Business News - The Last 24 Hours

Ongoing government shutdown and AI fears are putting the market under pressure, Jim Cramer says
CNBC - 46 min 8 sec ago
CNBC's Jim Cramer unpacked Thursday's market decline.

RELATED:

FOX Business - America’s top 10 busiest airports face flight cuts as the government shutdown drags on - 2 hours 14 min ago

CNBC - Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown - 10 hours 1 min ago

NDTV - US To Cut 10% Of Flights At 40 Major Airports Amid Longest Shutdown - 20 hours 33 min ago

BBC - US to cut flights at 40 airports if shutdown doesn't end, transportation secretary warns - 22 hours 32 min ago

Reuters - Exclusive: US orders 10% flights cut at major US airports due to shutdown - Reuters - 23 hours 12 min ago

COMMENTARY:

New York Times - What Travelers Need to Know About the Shutdown, Flight Reductions and Delays - 3 hours 8 min ago

The Guardian - List of US airports cutting flights on Friday due to federal government shutdown - 4 hours 59 sec ago

The Independent - As government shutdown forces airspace closure, what are your rights if your flight gets cancelled? - 6 hours 8 min ago

Indiatimes - ‘Meet us now!’: Democrats flex new power after election wins, demand Trump talks | US Govt Shutdown - 8 hours 52 min ago

SCMP - US government shutdown muddies China trade as agricultural officials miss expo - 11 hours 31 min ago

China's key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
CNBC - 1 hour 5 min ago
China's strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.

Trump unveils deals to lower prices of weight loss drugs
Deutsche Welle - 1 hour 19 min ago
Weight loss drug brands Ozempic, Wegovy and Mounjaro have risen sharply in popularity in the US, but they are still considered unaffordable.

NDTV - US Top Court Backs Trump On Transgander, Non-Binary Passport Rules - 2 hours 27 min ago

CNBC - Judge orders Trump administration to pay full SNAP benefits for November by Friday - 3 hours 3 min ago

FOX Business - Trump announces deal with drugmakers to lower cost of weight-loss drugs - 7 hours 20 min ago

Deutsche Welle - Trump warns of 'communism' after Mamdani elected NYC mayor - 21 hours 30 min ago

COMMENTARY:

New York Post - Trump touts affordability while inflation rages across America on everything from food to furniture to cars - 46 min 40 sec ago

The Independent - Ivanka Trump shredded online for hawking food business as millions of Americans face SNAP cuts - 2 hours 20 min ago

Russia Today - Pharma rep collapses as Trump announces drug price cuts (VIDEO) - 2 hours 28 min ago

New York Times - What Trump’s New Drug Pricing Deal Means for People With Obesit - 2 hours 37 min ago

Indiatimes - Trump presser ends in chaos as drug executive collapses; Dr Mehmet Oz rushes to help - 2 hours 44 min ago

Sydney Morning Herald - Man faints next to Trump's White House desk - 2 hours 55 min ago

The Guardian - US judge orders Trump administration to fully fund Snap benefits in November - 3 hours 2 min ago

BusinessInsider - Mark Cuban applauds longtime foe Donald Trump for slashing Ozempic cost to $150: 'I think it's great' - 5 hours 21 min ago

SCMP - Trump gets another shot at erasing his hush money conviction - 7 hours 47 min ago

Elon Musk's $1tn pay deal approved by Tesla shareholders
BBC - 1 hour 36 min ago
The richest man in the world will get hundreds of millions of new shares if he hits his targets.

Deutsche Welle - Tesla shareholders approve $1 trillion pay package for Musk - 2 hours 7 min ago

NDTV - Tesla Shareholders Approve $1 Trillion Pay Package For Elon Musk - 2 hours 21 min ago

FOX Business - Tesla shareholders to decide fate of Musk's $1T pay package - 11 hours 30 min ago

COMMENTARY:

BusinessInsider - Tesla will 'examine' an investment in Elon Musk's xAI - 1 hour 13 min ago

SCMP - Tesla shareholders approve US$1 trillion pay package for Elon Musk - 2 hours 5 min ago

New York Post - Tesla shareholders approve Elon Musk’s historic $1 trillion pay package — here’s when he could pocket the windfall - 2 hours 22 min ago

