Business News - The Last 24 Hours

From gas to groceries, has Trump kept his promise to tackle rising prices?
BBC - 1 hour 5 min ago
President Trump promised to bring down inflation. One year on from his victory, BBC Verify revisits some of his claims.

RELATED:

FOX Business - LARRY KUDLOW: The Trump economy is booming - 2 hours 51 min ago

NDTV - 'Never Seen Men So Scared, Want US Cabinet Like That': Trump On Xi's Officials - 10 hours 9 min ago

CNBC - Trump on Democrats' election blowout: 'I don't think it was good for Republicans' - 11 hours 26 min ago

COMMENTARY:

The Guardian - Trump goes on posting frenzy a day after Democrats win key elections - 49 min 47 sec ago

The Independent - AOC says MTG’s ‘revenge tour’ was sparked by one Trump decision that enraged the MAGA firebrand - 2 hours 37 min ago

Russia Today - Trump unveils what Putin allegedly told him about Ukraine - 2 hours 43 min ago

SCMP - While Trump boasts about ending wars, China quietly works towards peace - 4 hours 27 min ago

Indiatimes - LIVE | ‘Trump Must Go!’: Protesters storm Washington, DC streets in anti-Trump rally - 5 hours 38 min ago

BusinessInsider - Mamdani's victory speech included a 4-word warning to Trump - 11 hours 40 min ago

Bessent says Supreme Court tariff hearing 'went very well' for Trump administration
FOX Business - 1 hour 6 min ago
Treasury Secretary Scott Bessent expressed confidence after a Supreme Court hearing on President Donald Trump's tariff powers, calling arguments "very optimistic" for trade policy.

CNBC - Pinterest plunges 20% after weak results as tariffs drag on ad revenue - 9 hours 18 min ago

FOX Business - Supreme Court weighs Trump administration's tariff authority under emergency powers law - 11 hours 38 min ago

Bloomberg - Trump’s Tariffs Face the Supreme Court. Here’s What’s at Stake - Bloomberg - 20 hours 57 min ago

NDTV - Majority Of Americans Say Trump Tariffs Making Life More Expensive: Survey - 22 hours 2 min ago

COMMENTARY:

Indiatimes - Supreme Court tariff case heats up — justices question Trump’s sweeping import duties, potential billions in refunds, and limits of presidential power - 1 hour 2 min ago

New York Times - Switzerland Seeks New U.S. Trade Deal Amid Trump’s Tariffs - 2 hours 2 min ago

BusinessInsider - Are Trump's tariffs too big for the president to decide alone? The Supreme Court expresses skepticism. - 5 hours 11 min ago

Sydney Morning Herald - Trump’s ‘life or death’ global tariffs scrutinised by a sceptical Supreme Court - 5 hours 59 min ago

The Independent - Lutnick, Bessent – and John Mulaney? The surprising mix of dignitaries monitoring Trump’s ‘life or death’ tariffs case - 6 hours 3 min ago

SCMP - Trump’s tariffs on trial: Supreme Court hears oral arguments - 9 hours 29 min ago

AllAfrica - Nigeria: Tinubu's 15% Import Tariff Marks Bold Step Toward $1 Trillion Economy - Otedola - 20 hours 29 min ago

The Guardian - Canada budget adds tens of billions to deficit as Carney spends to dampen Trump tariffs effect - 22 hours 13 min ago

Interest rates expected to be held as Budget looms
BBC - 1 hour 46 min ago
Most analysts believe the Bank rate will remain at 4% for now, although there could be a cut in December.

RELATED:

CNBC - In a volatile week for interest rates, mortgage demand pulled back - 13 hours 57 min ago

These 10 states offer the biggest property tax savings for American homeowners
FOX Business - 1 hour 54 min ago
Property taxes hit $3,500 median nationwide in 2024, but some states pay far less. West Virginia leads with just $728 annually, while New Jersey homeowners pay a median of $9,413.

RELATED:

FOX Business - Pressure mounts on Hochul to back Mamdani’s plan to raise taxes for NYC - 4 hours 1 min ago

BBC - The Papers: Reeves poised to break 50-year tax 'taboo' and 'Arise, Sir Becks' - 23 hours 57 min ago

COMMENTARY:

Indiatimes - This social-media stock plunges 20% today as unexpected tax charges and rising AI spending shake investor confidence — Facebook, Instagram, and WhatsApp growth sparks market concern - 2 hours 55 min ago

AllAfrica - Kenya: MP Seeks Answers On Mastercard, Visa Tax, Data Compliance - 16 hours 19 min ago

The Guardian - David Lammy to take PMQs after Reeves refuses to rule out tax rises in budget – UK politics live - 16 hours 45 min ago

Trump administration orders 10% flights cut amid shutdown
Deutsche Welle - 2 hours 10 min ago
The reduction is aimed at maintaining safety as the US confronts staffing shortages among air traffic controllers who have been working unpaid during the ongoing government shutdown.

