Business News - The Last 24 Hours

Fed's Cook breaks silence on Trump firing, vows to continue her duties amid legal fight
FOX Business - 1 hour 10 min ago
Federal Reserve Governor Lisa Cook addresses her legal battle with Trump for the first time, vowing to continue duties as the Supreme Court prepares for a January decision.
RELATED:
FOX Business - Fed president explains vote against interest rate cut - 7 hours 43 min ago
COMMENTARY:
Indiatimes - Fed risks a recession if it doesn't cut rates rapidly, a top official warns - 19 hours 30 min ago



Trump admin to partially resume SNAP benefits as shutdown drags on
FOX Business - 1 hour 54 min ago
The Trump administration said it will partially fund SNAP program through November, though payments could be reduced or delayed for weeks.
RELATED:
NDTV - US Government Shutdown Forces Cuts To Food Aid For 42 Million Americans - 3 hours 33 min ago
CNBC - Trump admin agrees to fund some SNAP benefits amid shutdown - 4 hours 44 min ago
COMMENTARY:
Indiatimes - LIVE | 'We can’t let millions go hungry': Hakeem Jeffries speaks as govt shutdown continues - 2 hours 50 min ago
The Independent - White House turns back the clock and creates MySpace-like page to mock Democrats over shutdown - 5 hours 10 min ago
The Guardian - US government shutdown nearing record for longest in history as Trump delays food benefits to millions – US politics live - 10 hours 55 min ago
BusinessInsider - Trump's major student-loan repayment overhaul continues during the government shutdown - 11 hours 43 min ago
New York Times - As Government Shutdown Slows Air Traffic Training, These Schools Are Stepping In - 21 hours 57 min ago



Tech rules Monday's stock market — plus, Eli Lilly's big comeback and new vote of confidence
CNBC - 2 hours 33 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
RELATED:
CNBC - Jim Cramer's top 10 things to watch in the stock market Monday - 8 hours 22 min ago
Bloomberg - Green Investors Enjoy Huge Returns as Stock Market Powers Through Trump’s Attacks - Bloomberg.com - 8 hours 46 min ago
COMMENTARY:
BusinessInsider - Investors should watch for these 3 signs that the bull market in stocks is in danger - 4 hours 56 min ago
Indiatimes - Why US stock markets are rising today? Key reasons you need to take note - 5 hours 53 min ago
SCMP - Can Philippine regulators fix world’s worst performing stock market? - 12 hours 46 min ago
The Hindu - Stock markets decline in early trade - 16 hours 14 min ago



Fed Governor Lisa Cook, in first policy speech since Trump suit, says she's undecided on Dec. rate cut
CNBC - 2 hours 49 min ago
The central banker said Monday that she supported the recent interest rate reduction and indicated she would be open to more.



Russian push for OPEC+ action pause met no Saudi resistance, sources say - Reuters
Reuters - 3 hours 40 min ago
Russian push for OPEC+ action pause met no Saudi resistance, sources say  Reuters
COMMENTARY:
New York Times - OPEC Plus Signals Cautious Approach to Oil Production - 12 hours 7 min ago



Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
CNBC - 4 hours 25 min ago
The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.
RELATED:
Bloomberg - Microsoft’s $9.7B Move to Tackle the AI Capacity Crunch - Bloomberg.com - 6 hours 28 min ago
COMMENTARY:
The Independent - Microsoft to ship 60,000 Nvidia AI chips to UAE under US-approved deal - 6 hours 30 min ago
BusinessInsider - An under-the-radar AI stock is surging on news of a blockbuster deal with Microsoft - 8 hours 5 min ago
Indiatimes - IREN stock share price today rises after $9.7 billion Microsoft GPU cloud services deal. Here's companies statements, stock price performance and deal's impact on AI and cloud infrastructure market - 9 hours 48 min ago