The Independent - Musk could become history's first trillionaire as Tesla shareholders approve giant pay package - 2 hours 23 min ago

New York Times - Tesla Investors Back Musk’s Trillion Dollar Payday - 2 hours 34 min ago

Indiatimes - Crucial day for Elon Musk: Will he get $1 trillion pay package? Tesla shareholders vote today - 8 hours 34 min ago

The Hindu - Elon Musk the trillionaire? Debate over his Tesla pay package rages - 20 hours 52 min ago

Fed's Hammack leans against more rate cuts because of high inflation - Reuters
Reuters - 3 hours 4 min ago
Fed's Hammack leans against more rate cuts because of high inflation Reuters

UN Removes Sanctions On Syria's President Ahead Of Meeting With Trump
NDTV - 3 hours 29 min ago
The United Nations Security Council removed sanctions on Syrian President Ahmed al-Sharaa, who is due to meet US President Donald Trump at the White House on Monday.

RELATED:

Deutsche Welle - Shein: France urges EU sanctions over 'childlike' sex dolls - 7 hours 9 min ago

COMMENTARY:

Russia Today - UN Security Council lifts sanctions on Syria’s president - 3 hours 7 min ago

Indiatimes - North Korea says antagonised by US sanctions, will respond - 22 hours 3 min ago

Trump praises Walmart for slashing Thanksgiving meal prices
FOX Business - 3 hours 30 min ago
President Trump praised Walmart's cheaper Thanksgiving deals as grocery giants offer holiday meal bundles under $40 for families of 10.

McDonald's U.S. boss puts focus on 'value and affordability' as consumer spending splits
CNBC - 3 hours 30 min ago
McDonald's U.S. President Joe Erlinger told operators the brand was "moving in the right direction" as it continues a more-than-yearlong push on value.

FOX Business - Top 5 most expensive drugs for consumers - 12 hours 31 min ago

COMMENTARY:

New York Times - Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project - 5 hours 6 min ago

SCMP - Luxury and lifestyle giants signal confidence in China’s consumer recovery - 13 hours 1 min ago

Number of Billion Dollar US IPOs Falls Far Behind Private Rounds - Bloomberg.com
Bloomberg - 4 hours 37 sec ago
Number of Billion Dollar US IPOs Falls Far Behind Private Rounds Bloomberg.com

COMMENTARY:

AllAfrica - Africa: Optasia Raises $345m in South Africa's Largest Fintech IPO - 12 hours 26 min ago

The Hindu - SEBI expands IPO anchor book size to 40% to broaden institutional investors participation - 13 hours 34 min ago

The Straits Times - Coliwoo opens at 61.5 cents in SGX debut, 2.5% above IPO price - 20 hours 53 min ago

Palantir CEO Alex Karp blasts Ivy League grads supporting socialist Mamdani
FOX Business - 4 hours 3 min ago
Alex Karp speaks out against elite education after Zohran Mamdani becomes New York City's first socialist mayor in nearly a century with Ivy League support.

CNBC - CarMax stock falls more than 10% as CEO steps down - 11 hours 31 min ago

NDTV - Musk A Trillionaire? Debate Over Tesla CEO's Pay Package Rages - 21 hours 59 min ago

COMMENTARY:

The Straits Times - Sacked CEO fires back at Fu Yu demanding $2 million over salary and alleged defamation - 1 hour 16 min ago

The Guardian - Tesla shareholders to vote on $1tn pay package for CEO Elon Musk - 3 hours 31 min ago

The Hindu - Physicswallah is different from “early players”: CEO - 8 hours 8 min ago

BusinessInsider - Figma CEO says Charli XCX's 'Brat' album cover is an example of why AI won't replace humans anytime soon - 14 hours 16 sec ago

Indiatimes - Comet 3I/ATLAS can 'wipe out an entire continent?': SpaceX CEO's stunning claim as mystery around interstellar object deepens - 14 hours 54 min ago

SCMP - Nvidia CEO Jensen Huang warns China will ‘win the AI race’: report - 16 hours 10 min ago

Apple's AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers
CNBC - 4 hours 25 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

RELATED:

NDTV - Apple To Use Google's Gemini Model To Run New Siri: Report - 20 hours 33 min ago

COMMENTARY:

Indiatimes - Pluribus release time, episode schedule and where to watch: When will new season air? Here's release date, Apple TV+ episode schedule, plot, global release timings, where to watch online - 1 hour 24 min ago

SCMP - Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri - 15 hours 3 min ago

The Straits Times - Apple nears deal to pay Google roughly $1.3 billion a year for Siri AI model - 19 hours 46 min ago

Retailers' holiday hiring to hit lowest level since the Great Recession, says major industry trade group
CNBC - 4 hours 42 min ago
The major industry group's prediction offers the latest glimpse into the jobs market as the record government shutdown stretches on.

COMMENTARY:

Indiatimes - Housing chill: US home value growth hits near-zero, echoes pre-recession years - 5 hours 3 min ago

Talks With PM Modi Going Well, Will Visit India: Trump Amid Trade Logjam
NDTV - 5 hours 2 min ago
US President Donald Trump said on Thursday his talks with Prime Minister Narendra Modi were going well and that he would be visiting New Delhi, as negotiations over trade continued.

RELATED:

NDTV - Ethiopia To Adopt India's Flagship Initiative For Poverty Alleviation - 8 hours 25 min ago

Reuters - India plans to retain cap on voting rights for large shareholders in banks, sources say - Reuters - 14 hours 15 min ago

Deutsche Welle - India repatriating nationals who fled Myanmar scam center - 15 hours 12 min ago

COMMENTARY:

Indiatimes - Trump plans likely India visit next year; says talks with PM Modi 'going well' - 5 hours 15 min ago

The Hindu - India needs a lot of big, world-class banks, talks on with RBI, lenders: FM - 8 hours 52 min ago

Exclusive: Google deal makes Amazon reforestation its top source of carbon removal credits - Reuters
Reuters - 5 hours 22 min ago
Exclusive: Google deal makes Amazon reforestation its top source of carbon removal credits Reuters

COMMENTARY:

BusinessInsider - Startups find Amazon's AI chips 'less competitive' than Nvidia GPUs, internal document shows - 5 hours 17 min ago

The Hindu - Amazon Web Services Marketplace expanded in India - 15 hours 24 min ago

Indiatimes - Jeff Bezos' ex-wife MacKenzie Scott cuts her Amazon stake by $12.6 billion, gives away $80 million as one of largest donations - 16 hours 50 min ago

US shutdown sends airlines scrambling as travel chaos looms - Reuters
Reuters - 5 hours 46 min ago
US shutdown sends airlines scrambling as travel chaos looms Reuters

RELATED:

FOX Business - United Airlines to offer refunds because of shutdown-caused flight restrictions - 11 hours 20 min ago

COMMENTARY:

New York Times - Airlines Rush to Prepare for Federal Reductions in Flights - 2 hours 32 min ago

BusinessInsider - Airlines cut back flights at 40 US airports amid the shutdown. Here's what to do if your flight is delayed or canceled. - 3 hours 3 min ago

Indiatimes - US shutdown sends airlines scrambling as travel chaos looms - 9 hours 56 min ago

Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI
FOX Business - 6 hours 15 min ago
U.S. employers announced 153,074 job cuts in October 2025, marking a 175% increase from the previous year and the highest total for the month of October since 2003.

COMMENTARY:

New York Post - AI wreaks havoc on US jobs with two-decade high 150K cut in October – bringing 2025 total to 1M: report - 3 hours 50 min ago

BusinessInsider - Indeed lays off a 'very small' number of employees months after summer job cuts - 8 hours 31 min ago

Indiatimes - Layoffs Surge 175% in October — 153,000 Jobs Cut, Worst Since 2003 as AI and Cost-Cutting Bite Hard - 9 hours 24 min ago

US trade official warns up to $200B hangs in the balance as SCOTUS weighs Trump tariff case
FOX Business - 6 hours 47 min ago
Supreme Court weighs Trump tariffs as up to $200 billion hangs in balance. Trade representative warns of massive economic shake-up if import duties are overturned.