FOX Business - Duffy announces airspace restrictions amid record government shutdown - 4 hours 24 min ago

Deutsche Welle - US troops given German food bank advice amid shutdown - 8 hours 12 min ago

NDTV - 14 Failed Votes, $7 Billion Loss: Inside Longest US Shutdown In History - 9 hours 33 min ago

Bloomberg - The US Government Shutdown Is the Longest Ever. Why Does This Keep Happening? - Bloomberg.com - 9 hours 48 min ago

COMMENTARY:

BusinessInsider - The FAA is cutting 10% of flights in 40 busy markets to ensure safety during the government shutdown - 1 hour 37 min ago

SCMP - US cutting air traffic by 10% across ‘high-volume’ markets due to shutdown - 3 hours 37 min ago

The Guardian - US to cut airline traffic by 10% due to shutdown, Trump transport chief says - 4 hours 3 min ago

The Independent - FAA cuts airline traffic in 40 markets over shutdown as Americans already face uncertainty over holiday travel plans - 4 hours 8 min ago

New York Times - Shutdown Becomes Longest in History, as Trump Officials Threaten Pain Could Worsen - 4 hours 46 min ago

Indiatimes - Government shutdown fallout: How your money, social security and investments could take a hit - 5 hours 45 min ago

Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say - Reuters
Reuters - 3 hours 34 min ago
Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say Reuters

RELATED:

Reuters - Breakingviews - Wall Street finds limits in Hong Kong’s comeback - Reuters - 13 hours 57 min ago

COMMENTARY:

SCMP - No place to call home: plight of Hong Kong’s pregnant domestic helpers - 1 hour 26 min ago

Trump touts private sector job growth, efforts to shrink federal workforce
FOX Business - 3 hours 53 min ago
President Donald Trump touted his administration's efforts to boost private sector job creation and shrink the federal government's workforce in an economic speech.

RELATED:

FOX Business - Private sector added better-than-expected 42,000 jobs in October, ADP says - 12 hours 28 min ago

Lucid misses Wall Street expectations as problems continue with SUV launch
CNBC - 4 hours 50 min ago
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.

COMMENTARY:

BusinessInsider - DoorDash's plans to spend big on tech upgrades and delivery robots in 2026 are spooking Wall Street - 2 hours 28 min ago

The Straits Times - Wall Street ends higher as solid data, strong earnings offset valuation concerns - 4 hours 2 min ago

New York Post - Wall Street bankers will get bonus bonanza for second straight year, top consultancy says - 14 hours 57 min ago

New York Times - Wall Street Laments Mamdani’s Victory and Plots Its Next Move - 15 hours 53 min ago

Hailey Bieber's Rhode brand to increae E.l.f. revenue by $200 million this year, CEO says
CNBC - 4 hours 51 min ago
E.l.f. Beauty, which acquired Hailey Bieber's beauty brand Rhode earlier this year, expects the brand to increase annual run rate revenue by $300 million.

COMMENTARY:

BusinessInsider - Sam Altman says he would be ashamed if OpenAI weren't the first company run by an AI CEO - 2 hours 44 min ago

The Hindu - Farmers’ incomes increased significantly after joining Akshayakalpa Organic: CEO Shashi Kumar - 15 hours 18 min ago

SCMP - Frenzy over Seoul eatery table used by Nvidia CEO prompts time limit - 20 hours 42 min ago

Trump calls Fed Chair Powell a ‘nincompoop’ as he renews pressure for rate cuts
FOX Business - 6 hours 8 min ago
President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who he appointed in 2017 to lead the central bank, over interest rate cuts.