Nearly two dozen states sue Trump admin over rule limiting student loan forgiveness for public servants
CNBC - 4 hours 45 min ago
New York Attorney General Letitia James is suing the Trump administration over its new rule limiting eligibility for Public Service Loan Forgiveness.
RELATED:
CNBC - Trump says he has 'no idea who' Binance's CZ is after pardoning him - 6 hours 34 min ago
NDTV - Trump Threatens Military Operation In Nigeria Over 'Christian Killings' - 8 hours 57 min ago
BBC - 'No idea who he is', says Trump after pardoning crypto tycoon - 15 hours 58 min ago
Deutsche Welle - Trump says there 'could be' US military action in Nigeria - 18 hours 39 min ago
FOX Business - Trump says he won’t attend Supreme Court hearing on his trade policies - 22 hours 14 min ago
COMMENTARY:
SCMP - Following the Xi-Trump summit, is the G2 back on track? - 44 min 2 sec ago
Indiatimes - 3I/ATLAS: Trump-fav US lawmaker presses NASA for answers on ‘interstellar visitor’ comet 3I/ATLAS, urges public release of images - 2 hours 9 min ago
The Guardian - Australia politics live: Keating says he gave ‘fighting points’ to PM for Trump meeting in case president turned nasty - 2 hours 17 min ago
The Independent - Stephen Colbert says it’s ‘self-evident’ that Trump settlement is ‘damaging to the reputation’ of CBS - 2 hours 54 min ago
Sydney Morning Herald - Trump may have started this global trade war, but Xi’s winning it - 4 hours 14 min ago
BusinessInsider - 'We will not let this stand': Trump's new rule that blocks student-loan forgiveness for some public servants is hit with a fresh lawsuit - 4 hours 39 min ago
New York Times - Trump Administration to Send Only Partial Food Stamp Payments This Month - 4 hours 45 min ago
New York Post - ‘60 Minutes’ edits out Trump’s bragging about $16M settlement from CBS: ‘Paid me a lotta money’ - 7 hours 28 min ago
Russia Today - Trump hints Maduro’s days are numbered - 15 hours 22 min ago
The Hindu - Trump says Nvidia's Blackwell AI chip not for 'other people' - 18 hours 56 min ago



Tesla faces widening federal probe into door handle safety issues
CNBC - 5 hours 6 min ago
Elon Musk's automaker faces a widening probe concerning alleged safety defects with the company's flush-mounted, electronic door handles.
RELATED:
NDTV - Brand New Tesla Struck By Mystery Object In Australia, Experts Suspect Meteorite: "It Was Loud" - 6 hours 46 min ago
COMMENTARY:
The Independent - Tesla sued by family who says faulty doors led to death of parents in fiery Wisconsin crash - 2 hours 19 min ago
BusinessInsider - Competition is surging in China's EV market, and it's hurting Tesla's biggest rival - 7 hours 1 min ago
New York Times - Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan - 12 hours 12 min ago
Indiatimes - Sam Altman didn't receive $50,000 refund for Tesla Roadster he booked 7.5 years ago. Elon Musk gives a fiery response - 18 hours 2 min ago



OpenAI Strikes $38 Billion Infrastructure Deal With Amazon AWS
NDTV - 5 hours 14 min ago
ChatGPT-maker OpenAI signed a $38 billion deal Monday with Amazon's AWS cloud computing arm, as the artificial intelligence company continues on a major partnership spree that has also included Oracle, Broadcom, AMD and chip-making juggernaut Nvidia.
RELATED:
BBC - ChatGPT owner OpenAI signs $38bn cloud computing deal with Amazon - 6 hours 2 min ago
CNBC - Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days - 6 hours 19 min ago
NDTV - "Unfortunately, Your Role Is Eliminated": Amazon's Layoff Email To Employees - 12 hours 58 min ago
COMMENTARY:
The Straits Times - S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky - 46 min 42 sec ago
The Independent - OpenAI and Amazon sign $38 billion deal for AI computing power - 47 min 36 sec ago
New York Post - OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services - 2 hours 42 min ago
BusinessInsider - How Amazon flipped the script on a challenging week - 4 hours 14 min ago
Indiatimes - Amazon layoffs shock: Staff notified by text before arriving to work & get locked out of offices as badges were deactivated - 6 hours 41 min ago



Warren Buffett may have cut Berkshire's stake in Apple again in the third quarter
CNBC - 5 hours 28 min ago
In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.
COMMENTARY:
BusinessInsider - The best AirPods of 2025: We tested all of Apple's headphones so you don't have to - 1 hour 23 min ago



Huge tax cuts not currently realistic, Farage says
BBC - 5 hours 28 min ago
The Reform UK leader rows back on his party's previous promise to deliver £90bn of tax cuts.
RELATED:
BBC - Labour MPs back gambling tax to fight child poverty - 11 hours 40 min ago
CNBC - 'Useless' and 'hopeless': Ryanair CEO slams U.K. government over travel tax - 13 hours 48 min ago
COMMENTARY:
New York Times - Are Wealth Taxes the Best Way to Tax the Ultra Rich? - 2 hours 53 sec ago
The Independent - Town furious after being duped into 89% property tax increase to fund $80M indoor football stadium - 4 hours 7 min ago
Indiatimes - China cuts gold tax exemption for some retailers which may curb buying - 12 hours 16 min ago
AllAfrica - Nigeria: Nigeria Introduces 10% Withholding Tax On Short-Term Securities - 17 hours 22 min ago