RELATED:

NDTV - US Supreme Court Questions Legality Of Donald Trump's Sweeping Tariffs - 17 hours 24 min ago

COMMENTARY:

SCMP - US-China trade truce raises hopes of an EU-China reset - 12 hours 1 min ago

Indiatimes - US elections show Trump's edge on the economy slipping - 19 hours 55 min ago

Microsoft forms superintelligence team under AI chief Suleyman 'to serve humanity'
CNBC - 6 hours 58 min ago
The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.

COMMENTARY:

BusinessInsider - Microsoft forms superintelligence team to rival Meta's, stresses 'humanist' focus - 5 hours 8 min ago

Indiatimes - Microsoft apologizes to 2.7 million customers, offers refunds over misleading Microsoft 365 subscription pricing: Check how to claim - 15 hours 12 min ago

Labour should stick to manifesto pledge on tax, deputy leader says
BBC - 7 hours 39 min ago
The government has repeatedly refused to rule out increasing income tax in this month's Budget.

BBC - Government considering new tax on EV drivers in Budget - 16 hours 40 min ago

COMMENTARY:

The Guardian - Lucy Powell says Labour must stand by promise not to raise key taxes - 5 hours 47 min ago

The Straits Times - S’pore needs to keep up with global tax changes to stay competitive in tough times: SMS Jeffrey Siow - 14 hours 26 min ago

AllAfrica - Nigeria: CSOs Raise Red Flag Over FIRS Officials As New Tax Regime Looms - 16 hours 40 min ago

Warning Signs of Euphoria Keep Piling Up in the Stock Market - Bloomberg.com
Bloomberg - 7 hours 47 min ago
Warning Signs of Euphoria Keep Piling Up in the Stock Market Bloomberg.com

COMMENTARY:

The Guardian - US stock market values tumble amid reports of high layoffs and hiring freezes - 5 hours 56 min ago

Indiatimes - US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colors - 6 hours 48 min ago

BusinessInsider - Legendary investor Ray Dalio says the stock market is headed for one last hurrah before the bubble bursts - 8 hours 3 min ago

SCMP - Has Trump 2.0 really been a boon to stock markets and the economy? - 16 hours 1 min ago

The Hindu - Stock markets bounce back in early trade amid rally in global peers, buying in blue-chips - 19 hours 35 min ago

US Judge Drops Criminal Charges Against Boeing Over 737 MAX 8 Aircraft Crashes
NDTV - 8 hours 11 min ago
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors.

Reuters - Boeing settles with families of three 737 MAX crash victims - Reuters - 13 hours 44 min ago

COMMENTARY:

Russia Today - Boeing dodges criminal charge over 737 MAX crashes that killed 346 - 29 min 15 sec ago

The Independent - Judge dismisses criminal conspiracy charge against Boeing over 737 Max plane crashes - 6 hours 28 min ago

Will Bank of England governor play Santa or Scrooge on interest rates?
BBC - 9 hours 14 min ago
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.

COMMENTARY:

The Guardian - Bank of England’s decision to keep interest rates at 4% is not all doom and gloom - 11 hours 8 min ago

How Fresh US Tariff Doubts Will Play Out Among Trading Partners - Bloomberg.com
Bloomberg - 10 hours 52 min ago
How Fresh US Tariff Doubts Will Play Out Among Trading Partners Bloomberg.com

RELATED:

Bloomberg - Supreme Court Appears Skeptical of Trump’s Global Tariffs - Bloomberg.com - 18 hours 18 min ago

FOX Business - Bessent says Supreme Court tariff hearing 'went very well' for Trump administration - 23 hours 40 min ago

COMMENTARY:

New York Post - Temu offers ‘aggressive’ payouts to lure US retailers as Chinese company grapples with tariffs - 1 hour 16 min ago

New York Times - Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’ - 5 hours 53 min ago

Indiatimes - SC to block Trump tariffs? Justices grill Trump lawyers, 'Which powers are you speaking of there?’ - 7 hours 55 min ago

BusinessInsider - I'm a CEO pivoting my business abroad because of tariffs. I'm treating the US like hot lava. - 13 hours 36 min ago

AllAfrica - Nigeria: Dangote Refinery Withdraws Suit Against Issuance of Petrol Import Licences Amid New Import Tariff - 16 hours 36 min ago

Disney's ESPN, Penn Entertainment to wind down sports betting partnership, ESPN Bet
CNBC - 11 hours 18 min ago
ESPN and Penn Entertainment are winding down their sports betting partnership two years after reaching a 10-year agreement.