Bitcoin Hammered by Long-Term Holders Dumping $45 Billion - Bloomberg
Bloomberg - 6 hours 50 min ago
Bitcoin Hammered by Long-Term Holders Dumping $45 Billion Bloomberg

COMMENTARY:

BusinessInsider - Here's what crypto pros say is next for bitcoin after its tumble into bear market territory - 7 hours 21 min ago

Indiatimes - Bitcoin is rising sharply above $103K today: Why is BTC bouncing back again? Will the correction last? Latest Bitcoin price prediction is here - 8 hours 35 min ago

The Straits Times - Crypto hit by Bitcoin whales dumping $59 billion in bets - 19 hours 42 min ago

US Supreme Court Weighs Legality Of Trump Tariffs In High Stakes Hearing
NDTV - 7 hours 8 min ago
US Supreme Court justices questioned the legality behind a wide swath of Donald Trump's tariffs on Wednesday, as they began hearing a landmark case that could uphold -- or upend -- the president's economic agenda.

COMMENTARY:

Indiatimes - US envoy flags UK drug pricing, energy costs - 7 hours 58 sec ago

The Guardian - US supreme court to hear oral arguments on legality of Trump imposing tariffs - 18 hours 57 min ago

Tesla sales in Germany have cratered from last year, data shows
CNBC - 7 hours 23 min ago
Elon Musk's EV maker began selling a new, lower-cost version of its Model Y SUV in Germany during October.

COMMENTARY:

Indiatimes - Musk the trillionaire? Debate over his Tesla pay package rages - 9 hours 38 min ago

The Independent - Musk the trillionaire? Debate over his Tesla pay package rages - 9 hours 44 min ago

BusinessInsider - Tesla has ramped up work on its long-delayed Roadster. Here's what insiders have seen. - 11 hours 9 min ago

SCMP - China’s Xpeng touts driverless cars with Alibaba’s Amap to take on Tesla - 14 hours 32 min ago

The Hindu - Tesla appoints Sharad Agarwal as India head - 18 hours 42 min ago

Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder
CNBC - 7 hours 42 min ago
Nuclear technology company Westinghouse could spin out into an independent company under a Trump administration deal to build reactors.

Retailers are raising prices to meet tariffs. Amazon is hiking more than others
CNBC - 8 hours 21 min ago
Prices on Amazon, Walmart and Target have all increased this year as retailers grapple with higher costs due to tariffs.

NDTV - Perplexity Gets Legal Threat From Amazon Over AI Agent Helping Users Shop - 19 hours 33 min ago

COMMENTARY:

BusinessInsider - Amazon is selling the new Apple Watch Ultra 3 for almost $100 off, its lowest price yet - 5 hours 10 min ago

Indiatimes - After Amazon and Meta, IBM to layoff 2700 people - experts say more tech sackings will happen this year - 6 hours 20 min ago

9,000 Challans, 500 Inspections In 24 Hours As Delhi Steps Up Pollution Enforcement
NDTV - 8 hours 33 min ago
Delhi authorities carried out over 500 inspections and issued more than 9,000 vehicular challans in the past 24 hours as part of ongoing efforts to control pollution. As per official data, the city's Air Quality Index (AQI) stood at 202 on Wednesday.

COMMENTARY:

The Guardian - Low-income areas in England and Wales face worst air pollution, analysis finds - 19 hours 57 min ago

Indiatimes - Delhi AQI Today: Air quality sees minor improvement but still unsafe to breathe; How polluted are Noida and Gurugram? - 22 hours 37 min ago

Disney unveils new show in park undergoing massive transformation
FOX Business - 9 hours 12 min ago
Ginnifer Goodwin and Nate Torrence return as voice actors for Animal Kingdom's new Zootopia show, debuting as the park undergoes major transformations.

COMMENTARY:

New York Post - Disney unveils massive transformation at Animal Kingdom with new Zootopia show - 3 hours 55 min ago

BusinessInsider - The Disney-YouTube TV spat is about so much more than two companies fighting - 6 hours 26 min ago

India: What does Bihar election mean for Modi's BJP?
Deutsche Welle - 11 hours 46 min ago
The impoverished Bihar state in northern India has turned into a key battleground between the ruling BJP and the opposition, with women and disadvantaged communities holding the key to power.