Yuan topples dollar in China's trade, but hits speed bumps
Deutsche Welle - 5 hours 34 min ago
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly usurping the greenback.
RELATED:
Bloomberg - Copper Declines for Third Day on Concerns Over China’s Economy - Bloomberg.com - 14 hours 40 min ago
NDTV - How US, China Statements Compare Post Xi-Trump Summit. A Breakdown - 15 hours 37 min ago
CNBC - China's factory activity slows down in October, missing expectations, private PMI shows - 20 hours 13 min ago
COMMENTARY:
SCMP - Tariffs in court: Trump cites China deal to defend key trade policy - 2 hours 12 min ago
New York Times - China Started Separating Its Economy From the West Years Ago - 5 hours 53 min ago



Trump backtracks on attending Supreme Court tariffs case arguments
CNBC - 6 hours 34 min ago
Lower federal courts ruled that President Trump did not have authority under the law he cited to imposed reciprocal and fentanyl tariffs on imports.
RELATED:
Reuters - Supreme Court won't stop Trump's tariffs. Deal with it, officials say - Reuters - 10 hours 45 min ago
CNBC - India now incurs higher U.S. tariffs than China. What does it say about Trump's foreign policy? - 14 hours 12 min ago
NDTV - Supreme Court May Redefine Trump's Favourite Foreign Policy Tool - Tariffs - 19 hours 36 min ago
BBC - Trump tariffs head to Supreme Court in case eagerly awaited around the world - 21 hours 44 sec ago
COMMENTARY:
The Independent - Trump tariffs on pasta could soon top 100 percent: ‘Double the price’ - 33 min 46 sec ago
Indiatimes - PM Modi meets exporters hit by US tariffs, seeks industry feedback - 3 hours 26 min ago
New York Times - The Economic and Legal Case Against Trump’s Tariffs - 8 hours 46 min ago
The Straits Times - Asia’s factories stumble in October as US tariffs hit order books - 17 hours 32 min ago
SCMP - How Thailand melted tariff barriers to become Asia’s top ice cream exporter - 20 hours 53 min ago



Ukraine: Battle for Pokrovsk intensifies as Russia advances
Deutsche Welle - 6 hours 55 min ago
Russian forces have claimed advances in Pokrovsk, a vital transport and logistics hub in Ukraine's Donetsk region. The Ukrainian army says that it is holding out for now.
RELATED:
Deutsche Welle - Ukraine: Battle for Pokrovsk intensifies as Russia avdances - 6 hours 55 min ago
NDTV - "No, Not Really": Trump On Plans To Sell Tomahawks To Ukraine - 19 hours 15 min ago
COMMENTARY:
Russia Today - Trump comments on Tomahawks for Ukraine - 3 hours 7 min ago
Indiatimes - Ukraine gets more Patriot air defense systems to counter deadly Russian attacks - 3 hours 43 min ago
The Independent - Ukraine military using video game-style reward system earning points killing Russians with drones - 8 hours 6 min ago
Sydney Morning Herald - Does Australia still stand with Ukraine? The reality no longer matches the rhetoric - 17 hours 44 min ago



"I Get Flashbacks": Air India Crash Sole Survivor Shares Anguish
NDTV - 7 hours 6 min ago
The only survivor of June's Air India crash has told UK media of the mental and physical anguish he has endured since surviving the deadly disaster in the Indian city of Ahmedabad.
RELATED:
NDTV - Canada Rejects 3 In 4 Indian Applicants Amid Immigration Clampdown - 8 hours 58 min ago
BBC - How India finally embraced World Cup fever - 13 hours 55 min ago
Associated Press - India win first Women’s Cricket World Cup with 52-run victory - Business Viewpoint Magazine - 15 hours 52 min ago
Reuters - India's RBI to meet banks, dealers amid liquidity strain, say sources - Reuters - 17 hours 41 min ago
COMMENTARY:
Indiatimes - Non-US markets make up for loss of exports for India - 2 hours 48 min ago
The Hindu - India's bioeconomy sector to reach $300 billion by 2030: NITI Aayog report - 8 hours 6 min ago
Sydney Morning Herald - Sole survivor of Air India plane crash speaks - 13 hours 47 min ago
SCMP - At least 20 killed as passenger bus hits parked gravel truck in India - 15 hours 2 min ago
The Guardian - Sole survivor of Air India crash says death of brother ‘took all my happiness’ - 16 hours 13 min ago



Russia tries to re-stake its claim to China after Trump's meeting with Xi
CNBC - 8 hours 18 min ago
Russian officials appeared eager to reafiirm Moscow's alliance with China following President Donald Trump's meeting with Xi Jinping last week.
RELATED:
Deutsche Welle - NGOs seek support for political prisoners in Russia - 16 hours 49 min ago
Reuters - India's BPCL buys Upper Zakum crude for December to replace Russian oil, sources say - Reuters - 19 hours 28 min ago
COMMENTARY:
Indiatimes - Trump to take out Maduro? Venezuela deploys Russia's S-300 missile system that can down American jets and missiles - 2 hours 51 min ago
Russia Today - EU pressuring Balkan state to end visa-free travel for Russians – Moscow - 4 hours 10 min ago
The Independent - Why Russia is so desperate to win the battle of Pokrovsk and what happens next - 5 hours 39 min ago



MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
CNBC - 8 hours 47 min ago
Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company's board.
RELATED:
CNBC - Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy - 11 hours 44 min ago
NDTV - "Memories Of 1983, 2011": Indian-Origin CEOs On India's Women World Cup Win - 17 hours 31 min ago
FOX Business - McDonald's CEO picks surprising winner as his favorite menu item in LinkedIn tournament - 19 hours 27 min ago
COMMENTARY:
The Independent - Walmart CEO warns that each of its 1.6 million jobs will be changed by AI - from CEO to checkout clerks - 1 hour 2 min ago
Indiatimes - Outsourcing will continue to rise despite AI, but GCCs to help add new layer of growth: Christoph Schweizer, CEO of Boston Consulting Group - 3 hours 21 min ago
AllAfrica - Ghana: Eoco Refutes False Reportage of Negligence in Relation to Springfield Energy CEO's Alleged Arrest - 6 hours 38 min ago
The Straits Times - ST Explains: What could have led to David Seow’s sacking as Fu Yu CEO? - 11 hours 19 min ago
SCMP - CEO of Singapore-owned Optus refuses to resign after deadly Australian outage - 21 hours 28 min ago



Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
CNBC - 9 hours 17 min ago
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.
COMMENTARY:
BusinessInsider - There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America - 10 hours 26 min ago
Indiatimes - India no longer consumer of technology, but pioneer in technology-driven transformation, says PM Modi - 12 hours 56 min ago



Sovereign funds of Norway, Abu Dhabi and Singapore to invest in India's Groww IPO, sources say - Reuters
Reuters - 11 hours 41 min ago
Sovereign funds of Norway, Abu Dhabi and Singapore to invest in India's Groww IPO, sources say  Reuters



Clooney says Harris replacing Biden was a 'mistake'
BBC - 12 hours 45 min ago
But the actor adds that he has no regrets about calling for Biden to quit the US presidential race.
COMMENTARY:
The Independent - Ex-CIA chief John Brennan jabs activist in the chest after being confronted over Hunter Biden laptop claim - 9 hours 50 min ago
The Guardian - George Clooney says replacing Joe Biden with Kamala Harris ‘was a mistake’ - 20 hours 48 min ago



Tesla to buy $2 bln of ESS batteries from Samsung SDI over 3 years, newspaper says - Reuters
Reuters - 13 hours 25 min ago
Tesla to buy $2 bln of ESS batteries from Samsung SDI over 3 years, newspaper says  Reuters
COMMENTARY:
BusinessInsider - The best Samsung Galaxy Z Fold 7 cases - 2 hours 26 min ago
Indiatimes - Samsung Galaxy S26 Series launch date: New S series may come one month late but with a 'Plus' model. Check details - 15 hours 18 min ago



China's Manufacturing Growth Slows in October, Survey Shows
NDTV - 13 hours 50 min ago
China's manufacturing activity expanded less than forecast in October, a private survey showed, adding to worrying signs about the economy's momentum as the year winds down.
COMMENTARY:
Indiatimes - Manufacturing activity picks up in October on GST relief, tech investments - 2 hours 54 min ago
AllAfrica - Nigeria: Man Foresees Improved Manufacturing Output in 2026 - 11 hours 58 min ago
The Hindu - India manufacturing growth picks up in October as domestic demand strengthens, PMI shows - 16 hours 4 min ago



Ryanair Lifts Passenger Traffic Goal as Boeing Handovers Improve - Bloomberg
Bloomberg - 16 hours 14 min ago
Ryanair Lifts Passenger Traffic Goal as Boeing Handovers Improve  Bloomberg



Exclusive: Turkey buys more non-Russian oil after latest Western sanctions, sources say - Reuters
Reuters - 16 hours 15 min ago
Exclusive: Turkey buys more non-Russian oil after latest Western sanctions, sources say  Reuters
COMMENTARY:
SCMP - US calls for UN sanctions on 7 vessels over North Korea exports - 2 hours 25 min ago



Trump Was Asked Who Is "Tougher" To Deal Between Putin And Xi. His Reply
NDTV - 17 hours 18 min ago
US President Donald Trump was all praise for his Russian and Chinese counterparts, Vladimir Putin and Xi Jinping, when asked who among the two global leaders was tougher to deal with.
COMMENTARY:
Russia Today - Putin & Xi ‘not to be toyed with’ – Trump - 13 hours 33 min ago
The Independent - Ukraine-Russia war latest: Trump says won’t sell Tomahawks to Kyiv for now after Putin threats - 18 hours 25 min ago