea cuts growth forecasts after martial law fiasco

By Sam Kim and Bloomberg

Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images

India’s central bank governor sees better 2025 growth prospects

By Ruchi Bhatia and Bloomberg

Tourists from Singapore fill in digital arrival cards at the Meilan International Airport in Haikou, south China’s Hainan Province, Dec. 28, 2024. Data released by the Hainan provincial tourism and culture authority showed that the island province’s inbound tourists in 2024 surpassed the 1-million milestone on Dec. 25, a new high over the past five years. (Photo by Guo Cheng/Xinhua via Getty Images)

China’s services activity jumps as stimulus lifts local demand

A 24-hour Yonhap news TV broadcast at Yongsan Railway

Two plane crashes lead to deadliest year in skies since 2018

The tail of Jeju Air plane at the site of a plane fire at Muan International Airport in Muan County, South Korea, on Sunday

Another Jeju Air jet has landing-gear issue, returns safely

SEOUL, SOUTH KOREA – DECEMBER 14: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) In this handout photo provided by the South Korean Presidential Office, South Korean President Yoon Suk-Yeol speaks to the nation at the Presidential Office on December 14, 2024 in Seoul, South Korea. The National Assembly voted Saturday to impeach President Yoon Suk Yeol over his botched imposition of martial law, suspending him from his duties until the Constitutional Court decides whether to reinstate him or remove him from office. (Photo by South Korean Presidential Office via Getty Images)

South Korea investigators seek arrest warrant for President Yoon

By Bloomberg, Soo-Hyang Choi, and others

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in 2025, signaling greater caution over how quickly they can continue reducing borrowing costs. Photographer: Michael Nagle/Bloomberg via Getty Images

S&P 500’s 2024 rally shocked forecasters expecting it to fizzle