Reuters - $850 million pledge, Nvidia joins India Deep Tech Alliance as group adds new members - The Express Tribune - 18 hours 35 min ago

CNBC - Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups - 22 hours 27 min ago

COMMENTARY:

The Hindu - ‘Highest’ FPI sell-off signals waning confidence in India - 1 hour 27 min ago

Indiatimes - India blocks China-linked satellites to bolster security - 1 hour 27 min ago

Russia's Tuapse port and oil refinery shut down after drone attacks, Reuters reports - Українська правда
Reuters - 12 hours 54 min ago
Russia's Tuapse port and oil refinery shut down after drone attacks, Reuters reports Українська правда

COMMENTARY:

Russia Today - America ‘may work’ on denuclearization with Russia and China – Trump - 4 hours 50 min ago

Indiatimes - Putin signals Russia could resume nuclear tests for first time in 35 years after Trump’s surprise directive to end US moratorium - 6 hours 44 min ago

SCMP - Putin warns Russia may restart nuclear tests after Trump threat - 9 hours 13 min ago

The Guardian - Russian forces appear to tighten grip on strategic city of Pokrovsk - 12 hours 3 min ago

The Independent - Embarrassment in Moscow as Ukraine’s daring strikes hit targets deep inside Russia - 12 hours 9 min ago

BusinessInsider - A senior Russian lawmaker says Moscow just delivered new air defense systems to Venezuela - 19 hours 40 min ago

Lyft, United Airlines launch loyalty program months after Delta partnership ends
CNBC - 12 hours 57 min ago
Earlier this year, Lyft dissolved its eight-year partnership with Delta Airlines and brought its loyalty program to ride-hailing competitor Uber.

COMMENTARY:

Indiatimes - Pakistan International Airlines continues to face flight disruptions - 8 hours 59 min ago

There's an outperforming real estate sector hiding in plain sight
CNBC - 12 hours 57 min ago
Industrial outdoor storage (IOS) is suddenly seeing significant demand and rent growth amid lean supply.

COMMENTARY:

BusinessInsider - Real estate investors who expanded to 24 units in a year say the BRRRR method can help investors scale fast — if they avoid 2 costly mistakes - 15 hours 27 min ago

After years of outsized stock market returns, it’s time to reassess your portfolio ‘risk exposure,’ top-ranked advisor says
CNBC - 13 hours 42 min ago
Many financial advisors recommend rebalancing your portfolio at least once a year, if not more often. Here's why now may be an opportune time.

COMMENTARY:

BusinessInsider - Here's the stock market playbook as tech valuation fears grip Wall Street - 11 hours 54 min ago

Indiatimes - Global market selloff intensifies - here's how US stock markets could react - 13 hours 29 min ago

The Guardian - Global stock markets fall sharply over AI bubble fears - 14 hours 37 min ago

Toyota raises yearly profit forecast despite an expected $9 billion hit from U.S. tariffs
CNBC - 16 hours 55 min ago
Toyota Motor missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs.

COMMENTARY:

Indiatimes - Toyota recalls over 1 million cars for rearview camera glitch; check if your Toyota, Lexus, or Subaru is listed and what owners should do - 2 hours 42 min ago

The Independent - Toyota recalls over a million US vehicles over rear camera flaw - 9 hours 57 min ago

The Straits Times - Toyota to recall over a million US vehicles over rear-view camera flaw - 16 hours 48 min ago

M&S profits halved after cyber attack cost company £100m
BBC - 17 hours 2 min ago
Marks & Spencer's online and in-store sales were hit by a cyber attack which it said cost it £101m

RELATED:

BBC - M&S profits halved after cyber attack - 17 hours 30 min ago

COMMENTARY:

Indiatimes - Cyberattack on Marks & Spencer slices profits by more than a half - 6 hours 34 min ago

The Guardian - Marks & Spencer profits more than halve after cyber-attack - 18 hours 1 min ago

Google's $32 billion deal for Wiz clears DOJ antitrust review, Wiz CEO tells WSJ - Reuters
Reuters - 17 hours 17 min ago
Google's $32 billion deal for Wiz clears DOJ antitrust review, Wiz CEO tells WSJ Reuters

US Proposes Draft UN Resolution To Lift Sanctions On Syrian President
NDTV - 18 hours 6 min ago
The United States has proposed a draft United Nations Security Council resolution that would lift sanctions on Syrian President Ahmed al-Sharaa, who is due to meet US President Donald Trump at the White House on Monday.

COMMENTARY:

The Independent - US sanctions bankers it says launder cybercrime money to pay for North Korea’s nuclear weapons - 20 hours 38 min ago

Stocks Extend Losses, Bonds Rally on Haven Demand: Markets Wrap - Bloomberg.com
Bloomberg - 18 hours 58 min ago
Stocks Extend Losses, Bonds Rally on Haven Demand: Markets Wrap Bloomberg.com

COMMENTARY:

Indiatimes - $42 billion in corporate bonds just turned to Junk, hits decade high - is this a signal of US corporate debt crisis? - 6 hours 21 min ago