COMMENTARY:

BusinessInsider - How long could the Disney blackout on YouTube TV last? Here's what history says. - 6 hours 47 sec ago

Indiatimes - ‘Murdaugh: Death in the Family’ on Disney’s Hulu: What was the real case involving Alex Murdaugh, who killed his wife and son, and what were his financial crimes; Check series finale date - 19 hours 14 min ago

Google's rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
CNBC - 11 hours 31 min ago
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.

COMMENTARY:

BusinessInsider - Google is in early talks to deepen its investment in Anthropic - 21 hours 55 min ago

Ukraine: Russia says advances made in key city of Pokrovsk
Deutsche Welle - 13 hours 41 min ago
Russia says it has nearly surrounded the frontline city and is close to capturing it, after over a year of fighting. Meanwhile, South Africa is probing how 17 of its citizens were lured to fight in the war. DW has more.

RELATED:

Deutsche Welle - South Africa probes how 17 of its citizens were lured to fight as mercenaries in Ukraine - 13 hours 41 min ago

COMMENTARY:

Russia Today - Polish president bemoans Ukraine’s ‘lack of gratitude’ - 3 hours 7 min ago

SCMP - Ukraine jails Russian soldier for life for killing POW in first such ruling - 6 hours 46 min ago

BusinessInsider - Ukraine and Russia are surging drones with longer reach to hunt targets beyond a widening 'kill zone' - 7 hours 13 min ago

The Guardian - South Africa launches investigation into 17 citizens fighting in Ukraine - 9 hours 24 min ago

The Independent - Angelina Jolie’s Ukraine visit sparks row as military recruiters seize her driver - 14 hours 31 min ago

Indiatimes - Angelina Jolie’s driver detained and drafted into the army during her trip to war-torn Ukraine - Is he a Ukrainian? Check the reason behind his detention - 18 hours 19 min ago

Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say - Reuters
Reuters - 16 hours 4 min ago
Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say Reuters

RELATED:

NDTV - Trump Pressed Xi To Release Jailed Hong Kong Media Tycoon: Reports - 20 hours 54 min ago

CNBC - Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut - 22 hours 32 min ago

COMMENTARY:

SCMP - Hong Kong leader John Lee to speak at family business summit - 1 hour 1 min ago

The Hindu - Qatar Airways to sell its holdings in Hong Kong's Cathay Pacific for $896 million - 14 hours 50 min ago

Does Trump Have A Plan To Denuclearise US, Russia And China? "Maybe"
NDTV - 16 hours 26 min ago
US President Donald Trump said on Wednesday that he may be working on a plan to denuclearize with China and Russia, without providing details.

COMMENTARY:

Russia Today - NATO now outproducing Russia in ammo – Rutte - 3 hours 32 min ago

The Independent - Europe’s new weapons system to fight the rising threat of Russian drones - 10 hours 58 min ago

SCMP - ‘Drone wall’: how Nato is plugging the Russian airspace gap - 13 hours 11 min ago

Cyberattack In Nevada Started In May But Only Discovered In August: Report
NDTV - 17 hours 3 min ago
State workers were put on paid administrative leave. Nevada residents couldn't receive their driver's licenses. Employers were unable to conduct background checks on new hires. These were all effects of a massive cyberattack in Nevada.

Netflix Institutes Ad Reach Metric As Commercials Cross 190 Million Viewers
NDTV - 17 hours 15 min ago
Netflix said on Wednesday that ads on its platform have reached over 190 million monthly active viewers (MAVs) globally, as the streaming giant instituted the new metric to measure its ad reach in terms of people instead of accounts.

COMMENTARY:

Indiatimes - Netflix reveals voice cast and first look photos for 'Stranger Things': Tales From ’85’ - 7 hours 20 min ago

New York Post - Netflix in talks to stream SiriusXM podcasts in bid to take on YouTube: reports - 7 hours 58 min ago